Before I compare want to make sure I am looking at the right one. Is it Amazon Payments?
While looking for it I ran across
this article with a long list of mobile payment options. It did not rank the services just gave basic details of each. The article is 6mths old so lots can change but found it interesting..
Yes it's Amazon payments I'm thinking about.
https://payments.amazon.com/home
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Baygirl said:
Yes it's Amazon payments I'm thinking about.
https://payments.amazon.com/home
So am I correct that all payments are done through your website? No handling of the CC at all at check in?
And the cost is 2.9% +.30 for each transaction. It says 'or lower' but all I get out of it is that it is determined on volume.
You mentioned you did not like the cost of Square (3.5% +.15) for non-swiped cards. But there is a solution to that option with Square by sending the guest an invoice through Square. You then are only charged the swiped rate of 2.75% with no additional fee.
Yes it is 1 additional step for you to do but you save .15% + .30 over the Amazon rate by going this route.
I did not see on the Amazon site how long it takes for payment to make it to your bank. Square is very clear on how soon they are sent out and they are very prompt too.
A few weeks ago they did have a glitch with their pay out and some payments did not process in their timely manor. They noticed the problem before I was even up and had sent out a blanket email apology. Payment came into my back by later that day. Still next business day but later, yet they had emailed an apology.
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