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NEW INTERFACES Shift4 is pleased to announce the following new or enhanced interfaces: • ACR Retail Systems
A full list of the nearly 100 POS & PMS interfaces available can be found at www.shift4.com/pos_pms.cfm .
Please keep in mind that if your property is undergoing an ownership change, the new ownership will need to complete a contract with Shift4. A contract reassignment fee, equal to 25% of your original licensing and setup costs, will apply. New processor setup forms will also need to be completed for each profit center. To ensure that a valid contract is in place prior to the management changing hands, please contact your sales representative at least two weeks prior to the date that the new management will takeover. If under two weeks notice is provided, a rush fee may apply. CREDIT CARD 101 Debit
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For example, using the rates above, a $10 purchase will still cost the merchant $.50 to process if a debit card is used, but will only cost $.12 if a credit card is used. This is why the Card Associations (Visa, MasterCard, etc.) have allowed certain industries to charge a fee to customers who use their debit card. Keep in mind, however, you can only charge a fee to customers using PINned debit (i.e. those actually entering their PIN number on a pad during the transaction). A fee cannot be charged to customers using a credit card or using offline ('signature check card') debit. Also, bear in mind that offering customers the ability to use their debit card to receive cash back will subject the entire transaction to a much higher discount rate. $ $ $ ON THE NET offers seamless integration to a variety of PINned debit and signature capture devices that can be easily and quickly deployed at your property as long as they are supported by your processor and your point-of-sale system. If you would like to add PINned debit capabilities, either in Canada or the US , please contact the Shift4 Installations Department at (702) 597-2480, Option 4. WARM WELCOME We would like to extend a warm welcome to the following companies who have recently signed with Shift4. We appreciate their business and are excited to be putting our solution to work for their organization.
The Shift4Word is edited by Randy Carr, Marketing Manager for the Shift4 Corporation. She can be reached by email at rcarr@shift4.com or by calling (702) 597-2480, ext. 3419. |
Let's say a customer makes a $100 purchase. If the customer uses their debit card, processing this transaction will cost just $.50. On the other hand, if the customer uses a credit card, it will cost the merchant $2.10. Clearly, it's to the merchant's advantage that a debit card be used
