{"id":4379,"date":"2017-05-31T11:23:37","date_gmt":"2017-05-31T15:23:37","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=4379"},"modified":"2023-04-07T12:13:46","modified_gmt":"2023-04-07T16:13:46","slug":"lease-or-not-to-lease","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/lease-or-not-to-lease\/","title":{"rendered":"Lease or Not to Lease"},"content":{"rendered":"<p>If you\u2019re a retail business you\u2019re going to need a credit card terminal to accept credit cards, and if you have multiple locations; you might need more than one terminal.<\/p>\n<p>Obtaining terminals for your business with multiple locations can be expensive. Because of this, some merchants used leasing arrangements which they think that monthly leasing fee might seem like a bargain compared to the cost of buying a terminal.<\/p>\n<p><strong>One provision of the lease is: Non-Cancelable Lease &nbsp;<\/strong><\/p>\n<p>Leases commonly have a 48-month (four-year) term, and a clause that makes the lease completely&nbsp;<strong>non-cancelable<\/strong>.<\/p>\n<p>They also have a purchase option at the end of the lease. You must exercise your option to end the lease.<\/p>\n<p>In a non-cancelable provision, they\u2019ll keep deducting monthly leasing fees from your account regardless of anything, or an immediate payment of all remaining months of your contract if you break your lease.<\/p>\n<p>In addition to monthly leasing fee, you\u2019ll also pay sales tax and a monthly equipment insurance fee; while you can purchase it for as low as $150-$200.<\/p>\n<p>Beware of free terminal offers, other providers will offer a free terminal, but they also charge higher monthly fees if you elect the free terminal. <strong>So the terminal isn\u2019t really FREE. <\/strong><\/p>\n<p><strong>For Electronic Payment Set Up Call now 888-996-2273 or go to <a href=\"https:\/\/www.nationaltransaction.com\/Apply-For-Merchant-Account.html\">NationalTransaction.Com&nbsp; <\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re a retail business you\u2019re going to need a credit card terminal to accept credit cards, and if you<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/lease-or-not-to-lease\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":4384,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,50],"tags":[21,151,222,27,130],"class_list":["post-4379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","category-electronic-payments-2","tag-credit-card-2","tag-electronic-payment","tag-merchants-2","tag-payment","tag-terminal"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=4379"}],"version-history":[{"count":2,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4379\/revisions"}],"predecessor-version":[{"id":4926,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4379\/revisions\/4926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/4384"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=4379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=4379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=4379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}