Why don't you post a link to the deal if you have one?
The only deal I've seen, which looks OK is the following..
QuickBooks does recurring billing but I'm not sure if this will work with this service with ease..
What does the service cost?
The QuickBooks Merchant Account Service replaces the traditional credit card swipe terminal, so you do not need to purchase this equipment to use this service.
The QuickBooks Merchant Account Service is offered with Wells Fargo Bank.
Regular fees for this Service include:
One-time setup fee (This is a non-refundable, one-time fee charged to set up your merchant account. The QuickBooks Merchant Account Service does not charge a setup fee.)
$10.00 Monthly Internet service fee (This is a fee charged every month to make your merchant account accessible from the Internet. The QuickBooks Merchant Account Service does not charge a monthly Internet service fee.) None
Discount rate for MasterCard® or Visa® (This percentage of every MasterCard or Visa transaction is deducted as a fee. You are billed every month for the accumulated charges for the respective month's transactions.) 2.30%
Per transaction fee (This is an amount charged for every transaction. This amount is in addition to the discount rate.) $0.10
Monthly fee (This is the amount you will be charged every month for your merchant account.) $14.95
Special fees (charged when applicable) include:
Fees for cards other than MasterCard or Visa (This refers to credit cards other than MasterCard and Visa; specifically, Diner's Club®, Discover® Card, and American Express®. Discover and American Express send separate statements to you. Diner's Club will be included with your MasterCard or Visa statement. Wells Fargo charges an authorization fee for these transactions.) $0.15
Chargeback fee (This fee is applied for a chargeback where you are found to be liable when a customer disputes a charge, in addition to the disputed transaction amount). $15.00
Terms, conditions, pricing, and service features subject to change.
For more information about Merchant Account Service fees for Wells Fargo, contact Wells Fargo (toll-free) at 1-877-461-2909.
Originally posted by ')'
QuickBooks contacted me last week. They are enabling registered users the ability to accept credit cards with apparently, no set up charge, no monthly fees. Just the usual premium per transaction.
Is anyone using this service yet? Any comments?