Author Question: Your friend Gail is an electrician who does repair and installation work for small businesses and ... (Read 34 times)

kshipps · **on:** Jul 7, 2018

Your friend Gail is an electrician who does repair and installation work for small businesses and homeowners. She often has customers ask her if she will accept a credit card in payment for her services, but she has been reluctant to set up a credit card payment processing system in her truck. Using your favorite search engine or the resources of your library, identify at least two companies that offer devices that could be attached to Gails smartphone to allow her to accept credit card payments. Examine the product offerings of the two companies you identify and summarize the costs and benefits in a report of about 100 words that can help Gail decide if this payment processing option would make sense for her business.

Question 2

Evan Moskowitz has formed an Internet training company called Teach-U-Comp to sell computer programming courses online. Each course costs 65, and students receive continuing education units (CEUs) based on the duration of the course and its level of difficulty. Evan expects to sell about 100 courses each month during his first few years in operation. He would like to accept credit and debit cards as payment for the courses. Evan is busy creating the online content and installing the course delivery software, so he hired you to investigate payment processing options for the site. Use your favorite search engine to identify three companies that process credit card payments for Web sites that sell downloadable digital products (such as Evans courses). Examine the processing services offered and fees charged by these three companies and choose one that you believe would be best for Teach-U-Comp. Write a 300-word report in which you summarize your findings. In the conclusion to your report, clearly state which company you would recommend to Evan and explain why.

eliasc0401 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

PayPal Here

Card reader is free when ordered through PayPal

Card Swipe, PayPal Check-in 2.70

Card Key-in or Scan 3.50 + 0.15

Invoicing - free

Check acceptance - free

Cash recording free

No long term commitment

Intuit GoPayment

Card reader free for new customers

Pay-as-you-go - 0 per month (pay per transaction)

Swipe rate - 2.75

Keyed rate - 3.75

Transaction fee - 0

Low monthly rates - 12.95 per month

Swipe rate - 1.75

Keyed rate - 2.75

Transaction fee - 0

Answer to Question 2

You may consider the following payment processors: www.authorize.net, www.cdgcommerce.com, and www.npc.net. For www.authorize.net, the offer includes: