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not worth it imo.
you dont have the volume to justify a merchant account. if you have 100 customers paying couple hundred every mo. then i can see it. moneris needs financial statments before they give you a merchant account, and your bank needs financial statments if u want to open up a business pos account.
here is a simple cost break-down assuming you get $200/mo.
+Sale 200
-bank account fee 75 (includes pos terminal rental , gst, and business account )
- moneries processing fee 10 ( im assuming its 5% - the place i work at we get charged 3.25 % for visa and similar amount for mc, and we are an online ticketing company, and process about 1700-2100 trxns per mo...)
- taxes 36 (assuming you pay 18% tax - correct me if im wrong but thats the lowest tax bracket i think ) - cuz there's a continuous paper trail...
= take home = 79
not really worth it as you can see....
just get your customers to pay you in check or CASH?
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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