EFT setup

[daredvl_edm]

I currently offer EFT through debitting a persons account, however can i do this via credit card. I asked my bank about it, and they informed me that through them i can only do it via the bank account, however through moneris, i should be able to get an imprint and have it done.

Now with that said, i would probably have to manually do it every month, is this correct. Any information regarding EFT's would be greatly appreciated.

Thanks.

[SSmith]

I get an imprint and mannually enter them each month, it gets really costly to have a company do it. I would not look at until you have to many to enter.

[daredvl_edm]

Thanks for the information.

[Instill Tanning Studios]

I do it through Eselect plus. Its like $40.00 a month and it does it automatically every month!

[Din]

Moneris offers E-Select Plus which you manually enter your customers CC info...ONCE....and every month on the date you specify, it will debit the account..or however you set it up.

With E-Select Plus, you can also do online CC transactions...just like your terminal.

I pay $35/month for E-Select Plus..........plus there is the % they take off just like the terminal does.

So it's no different than when you rent your terminal and pay monthly and they take the % off the transactions....only this is to keep your CC transactions.

80% of the EFT's will be on CC....so you may want to look at not offering bank accounts ...as the bank usually charges like $50/month for that fee, but no % on the transactions...just a flat fee.