Designed To Work!
Best Point of Banking System is designed to work with your patient’s PIN based Credit, Debit, and ATM Cards.
Giving them access to their cash and allowing them to spend more inside your dispensary. Point of Banking equipment is similar to standard credit card processing equipment. The difference is the terminal is loaded with a custom software program that runs the transactions on ATM Networks. This also allows us to charge a small convenience fee that the cardholder pays. This fee serves to pay for the processing costs incurred, that way there are no processing fees to the merchant.
Not everyone qualifies for or carries credit cards with them. In fact, over 80 million consumers cannot qualify for a credit card, so they rely on their ATM cards.
Benefits:
Eliminate Processing Fees: Merchant pays no discount rate
Monthly Fees: $12.00
Contract: Month to Month No Long Term Contract
Automatic Approval: We Want Your Business, Your Account is PRE- APPROVED
Safer PIN-Based Transactions: Eliminates Costly Charge-Backs
Checking Account: We may be able to assist you with your checking account.
Funds: Electronically Deposited into Your Bank Account via Direct Deposit
Customer Convenience
Best Point of Banking can take Credit, Debit and ATM cards as long as they have a PIN number. This system is driven on ATM networks which allow us to pass fees back to the customer legally. All transactions must be done in $5.00 increments and are treated as cash or debit transactions on your POS systems. In most cases there is a maximum transaction per customer per day of $1000.00 for most networks.
It’s simple to use; slides their card through the terminal, decides what type of transaction they want to make, and then selects a dollar amount. Then they enter their PIN. When the transaction is approved, the machine prints a receipt that redeemed for goods or services. The cashier simply makes change to make up the total amount of the purchase. The funds are electronically deposited to your bank account in 3 to 4 business days, just as if you had a credit card machine.
A Point of Banking system is the ideal for all types of merchants that are trying to lower their costs of doing business and still offer convenience to their customers.