You are virtually guaranteeing that you will overpay for credit card processing if you’re comparing processors based on which ones are willing to provide a free terminal. The Economics of “Free” There’s an Exception to Every Rule One-Two Punch: Free Machine & Cancellation Fee True Cost of a Free Machine = $5,700 EMV Chip Cards […]
Like the saying goes, “there’s no such thing as a free lunch.” Credit card processors recoup the cost of a free credit card machine through expensive tiered pricing and various other fees.
