| Debit
Card Processing (PIN)
Save Money. Gain Sales. Give
Your Customers The Choice of Using PIN/ATM Debit Cards
As a merchant, here’s a cue for the
success of your business: more and more consumers prefer using debit
cards. Here’s why:
-
They’re
easier and faster to use than a check.
-
Statements
are itemized with the location and time of the debit card
transaction. Checks
are not.
-
Most
debit cards double as ATM cards.
There’s less for the consumer to carry around.
-
The
consumer avoids increasing his or her credit card debt.
So popular are debit cards that VISA
announced that more debit card transactions than credit card
transactions had been conducted in a recent quarter.
Accepting debit cards gives you the
edge. Here’s what
makes ECHO’s debit card program especially advantageous for
you:
ECHO
processes the most widely-used debit, including:
• Maestro (MasterCard),
• Interlink (Visa)
• Star System
• Pulse
• NYCE
Advantages
to You
-
Sale
proceeds are deposited into your DDA as soon as 48 hours after
transactions.
-
Transactions
are easy and fast. Conducting a debit card transaction is just
as fast as conducting a credit card transaction.
-
Debit
card transactions will appear on your consolidated merchant
processing statement and your online transaction reporting along
with your credit card transactions.
-
With
ECHO, transaction fees are debited at the end of the
month, NOT as each transaction is processed.
So, you benefit from float.
-
24/7
ECHO customer support . . . just like our credit card
support.
Debit
Card Pricing
How much will ECHO’s debit card pricing save you?
Consider this:
|
Debit
Card Cost Savings
|
|
| Average
Ticket Amount of Transaction |
Credit
Card Cost Per Item |
Monthly
Savings (50 Xactions) |
Monthly
Savings (100 Xactions) |
| $25 |
$0.65 |
$12.38 |
$24.75 |
| $50 |
$1.05 |
$32.25 |
$64.50 |
| $100 |
$1.84 |
$72.00 |
$144.00 |
| $250 |
$4.23 |
$191.25 |
$382.50 |
|
**
Services sold with or added to ECHO
Credit Card processing do not have a separate monthly
MerchantAmerica fee, or signup fee. Services
sold alone are charged the standard fees.
Call
1-800-262-3246,
ext.
5
|