How do you read a credit card merchant statement???

[skateboard]

The salesmen's cut is the difference in disc rates between what this women's co. gives you , and what rate you can sell your local vendors. Small fractions pay. Your local merchants might not know what to pay. FYI, Costco has best rates for small biz.

Also, there is good money in selling/renting machines. Cellular machines are attractive flea mkt vendors and trade show vendors, but benefit in discount rate from swiped cards takes big sales to pay off cellular machines.

What is the rate that the women sent you stuff is charging, find out what your local company's (vendors) are paying, and have your husband sell service, machines, as well as anything negotiable like: statement rate, per trans fees, discount percentage, programming fee (gravy). Bargain for lower of all these from women who sent you cards, training, etc.

It is a salesman's game. There is money in it.
<blockquote>
VDBT EIRF 1 14.75 14.75 2.8000 .0000 .41
VDBT CPS 574 18,496.22 32.22 2.1700 .0500 430.07
VDBT 1 3.00 3.00 2.8000 .0000 .08
MC STD 1 49.60 49.60 3.1000 .0000 1.54
MC 1223 109 3,995.95 36.66 2.1700 .0000 86.71
MC 1287 19 670.25 35.28 3.1000 .0000 20.78
MCBS 37 1,316.15 35.57 3.1000 .0000 40.80
MDBT 145 4,832.58 33.33 2.1400 .0000 103.42</blockquote>

The 2.8, 2.17, 2.8, 3.1, 2.17, 3.1, 3.1, 2.14, in the table above, all seem high, so there would be some play room for you. 2.69 and 1.69 are decent retail percentages, so you should be able to get 2.49, 1.49 from the women's company. (I have no idea what a company like this women's charg, so please do not use 2.49/1.49 as targets, but there must be margin for you)


Good luck.