Thursday, April 21, 2011

Why Canadian Companies Should Never Buy A Machine That Uses Flow

I probably get 4-5 new suppliers weekly contact me and ask me if I can help them get a machine they bought used flow line connected to a merchant account provider and the answer is "No, I can not. " Never buy a used machine flow in Canada, hoping to find a supplier that makes an alliance with treatment services. It does not work that way in Canada.

But the U.S. is how it works, you just buy the equipment from anywhere for a few hundred dollars and then go around your supplier in the same way you would with a cell phone provider and mobile equipment, but when it comes to debit machines and Canada - no go. No Canadian company (which I am familiar with) your equipment will be used and communicate. You must obtain from your provider directly and yes it costs much more than a few hundred dollars. Generally around $ 1000-1500 for a terminal with a good warranty.

The reason is that since most terminals have digital locks on them, even if the provider is willing to take, may not be able to get its software into the terminal because the main provider of last code in this regard. The second reason providers do not use these terminals is due to the guarantees, no guarantees on anything coming from them directly. The third is that "no" and still no money made in Canada on the sale of flow equipment leases and retail machine speed. (Which is the main engine - most likely), is likely to change at any time. I think they are usually behind U.S. standards for a decade by then, we might have a completely different way to deal with, but it is a very different position.

The moral of this story is ... If you have or start a Canadian company that requires a debit system, not to buy a stake in the second line. Make sure you get the material directly from the merchant account provider.

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