Providing Business Owners Merchant Services Including Card Processing, Cash Advances, Invoice Factorign and More.

Home | Card Processing | Credit Card Machines | Rates and Applications | Funding Solutions | Company Info



 866-561-0098


   • Card Processing
   • Cash Advances
   • Equipment Leasing
   • Invoice Factoring
   • So Much More…


 

Do you know the difference between Debit cards and Credit Cards?

Did you know you may be paying way more than you should be paying on your Debit cards? If you have an average ticket over $35.00 than you probably will save a good amount on taking debit cards the way they are meant to be taken.
 

One situation that could be problematic with debit cards is that they can bounce like a check if the customer goes over their limit. What's worse, if the customer has a history of overdraft fees there are instances where the bank won't even pay you!! (With a credit card you never have to worry about this happening because the credit card company will always pay the merchant and charges the cardholder a fee). When check/debit cards are taken correctly you can avoid the hassle and never experience another chargeback on debit cards.
 

Not only can Merchant Direct offer you the security of capturing debit card funds, we offer the best price possible to sweeten the deal. We bring you one flat fee of .55 instead of the regular percentage rate and transaction fee. Since you can take the risk out of accepting debit cards and save money at the same time, the only question left is why wouldn't you? Take a look at the example below.

 

Debit as Credit

$100.00   Χ   2%   +   .25’   =   $2.25

            Transaction   Discount Rate   Trans. fee   Your ultimate fee

Debit as Debit

$100.00   =   .55’      or      $500.00   = .55’

                                                         Transaction   Your only fee              Transaction     Your only fee

 

  Taken the right way, Debit Cards: 
  • 1. Can't bounce
  • 2. Cost less
  • 3. Can't be disputed
  • 4. Are automatically deposited in 2 business days
     

Taking debit cards the right way is great for business with high tickets and for those who have a high number of chargeback's. If you have no problem with chargebacks and you have a small ticket average ask a representative about our bundled rate program. This is for businesses with many transactions at low average tickets. Coffee shop's ect. A bundled rate is a rate with the transaction bundled in the rate.   
Learn more on how to take Debit cards and to see if your equipment is compatible...
   

 

 Open a Merchant Account.  Apply With Our Fast And Easy Application.   866-561-0098

 

© 2007 Merchant Direct. All Rights Reserved. Privacy Policy Contact Us

Home / Processing / Cash Advance

Merchant Direct is a registered ISO with Merchant Services, Inc. New Jersey