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Accepting Credit Cards
Credit and Debit Cards
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Where do you get equipment needed to run credit cards and what is the cost?

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Wiki User
2007-04-19 16:01:30
2007-04-19 16:01:30

The type of equipment you will need to run credit cards first depends on the situations in which you take credit cards, be it in-person or

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There is often an annual fee, but some credit cards have no annual fee, and this means that they would cost you nothing to keep.

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Credit card equipment is very expensive. Having a credit card terminal can cost anywhere for $150-700. Or a company can lease one for $20 a month if they are able to find the right deal.Signs at stores that state a minimum balance is because the merchandiser has to pay a fee for processing credit cards.

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Low interest business credit cards have much less low risk than high interest credit cards. Less cost is imposed for the person using the credit card.

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The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.


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