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merchant services, length of contract

castlewhite · 2011-09-13 14:19:55

looking at instaling credit card machine, have got quotes from AIB and Elavon. Elavon at first read looked cheaper but a few extra details in small print points toward AIB being best overall. One problem I have with AIB is length of hire term for the actual machine. They have a 4 year minimum period. It seems very…

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13-09-2011 3:19pm

#1

castlewhite

Registered Users Posts: 52 ✭✭

Join Date: January 2009

Posts: 38

looking at instaling credit card machine, have got quotes from AIB and Elavon. Elavon at first read looked cheaper but a few extra details in small print points toward AIB being best overall. One problem I have with AIB is length of hire term for the actual machine. They have a 4 year minimum period. It seems very excessive for a small machine (probarly obselete in a couple of years). Is this normal?

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#2 13-09-2011 4:44pm
TheCostumeShop.ie: Ronan

Company Representative Posts: 1,740 ✭✭✭

Join Date: September 2008

Posts: 1651

Give that 90% of businesses don't survive the first year, I'm not sure how enforceable / fair this is. It's probably negotiable.

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