Chicky Finance

Discovering what it takes to say "NO" to spending "YES" to saving

PROGRESS

Hello everyone! Welcome to Chicky Finance! I started this blog in mid January after reading several PF blogs; I got so motivated that I decided to share my "not so smart" mistakes and hope that someone else can learn from my miscalculations at the same time witness my journey of becoming debt free! More

DEBT-O-METER

CC Start 1/12/08: $25,970

CC Debt 11/15/2008:$16,450
Car Loan Start: $27,540
Car Loan 11/15/08: $18,434
IRS: $5000
Current IRS:$4,900
Thanks God no Student Loan!

Free Credit Card Machine?

Nowadays seems like almost everybody loves using those plastic cards when it comes to shopping. I personally use my debit card for almost every transaction because at the end of a month I can have a spending report without spending too much time. Whatever shop I go, I just expect to have a credit card machine to swipe my debit card. However do you know how much even that little machine costs? Let’s put it that way a lot. If you are starting a new retail business, I have news for you. I came across http://www.onlinecheck.com/ and they offer free terminal your to keep ($295 value) if you use their credit card processing service. They offer next day merchant funding, you can process orders today-get paid tomorrow. Once you sign up their merchant account, you can accept credit cards: Visa, MasterCard, American Express, Discover*and there is No long-term contracts. (I don’t like contracts), Process month to month, 1.59% transaction rate(I am not sure how good this rate is, you need to make your own research on that), There is NO Annual Fee and you can Cancel anytime. Also they offer Free Terminal Replacement Insurance/Warranty – If anything happens to your terminal, they will replace it free of charge. This service is offered for the life of your account with Merchant Advisors. And last, there is 30 day free trial so nothing to lose!

1 comments:

  1. Mrs. Accountability said...
     

    Chicky, Mr. A will eventually need to have something like this in his business... even though we hate credit cards and debt, we can't turn down customers that want to pay using their credit cards!! Thanks for letting us know about this service. 1.59% sounds pretty good - I had to research this for my employer and we are paying 2.15% when clients give us all the card information, but if only the bare minimum information is given we pay up to 3.3% PLUS when people use cards that give points, we always have to pay 3.3% transaction fee.

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