Understand what the early termination costs are before you sign a contract.
Gateway and Merchant Account Services are normally 1-3 months notice. Terminal hire will have a longer tie in (3-4 years) and it is the industry norm for early termination costs to be payment of remaining terminal hire. Some suppliers, in addition., may include re-stocking fees or penalties on top of this.
How To Reduce Your Card Processing Cost – Tip #9 was last modified: November 10th, 2014 by