To save in today’s economy, merchants may consider using their aging payment equipment instead of purchasing new equipment. While this can save purchasing costs, relying on outdated equipment may cause these merchants to be noncompliant with card association and governmental requirements.
TerminalTech offers cost-effective lease options that allow merchants to:
- Obtain newer, more secure equipment at a lower cost compared to purchasing
- Comply with new equipment regulations while saving money
- Increase revenue
With our leasing program, you pay low monthly installments and have an option to own the equipment at the end of the lease period. Leasing packages are available with terms from one to four years, and monthly rates are based on your credit score.
New terminals come standard with a one-year manufacturer’s warranty, improved security features, faster speeds, and improved functionality options, including forward compliance with the latest card association requirements for chip-enabled payment cards.
Merchants that lease equipment may also increase their cash flow since there are no up-front purchase costs, and they can take advantage of tax benefits through equipment cost write offs.