If you have a business that is seasonal or if you are running a one off event, leasing a credit card terminal may be the most cost effective option for your company.
There are a number of associated benefits including no initial cost, fixed monthly payments and the ability to update your terminal at a later date.
Furthermore, the lease costs are tax deductible. There are a number of US firms who will supply credit card terminals to businesses on a contractual basis and for varying periods of time.
First Data lease an extensive range of credit card terminals to their customers. These range from entry level models through to the latest devices.
They are a market leading company who are have provided over 700,000 leasing solutions to clients in the USA and Canada.
Their current terminals available for lease include; the FD100, FD200, FD55 and the FD400, to name a few. These can be leased on their own or as part of a complete point of sale system.
First Data’s state of the art leasing business means that user applications are typically approved within two hours of completion and can be completed 24 hours a day.
Their leases also include access to their first class customer support function which includes personalized relationship management and training programs designed to support your firm.
Their lease prices vary depending on which terminal you choose, the number of terminals required and the length of the lease entered into.
For a single terminal leased for a period of 12 months, prices can vary between $30 and $80 per month. For short term leases merchants need to contact First Data to receive a personalized quote.
Tasq have been supplying point of sale and credit card terminals to businesses across the US for a number of years and are now one of the largest firms in the market. They offer a full range of credit card terminals including;
The Ingencio range, Verifone terminals and Equinox devices. They also offer some of the latest payment solutions which are rarely found at other suppliers, such as MagTek for the IPad and RoamPay equipment.
Customers often choose Tasq due to the high level of service that they offer to their clients which includes a specialized repair and replacement service to help minimize downtime for your company.
For new customers they offer next day shipping so you can start taking card payments right away.
Again, this company’s lease prices vary depending on the specific terminal and length of lease you require, but generally prices are around $30 to $100 a month on an annual contract. Tasq also offer far shorter leases for one off events.
Ignite Payments Midwest States Inc.
Ignite Payments Midwest States Inc (MWS) (provide merchant processing services to over six million merchant locations in the US from gas stations to government agencies.
From their base in Illinois, they offer a full range of credit card terminals to firms across the US. Their terminals start from the entry level FD30 PIN pad which can be leased from $10 per month to the FD 400 at $60 per month.
Other terminals they lease include; LInkpoint AIO phone line terminal, FD100, FD 200, Verifone Wireless terminals, and the FD20 contactless reader.
New customers can use the company website to get a personalized quote or call to speak to someone who will be able to offer advice on what model would best suit your needs and budget.
The CPN Company is based in Phoenix Arizona and offers credit card terminals to businesses all over the country.
The company is perhaps most notable for its unique Equipment for Life program which is used by merchants to remove the risk of their credit card terminals becoming obsolete.
For as long as you are in their leasing program, your organization will be entitled to free upgrades or replacements once a terminal becomes out of date.
The lease also includes a repair and replacement service which guarantees that a replacement machine will be shipped to your firm immediately should your card terminal fail. This scheme is popular with all sorts of businesses from jewellery stores through to dentists and charities.
CPN can supply all types of card terminal from wireless models right through to contactless systems. Their prices vary but are generally between $20 and $80 a month depending on the terminal you opt for.