Free Credit Card Terminal Program Has Leasing Companies Scratching Their Collective Heads

    STANHOPE, NJ, May 07, 2009 /24-7PressRelease/ -- IntelliCollect, merchant account provider and agent of United Bank Card, is announcing their merchant-friendly solution to pricey credit card terminal leasing.

Currently, a free credit card terminal is being offered to merchants looking to accept credit card payments for their goods and/or services. With this incentive, business owners are now able to open a merchant account at absolutely no upfront cost to them.

To accept credit card payments, retailers must first open a merchant account and obtain the appropriate credit card terminal to meet their business needs. For some retailers, it may not be economically feasible or they may simply not want to pay the full cost of a terminal upfront.

One option presented to business owners who either do not have the funds or do not want to buy a terminal outright is credit card terminal leasing. However, there are two major drawbacks to this alternative which include:

• Credit card terminal leasing often witnesses business owners paying substantially more than the terminal is worth or what it would cost to purchase the terminal outright.

• In most cases, once a lease is signed it cannot be cancelled. If a credit card terminal were returned early, the merchant would still be responsible to fulfill the full term of the lease.

In a continued effort to provide unmatched credit card processing services while helping retailers keep their credit card processing costs low, IntelliCollect is currently offering an economical solution to credit card terminal leasing.

Andy Lax, Account Manager of IntelliCollect, states, "Our credit card terminal program is designed to save business owners hundreds of dollars, enabling anyone to open a merchant account and secure equipment at no initial expense."

Merchants who take advantage of IntelliCollect's free credit card terminal program can expect:

• No credit card terminal leasing fees.

• No merchant account start up costs.

• A choice from a diverse range of advanced payment terminals designed to meet the unique demands of their business such as the Verifone Vx510 Dual Comm, Hypercom T4210 dial and T4220 IP/dial, Hypercom T7Plus, Nurit 2085 and the best wireless terminal on the market, the Nurit 8020.

• No minimum processing volume restrictions.

• Guaranteed repair or replacement of any defective terminal.

According to Mr. Lax, "with this newly instituted program, credit card terminal leasing has now become obsolete."

To find out more about IntelliCollect's new credit card terminal program and how they can assist any size business with their credit card and check processing needs, simply visit: http://www.intelli-collect.com.

About IntelliCollect

A provider of professional, affordable merchant account services since 2002, IntelliCollect is recognized as an industry leader in the merchant account field. IntelliCollect, considered the Walmart of the electronic payment processing industry, offers the most cost-effective solutions to business owners who need credit card and check processing capabilities. Outstanding customer and technical support is provided at no additional expense.

Media Contact: Andy Lax, 1-973-448-9701, [email protected]

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