Aug
11
Gift Card Program or Shell Game?
Filed Under Gift Card Programs
A competitor in the Minneapolis market is presenting a basic Valutec Gift Card program for around $2976.00. The program is bundled with a credit card terminal and very low credit card processing rates. Here’s the catch; the gift card program is a <$700 product and the credit card terminal is <$375 for a value of about $1100. The bundle is put on a 48 month, non cancelable lease against the terminal with payments of $60 to $69 per month. Do the math. In addition the lease has a $30 per year insurance charge for another $120. Don’t be suckered in to this deal call me at 612.229.8808 and we can have have a joint meeting with the representitive of this company and I’ll help you ask the right questions. I’ve had two meetings already. Remember: NEVER SIGN A MINIMUM TERM CONTRACT WITH A CREDIT CARD PROCESSOR AND ABSOLUTELY NEVER AGREE TO PAY A TERMINATION PENALTY IF YOU CHOOSE TO GO ELSEWHERE.
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