- advertisement -

Hardware and software
for a merchant account


Merchant accountsIn addition to getting a merchant account, you'll need hardware and software to make it work. Shop around for the best combination of price and capabilities before you take the plunge. Here's a closer look at some of the offerings on the market.

The table below offers examples of merchant account hardware and software from a variety of companies. The information was gathered online or by contacting individual firms. Inclusion in this list is not meant to endorse any particular company, but simply to give small-business owners an idea of the range of merchant accounts equipment available, and their costs. The prices can change at any time.

Model Recommended use Cost Lease Supplier
Nurit 2085 terminal For home-based business $995 $39 a month for 48 months Electronic Transfer Inc.
Tranz 460 Terminal For medium to large retail operations. This unit features a built-in printer for receipts. $1,295 $45 a month for 48 months Electronic Transfer Inc.
PC Authorize and MacAuthorize This PC-based system features address verification, generates receipts and can create a customer database $599 $25 a month for 48 months/
$30 a month for 36 months/
$35 a month for 24 months
CyberAuthorize
Telemerchant For home-based business $295 setup fee NA CyberAuthorize
SkipJack For small, medium, large businesses. Processes transactions on your Web site $299 setup fee plus $30 a month gateway fee NA CyberAuthorize
VeriFone Tranz 330 For low- to medium-volume retail sales $550 $35 a month for 24 months/$21 a month for 48 months Merchant Express
VeriFone Tranz 380 For high-volume stores such as restaurants and convenience stores $650 $39 a month for 24 months/
$23 a month for 48 months
Merchant Express
VeriFone Tranz 380 x2 This system allows you to run two separate merchant accounts on one machine. $725 $43 a month for 24 months/
$26 a month for 48 months
Merchant Express
VeriFone Tranz 460 For medium- to large-volume operations. It prints receipts. $795 $46 a month for 24 months/
$26 a month for 48 months
Merchant Express
VeriFone OMNI 3200 For medium to large operations.
Has a triple track reader/port for pin reader or bar code reader
$481 NA Merchant Discount Rates.com
Hypercom T7E This system holds up to 200 transactions $410 NA Merchant Warehouse.com Inc.
V/1000 pin pad For PIN number entry $247 NA Merchant Discount Rates.com
Hypercom P8 printer Features bi-directional printing and a 3-inch paper roll $285 NA Merchant Warehouse.com Inc.
HypercomT7PRA This cellular terminal works well for merchants who sell products at special events or in kiosks $1,160 NA

Merchant Warehouse.com Inc.

NA=Not Available

 

-- Posted: May 1, 2000

top of page
See Also
Main story: Businesses pay plenty to accept cards
PLUS: Prices of merchant account services
AND: How to open a merchant account
More Small Biz stories

30 yr fixed mtg 5.19%
48 month new car loan 7.05%
1 yr CD 1.61%
Alerts
More good stuff
Small-business glossary
Small business archives
Find the best business account rates
Calculate your key business ratios
Business credit card rates
Business basics: easy guides to success
Economic statistics and interest rates
E-mail the SmallBiz Adviser
   
 
   
 
   
 
   
 
   
 
   
Checkup

Calculators
Current ratio calculator
Quick ratio calculator
Debt to assets ratio calculator
Return on assets calculator
Gross profit margin calculator

Operating profit percentage calculator

Buy our book
Your Financial Action Plan
Learn more
- advertisement -
 
- advertisement -