We used our processing volume to negotiate a special rate with a boutique merchant provider that we think is the best balance between friendly terms and low rates.
Who and What
Vantiv (formerly Mercury), the third largest processors in the United States. They specialize in software integrations like ours, and rely on distribution through Point of Sale software collaborations. They have geared their offering to be ultra-competitive for what we are trying to provide to our users because of this business model alignment
With this integration we will finally be providing a fully encrypted end to end solution. In all of our credit card integrations we never store any credit card information, but with Mercury, the encryption happens on the card readers themselves and we only pass fully encrypted data to Mercury. This is the most secure way to do online credit card processing.
|Environment||Name||Card Type(s)||Interface(s)||Estimated Price||Link|
|Mobile App||IDTech Shuttle||Magnetic Swipe||headphone jack||$75.00||MUST REQUEST MERCURY KEY: JR's POS Depot|
|Windows/Mac||Magtek USB card reader||Magnetic Swipe||USB||$70.00||Contact Vantiv to order: 800.846.4472|
|Table Top Terminal||Dejavoo Z11 (wired)||Magnetic Swipe, EMV(Chip), Apple Pay||Ethernet||$299.00||Contact Vantiv to order: 800.846.4472 firstname.lastname@example.org|
|Table Top Terminal||Dejavoo Z9 WIFI (wireless)||Magnetic Swipe, EMV(Chip), Apple Pay||WiFi||$380.00||Contact Vantiv to order: 800.846.4472 email@example.com|
***Note: You Need to Specify Vantiv(Mercury) as the Key When Ordering the Mobile Card Swiper***
iOS Card Swiper Encryption
***Note 2: If you already have a reader you are using with someone other than Vantiv/Mercury, you cannot use it. They have to be keyed from the distributor. ***
What is Supported
Once you are setup with Vantiv, all payment functionality in the app will work -- plus you can swipe in the iOS app!
- Card Swiping and keyed entry (manual typing of cards)
- Storing cards for future use
- Voids and Refunds
- Mobile App Swiping (keyed entry coming soon)
- Apple Pay
- Net Effective Processing Rates: 2.69% or less for all transactions!
- You may see the charges split into multiple categories, that appear like multiple fees, but they are committing to your total fees being at or less than 2.69%
- No contract term (month to month)
- No monthly fees/minimums
The signup link will be available to you within the App Center if the offer is available to you. It is for Account payers in USA.
Technical Setup Documentation Here