Question & Answer 800.531.3126
Q. Business Owner: Why should I want to switch merchant services to Capitial Bankcard?
A. Capitial Bankcard: Simple, you could save thousand of dollars by switching merchant services to Capital Bankcard. Show us your merchant statement, and we can do a comparison to show you how much you could save. Or you could click on "Pricing" button, and you can do a comparison yourself. Number can't lie.
Q. Business Owner: How can Capital Bankcard set such a low rate compared to other merchant services providers? Can Capitial Bankcard show something to prove Capitial Bankcard low cost services?
A. Capitial Bankcard: We have a patent pending advanced technology in Bin$mart embedded in Hypercom T4220 terminal to calculate the lowest cost to process every transaction. Please click here to see example of how Bin$mart saves you money. Most other merchant services provider set a "3 Tiers" pricing starting at 1.69% which could cost merchants (business owners) many times more. With a "3 Tiers" pricing system, merchant services providers could downgrades, add surcharges and add hidden fees without merchant knowledge. A few companies, including Capitial Bankcard offer Interchange+ pricing to Small and Medium businesses. Interchange is the wholesale cost that all banks must pay to each other through Visa, MC network. "+" is the percentage that merchants pay to Capitial Bankcard. You can understand more about Interchange by clicking on the Interchange button above. These are a few examples of merchants currently using Capitial Bankcard services:
* Nails Salon paid $118.22 for a total process amount of $5,329. You can figure out the net cost percentage (%) by taking 118.22 ÷ 5,329 × 100 = 2.22%. Which means this merchant paid $2.22 for every $100 processed with Interchange + 0.35% and 10¢ per transaction.
* Nails Salon paid $551.56 for a total process amount of $26,587. Net cost % = 2.07%. Which means this merchant paid $207 for every $10,000 processed with Interchange + 0.30% and 10¢ per transaction.
* Nails Salon paid $872.39 for a total process amount of $46,682.87. Net cost % = 1.87%. Which means this merchant paid $187 for every $10,000 processed with Interchange + 0.28% and 10¢ per transaction.
* Nails Supply paid $232.39 for a total process amount of $13,326.87. Net cost % = 1.74%. Which means this merchant paid $174 for every $10,000 processed and $348 for $20,000 with Interchange + 0.28% and 10¢ per transaction.
Q. Business Owner: why are some merchant's discount rate lower than others?
A. Capital Bankcard: We set the discount rate depending on industry and volume. Please click on the Pricing button above to know more about our Interchange + pricing.
Q. Business Owner: What about services and support?
A. Capital Bankcard: Our world class technical support open 24/7 and we speak 60 languages including Vietnamese.
Q. Business Owner: I currently have a contract with another processor and the early termination fee is $500. I don't want to pay for it. I will wait until my contract is over and I will switch to Capital Bankcard.
A. Capital Bankcard: Well, good news; You don't have to wait! And you don't have to pay for early termination fee either. Capital Bankcard will pay for your early termination fee as long as you process more than $10,000 per month in the first month you process with Capital Bankcard.
Q. Business Owner: What about the terminal (machine), do you offer free terminal?
A. Capital Bankcard: Many merchant service providers who offer FREE credit card terminal misleads merchants to believe that the equipment is FREE. No, it is not FREE. Business owners who use FREE equipment will pay more for the FREE terminal through higher processing cost and will pay a penalty when the terminal is returned. Capital Bankcard can reprogram the terminal for you if you already have one. If not, Capital Bankcard is the place for you to buy credit card terminal because we are the low cost leader in the industry. These are some of the most common terminals and their prices:
1. Verifone Nurit 2085......... $135 Verifone Pin Pad 1000se........ $89
2. Hypercom T7Plus........... $175 Hypercom Pin Pad P1300...... $89
3. First Data FD 50............ $199 First Data Pin Pad FD10........ $89
4. Hypercom T4210........... $235 Hypercom Pin Pad P1300...... $89
