Currently more than 99% of businesses accepting credit cards are on traditional programs. These businesses pay a variety of different Monthly and Annual Fees, as well as a percentage of all sales for the privilege of accepting Credit Cards as a form of payment. When you add up the fees and percentages that Business Owners are forced to pay it comes out to anywhere from 2.5% – 4%+ of their Gross Credit Card Sales.
How It Works
With updated changes to the law and technology, your business can easily accept credit cards for FREE!
Harder To Cover Costs\
With Credit Cards and Mobile Payment options such as Apple Pay and Google Wallet becoming the standard, Business Owners are finding it harder and harder to cover costs. A solution is needed to offset the cost and maintain a reasonable profit margin. Posinmyarea is now available through our authorized representatives.
The Legal Battles
With Credit Cards and Mobile Payment options such as Apple Pay and Google Wallet becoming the standard, Business Owners are finding it harder and harder to cover costs. A solution is needed to offset the cost and maintain a reasonable profit margin. Posinmyarea is now available through our authorized representatives.
Posinmyarea
Now, through Posinmyarea a small service fee (4%), is charged for allowing the customer to use an alternate form of payment. This fee is waived as a discount if the customer elects to pay cash or check (if checks are accepted). Posinmyarea is a proven solution that allows businesses to increase profits by reducing overhead and driving cash sales.
*All debit transactions must be run as credit (pin pad will be disabled). If machine prompts for pin press enter and charge will go through*
Sign Up Process
Sign Up with Posinmyarea today and get started on saving your fees.
1. Submission
Void Business Check
Merchant's ID
Signed Agreement
To accept EBT, Merchant must provide the following:
FNS Number - Average Monthly Transaction Count
Other Paperwork
Terminal Sale ACH Debit Authorization From
2. Underwriting
MATCH List Search
Business Type
Transaction Size
Credit Check
3. Approval & Deployment
Approval typically comes 48-72 hours after Full Submission
After Approval Terminal is programmed and shipped to Merchant
4. Install
Online Registrations:
TSYS - VISA - MasterCard - Discover
Plug & Test Terminal
Compare Posinmyarea
| Fees | Posinmyarea | Traditional Credit Card Processing |
|---|---|---|
| Annual Fee | Waived | $79.99 – $199.99 Per Year |
| Statement Fee | Waived | $5.00 – $10.00 Per Month |
| Terminal Maintenance Fee | Waived | $5.00 – $19.95 Per Month |
| Online Access Fee | Waived | $3.00 to $15.00 Per Month |
| TIN / IRS Fee | Waived | $4.95 – $9.99 Per Month |
| Express Funding Fee | Waived | $9.95 – $19.95 Per Month |
| Authorization Fee | Waived | $0.05 – $0.25 Per Transaction |
| Transaction Fee | Waived | $0.05 – $0.25 Per Transaction |
| Interchange Fee | Waived | 2% – 4% of Gross Credit Card Sale Volume(varies by business and Card type) |
The Posinmyarea Guarantee
Posinmyarea is so confident that you will be satisfied with our service that we added a guarantee. If at any point you decide that the Posinmyarea service is not right for your business we will match whatever deal you currently have with your Credit Card Processing Company and switch you back to the traditional credit card processing platform.
