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13 Desember 2008

Re: [taxchat] accepting CC

Chris, I paid $349 for the machine.  Setup was a snap.  I got it from Cocard (NATP affiliated company).  If you don't use it during the month, a minimum fee of $5.  Not too bad.  I take Visa, MC, and Discover.  American Express had a $35/mo minimum fee, and their % was larger than any of the other cards, so I don't take it.  This is the info I found on the NATP website when Cocard was a vender at the National Convention.  Looks like I can get a referral bonus if you use my name!  That would be great!
 
My machine lets me put in #'s taken over the phone also (for those clients out of town!).  And it takes debit cards (which is why I really wanted it...all the younger folks that I do don't have checkbooks, besides the monthly fee being low when I don't use it much (summer, fall, etc.)  AND it batches itself out every night (if you used it that day).  What can be simpler than that!   Hope this helps!
 
 
http://www.cocardinfo.com/   This is their actual website...but down below is copied from the NATP website (Affiliate Business Deals section of Members Only.

COCARD - Anderson Properties Inc
Booth # 29
Phone  800.333.0826
Fax  866.903.1046

COCARD offers credit card and check processing with low monthly, seasonal or full-year programs. Member-only rates are available on services and terminals. There are no long-term contracts to worry about, and referral bonuses are paid to members.


 
 

Merchant Credit Card Processing

COCARD

COCARD – Finally, a credit card services company that understands and works with you. NATP has entered an agreement with COCARD which provides members with a $5 per month statement fee…whether the service is used for the tax season or the whole year.  You can choose a four month seasonal account with no charges the rest of the year or, for only $5 per month, accept credit cards for those late filers or other bookkeeping services.  NATP members may further benefit by introducing clients to this flexible, competitive service and receive a $50 referral fee.

For those members already accepting credit cards:

Take the COCARD challenge. Fax a recent complete statement from your current provider to 866.903.1046.  It will be analyzed and the savings will be quoted in writing.

For those new to accepting credit cards:

  • Low "members-only" rates of 1.89%, (check-debit cards are 1.59%), plus 25 cents per transaction.  Half the transactions in the U.S. are check-debit cards; therefore, your average rate becomes 1.74%!  Rates quoted are good until raised by Visa and MasterCard.  Discover and American Express can also be set up at your request.
  • Card not present (MOTO-mail order, telephone order) rates are 2.30%, plus 25 cents per transaction.  
  • Only a $5 per month statement fee – no minimums, application, batch or set up fees.
  • COCARD is flexible. No lengthy contract with an early termination penalty is required.
  • Next day funding is available on yearly contracts.
  • No new equipment is necessary…your present terminal will be reprogrammed over the phone.  Should you need a terminal, a new one piece, fully secure terminal/printer is available for $349 payable over 3 payments.  When your terminal arrives, plug it in and it is ready to use. COCARD will provide training at no cost.  Support is available 7 days a week, 24 hours a day.

NEW feature - Check Warranty Verification - $0 monthly minimum, 1% rate, five cents per transaction and a one time set up fee of $50. 

Fax your NATP/COCARD Confidential Information Sheet (found at http://www.natptax.com/cocard.pdf) along with a "voided" check to 866.903.1046.  The information will be used to complete an application and returned to you for signature. 

Call COCARD at 800.333.0826 with any questions and let them know you are an NATP member.

----- Original Message -----
From: Cris Kelly
Sent: Friday, December 12, 2008 12:29 PM
Subject: [taxchat] accepting CC

Does anyone know of a credit card processing system where you are charged a % of the sale BUT YOU DO NOT have to pay a monthly fee in addition to the % charge?

I have a couple of clients that have asked to pay via CC but it is seldom and I don't want to pay PAYPAL a $30 monthly fee to accept credit cards

Thanks for the help

Cris


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