Checks / ATM Debit Cards
CHECK DEBIT BENEFITS FOR MERCHANTS
Our Message is Simple...
With Global’s National Debit program you can accept debit cards from 14 of the country’s largest regional and national debit networks.
| FACT: |
Banks are making hundreds of million dollars from merchants who don’t understand that they are accepting Check Debit/ATM cards and being charged a standard Visa/MasterCard discount rate plus transactions fees on each ATM/Check Debit Card. |
| FACT: |
Consumers love Check Debit/ATM cards because they are convenient. Most retail establishments accept them because they do require a pin pad. Consumers can pay with plastic without incurring the interest charges associated with credit cards. |
| FACT: |
A Debit transaction is the only guaranteed and secured form of payment for a merchant. Checks can bounce. Cash can be counterfeit and credit cards can be charged back. |
| FACT: |
A Check Debit/ATM debit transaction is typically the least
inexpensive form of payment a merchant can accept. |
|
Example:
$75.00 Transaction
Your Credit Card bank or processor is charging you 1.85%
plus .25 cent per transaction = Totaling $1.64 per transaction
With GMS National Debit Program you will only be charged:
One flat transaction fee
