FlowerChat.com Preferred Merchant Account Rates
June 11, 2009 by Matthew Hunt
The specialized pricing below has come about because some members of FlowerChat.com were not happy with FTD-Flowers & Tele-Flowers association’s merchant account service arrangements. They approached our company and asked if we could pre-negotiate low merchant accounts on their behalf – we of course did! 
The preferred rates below with have no surprises nor hidden fees. It is straight forward and transparent program. Many of the members who have decided to use our services have experienced paying much less then they previously did.
You may benefit from these preferred rates as long as you are a florist in Canada – it is not exclusive to the FlowerChat.com members only.
Visa & MasterCard Preferred Discount Rates (MDR):
- Qualified: (Card Present Trans): 1.95% – Only 1.74%
- Mid-Qualified Adjustments: (Corporate Cards): 0.69% – Only 0.69%
- Non-Qualified Adjustments: (Card Not Present Trans): 1.19% – Only 0.79%
Trans Fee
- 0.15 cents per transaction – only 10 cents per trans for FlowerChat Members
Admin Fee
- Statement Fee: $10 – special $5.95
Set-up Fee
- Set-up Fee: $299 – for FC members only $50
- Application Fee: $99 - for FC members only $50
Terms
- 3 year agreement ($195 to terminate early)
- $20/month minimum processing
- Annual Membership Fee: $249 – waived for FC members
Hardware Options:
* 100% Guaranteed financing regardless of credit
Ownership Option 1 (Lease to own over 48 months)
Good Credit: $39.99/month – FC members only $29.99/month
Poor Credit: $49.99/month – FC members only $39.99/month
Ownership Option 2 (Buy out right)
$1199.00 – Only $999 for FC members
ALL POS TERMINALS COME WITH:
- Quality Customer Support 365 Days of the year
- Lifetime warranties on all Software & Hardware
- 24hr replacement POS Unit
- Free Software Upgrades
- All terminals are PCI & EMV compliant
- Deposit in any Canadian Business Bank Account
- Can implement Gift & Loyalty Card Services
- Emergency Capital Funding within 5-7 Business Days
Process to applying for Merchant Service Solutions:
- Fill-out application
- 24 hours for a Credit Check & Fraud Check
- Verbal conformation from Head Office(s)
- Set-up Merchant Accounts
- Install/Training
*Once Application is submitted it takes 5-7 Business Days for the above process to take place.
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