Processing Credit Cards
Commonly when a merchant first goes into business and wants to accept and process visa and mastercard credit cards at their place of business, their first option of being set up to accept credit cards is through their bank. The first question that is asked by the merchant is "what is the percentage rate of the fees for accepting Visa/MasterCard?" As the bank, answers the merchants question with a rate, usually no other questions are asked other than how much is the equipment and how it is paid for. The merchant then signs on the dotted line and his education begins on why he is paying much higher fees than the quoted rates given as time goes on.
Request our Free Fully functional single-user version of QuickBooks Point of Sale. After you install it, you can activate a 60-day free trial of Pro in the Help menu. After you activate it, you must register it to turn on the Pro features. You can Enter and use your own real data as well as process credit cards with a POS merchant account.
After 60 days it reverts to the free version of QuickBooks Point of Sale 10.0. If you choose not to purchase POS after the trial ends, it’ll convert to the free version which will still allow you to ring up sales, process credit cards (if you have a POS merchant account) and send sales data to QuickBooks, but will no longer track customers or inventory.
