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03-30-2017, 11:27 AM #10
They don't need to know about interchange rates or anything else. All they have to do is say we're going to re-program your terminal so you can pay us back. Your credit cards are going to be processed by "X" company, who partner with us, until we're paid back. The process is going to be smooth and easy. if they run into issues later (equipment not compatible/locked, customers getting denied for processing due to being black listed, etc.) it's handled one step at a time.
No one said making money was easy, but it's certainly not for the weak hearted.
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