Finance – Free Debit Machine Canada

Don’t Let Your Bad Credit Stop You From Accepting VISA at your store

Credit card processing: Don’t Let Your Bad Credit Stop You From Accepting VISA at your store

WE CAN GET YOU APPROVED. We specialize in hard to get ok’s accounts.

If you just lose one sales per month because you don’t accept credit cards you have lost more that it costs to accept credit cards

Benefits Of Accepting Credit Cards
1) Credit cards are instant loans for your customers
2) More ways to get paid
3) Can be used for other business.
4) Makes sales easier to close because your customers do not feel like they are spending any money

I can get less than perfect credit applications approved for merchant accounts. in Canada one of the main reasons your Merchant credit card processing application was declined or Rejected in toronto canada is usually Poor personal credit. Active collection on your credit report will tell the bank that you can not be trusted with a Payment Processing merchant account. The trust issue is about fraud or misuse of your with POS terminals in Ontario, Canada. They link a bad / poor credit report with a higher percentage of fraud. As an example credit card processing in toronto can pay you next day in your bank. But there is not a link to delivery of services. You may Accept debit with POS terminals in Ontario, Canada but not provide the services charged for. This leads to the other reason why your application is denied. Your name is on MATCH (The Member Alert to Control High-Risk (Merchants) File ) This list is controlled by the banks to warn other bank that you have had a chargeBack or dispute with any bank that is unresolved.

Lastly your type of business is not being loved by the bank. They see more fraud and less profit in your type of company.

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Requirements For Getting A Debit Machine Toronto

Here Is What You Need To Get A Merchant Account For Accepting Credit Cards

THIS CAN BE DONE Via E-MAIL (you do not need to be in Toronto)

1) You are an Canadian Citizens or Landed Immigrants

2) You have not declared bankruptcy.
( Less than perfect credit report accepted
( We can get you approved with bad credit — but it requires an extra effort. Would be better if you have an average credit rating.)

Bankruptcy
You can buy the machine for cash and for use as debit only

3) You have a pre-printed cheque with a company name on it.
(Does NOT have to be a business cheque. Can be personal.)

4) Id such as a driver’s license (Two pieces) More info
The best id is a SIN # — but we (by law) can not ask you for this

5) Acceptable business type (you are not running drugs to hookers)
List of “Bad” business that banks do not love

Getting A Quote On Hidden Costs

The whole issue with “hidden Costs” are they are hidden in two ways. We do not use “hidden Costs”.

1) They list additional costs not in your papers work, but rather buried in the terms. Usually they spell out the money like “our fee is one hundred dollars” WE DO NOT DO THIS

2) They have negative costs, that only work if you do not use your POS debit machine. So you get a great deal on $xx.xx for the unit — but there is a min you must do per month. So if you are just starting out and have no sales you costs are not the contract you signed, but rather the charges for not using it. Can add $40.00 per month. This is how our rental works