{"id":61173,"date":"2016-04-27T13:42:02","date_gmt":"2016-04-27T13:42:02","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=61173"},"modified":"2016-04-27T13:42:02","modified_gmt":"2016-04-27T13:42:02","slug":"costco-evalon-compares-credit-card-processing-to-those-of-square-reader-wells-fargo","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/costco-evalon-compares-credit-card-processing-to-those-of-square-reader-wells-fargo_61173.html","title":{"rendered":"Costco Evalon Compares Credit Card Processing to those of Square Reader, Wells Fargo"},"content":{"rendered":"<div style=\" width:250px; padding:8px 10px 10px 10px; float:right;\"><a href=\"http:\/\/www.getnews.info\/wp-content\/uploads\/2016\/04\/a1461344535.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"image\" src=\"http:\/\/www.getnews.info\/wp-content\/uploads\/2016\/04\/a1461344535.jpeg\" alt=\"\" width=\"225\" height=\"191\" \/><\/a><\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Chase, Square Reader, Wells Fargo, Bank of America: Credit Card Processing, Merchant Account, compared<\/div>\n<p id=\"yui_3_18_1_1_1461430712822_2231\" style=\"text-align: justify;\">Merchant Resources<strong>,&nbsp;<\/strong><a rel=\"nofollow\" id=\"yui_3_18_1_1_1461430712822_2234\" href=\"http:\/\/www.credit-card-processing.com\/\"  data-rapid_p=\"9\">www.credit-card-processing.com<\/a>, compares its credit&nbsp;card merchant services to those of Square Reader, Wells Fargo Merchant Services, and Bank of America Merchant Services.<\/p>\n<div class=\"body-slot-mod\" style=\"text-align: justify;\">With Merchant Resources, merchants get a free wireless&nbsp;terminal with built-in printer or vx520 non-wireless machine, with much better rates than Square Reader (See Ad).<\/div>\n<p style=\"text-align: justify;\">Merchant Resources called the 1-800 listed on each of the credit card merchant services&nbsp;and discovered a variety of differences outlined below:<\/p>\n<p id=\"yui_3_18_1_1_1461430712822_2112\" style=\"text-align: justify;\"><strong id=\"yui_3_18_1_1_1461430712822_2111\">Square Reader<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Base Retail Visa\/MC rate of 2.75%<\/li>\n<li>Key Entered Rate of 3.5%<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong><br \/>Wells Fargo<\/strong><\/p>\n<div class=\"body-slot-mod\" style=\"text-align: justify;\">Base Retail Visa\/MC rate @ 2.2% and 25 cents<\/div>\n<ul id=\"yui_3_18_1_1_1461430712822_2237\" style=\"text-align: justify;\">\n<li id=\"yui_3_18_1_1_1461430712822_2236\">Mid qualified rate @ 3.1% and 25 cents<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2239\">The salesperson did not disclose the non-qualified rate<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2241\">Lease of terminal for $35 for 48 months or purchase terminal for $699 (FD130 terminal)<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2243\">$75 yearly fee<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2245\">$95 Setup fee<\/li>\n<li>No contract until filing-out personal information using a social security number, etc.<\/li>\n<li>Wells Fargo credit card processing was high in fees, equipment cost and processing rates.<\/li>\n<li>Each time&nbsp;<strong>Merchant Resources&nbsp;<\/strong>called received different quoted rates.<\/li>\n<\/ul>\n<p id=\"yui_3_18_1_1_1461430712822_2051\" style=\"text-align: justify;\"><strong id=\"yui_3_18_1_1_1461430712822_2053\"><br \/>Bank of America<\/strong><\/p>\n<ul id=\"yui_3_18_1_1_1461430712822_2008\" style=\"text-align: justify;\">\n<li id=\"yui_3_18_1_1_1461430712822_2049\">1.69% Base Retail Visa\/MC rate<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2047\">3.19% Mid-qualified rate<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2014\">Over 4.35% Non-qualified rate<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2012\">Terminal cost on a lease of $28.95 per month or purchase for $599<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2010\">No contract until filing-out personal information&nbsp;using social security number, etc.<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2007\">Bank of America was transparent regarding their high discount rates.<\/li>\n<\/ul>\n<p id=\"yui_3_18_1_1_1461430712822_1999\" style=\"text-align: justify;\"><strong><br \/>Merchant Resources&nbsp;offers the following:<\/strong><\/p>\n<ul id=\"yui_3_18_1_1_1461430712822_970\" style=\"text-align: justify;\">\n<li id=\"yui_3_18_1_1_1461430712822_1078\">1.25% for debit\/credit card with no pin<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_1007\">1.65% for base Visa and MasterCard, Discover<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_969\">No Monthly Fees<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2020\">FREE Terminal, cellular phone &#8220;Swiper&#8221; or &#8220;POS&#8221; for restaurant<\/li>\n<li id=\"yui_3_18_1_1_1461430712822_2022\">If a business&nbsp;has a low average ticket,&nbsp;<strong>Merchant Resources<\/strong>&nbsp;provides 5 cents transaction fee<\/li>\n<\/ul>\n<p id=\"yui_3_18_1_1_1461430712822_2025\" style=\"text-align: justify;\">Merchants consistently process payments over $10 per purchase, have better options at:&nbsp;<a rel=\"nofollow\" id=\"yui_3_18_1_1_1461430712822_2024\" href=\"http:\/\/www.credit-card-processing.com\/\"  data-rapid_p=\"12\">www.credit-card-processing.com<\/a><\/p>\n<p id=\"yui_3_18_1_1_1461430712822_989\" style=\"text-align: justify;\">To receive a free no obligation merchant account quote, visit&nbsp;<a rel=\"nofollow\" href=\"http:\/\/www.credit-card-processing.com\/\"  data-rapid_p=\"13\">http:\/\/www.credit-card-processing.com<\/a>&nbsp;or call 1-888-895-3129.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> Merchant Resources<br \/><strong>Contact Person:<\/strong> Jim Johnston<br \/><strong>Email:<\/strong> merchantconsult@gmail.com<br \/><strong>Phone:<\/strong> 1-888-895-3129<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.credit-card-processing.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.credit-card-processing.com<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.credit-card-processing.com\" style=\"width:605px; height:400px;\"><\/object><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=costco-evalon-compares-credit-card-processing-to-those-of-square-reader-wells-fargo\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chase, Square Reader, Wells Fargo, Bank of America: Credit Card Processing, Merchant Account, compared Merchant Resources,&nbsp;www.credit-card-processing.com, compares its credit&nbsp;card merchant services to those of Square Reader, Wells Fargo Merchant Services, and Bank of America Merchant Services. With Merchant Resources, merchants &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/costco-evalon-compares-credit-card-processing-to-those-of-square-reader-wells-fargo_61173.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-61173","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/61173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=61173"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/61173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=61173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=61173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=61173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}