WIRELESS CREDIT CARD TERMINAL CANADA FULLLearn More: Read our full Payment Depot review. WIRELESS CREDIT CARD TERMINAL CANADA PLUSInterchange plus pricing includes a flat fee of between $0.07 and $0.15. Monthly pricing is between $59 and $199, depending on the setup you need and how much you process in payments each month. A monthly subscription includes an online store, free POS equipment setup and mobile payment processing with your smartphone. With Payment Depot, you can accept payments online, in person, over the phone or via invoice. Payment Depot is quick and easy to set up, which helps you get up and running collecting debit and credit card payments in as little as 24 hours. You pay a monthly fee based on your transaction volume, plus a flat per-transaction fee based on your membership tier. If you’re a merchant on the go, the free Square Reader that connects to your smartphone is a nice perk.Ĭompared with the high transaction fees of well-known payment processors, Payment Depot keeps its fees low by using a tiered membership platform. It charges no monthly fee, and you’ll only pay for the transactions you process. Square is best suited for businesses with a variable monthly transaction volume. If you need to manually enter the customer’s card number, such as if they call to place an order over the phone, the rate increases to 3.5% plus 15 cents per transaction. If you opt to use Square for online sales, you can expect to pay a higher rate of 2.9% plus $0.30 per transaction. In-person payments cost the merchant a fee of 2.6% plus $0.10 per transaction. There’s much to like in this affordable, user-friendly POS. It charges no monthly subscription, just a percentage-based transaction fee, regardless of the size of your business. Square is an online and mobile payment processing and point-of-sale (POS) platform for businesses of all sizes, from startups to small brick-and-mortar shops to large, multi-store operations.
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