To process and deposit a credit card transaction one must open a
merchant account. All transactions are daily deposited, with no
fee, into the owner's bank account.
In some cases the customer may want their dealer to provide the
processing as part of their service agreement or perhaps their
company would not allow the setup of local merchant accounts. In
this case the dealer can setup the merchant account for them in
the dealer's name and charge a 15-25% monthly processing fee
for the copier transactions.
The dealer might sell or lease the copier and CPI to the customer.
The above fees can be then added to the service agreement.
Another way is the dealer can provide the copier, CPI system and
service and give the customer 15-25% commission on copy sales.
( keeping the initial 75-85% )
Either way, the dealer will continue to generate a monthly income
from that location.
Each deal is different and depends on the factors in play. Having
the CPI system as a leverage tool gives the dealer the upper hand
and increases the odds in closing that sale. That's what the CPI
system is all about !
merchant account. All transactions are daily deposited, with no
fee, into the owner's bank account.
In some cases the customer may want their dealer to provide the
processing as part of their service agreement or perhaps their
company would not allow the setup of local merchant accounts. In
this case the dealer can setup the merchant account for them in
the dealer's name and charge a 15-25% monthly processing fee
for the copier transactions.
The dealer might sell or lease the copier and CPI to the customer.
The above fees can be then added to the service agreement.
Another way is the dealer can provide the copier, CPI system and
service and give the customer 15-25% commission on copy sales.
( keeping the initial 75-85% )
Either way, the dealer will continue to generate a monthly income
from that location.
Each deal is different and depends on the factors in play. Having
the CPI system as a leverage tool gives the dealer the upper hand
and increases the odds in closing that sale. That's what the CPI
system is all about !
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The advantages go on . . .