Similar to the way a mobile carrier will sell handsets at a discounted price, subsidized by the service contract, we're offering the Cashbox, PayStand and PayFrame at as much as 50% off to customers who sign a 12-month contract to provide their Credit & Debit card processing service.
So if you have perused the Cashbox or Paystand and were wondering why there is such a big difference in the price between the Happy Owl Payment Processing Solutions rate and those for Square and Paypal, we hope this explains it. When we began our business, part of our mission was to create quality products at an affordable price, so we are offering this option to continue that mission and put good design and ethical business practices within reach of more people.
Annnnnd… In even better news our rates are super competitive. We've learned a ton about merchant agreements and fee schedules while setting up this new service. And since our primary business isn't selling merchant services, we aren't in it to "up sell" you or confuse you with double-talk and say-one-rate-but-mean-another shenanigans. So far, we have been able to offer a lower rate to everyone we have worked with. We promise to say it simply and to help you find the best fit for the nuances of your business. We have another blog post coming soon that goes into all the rate stuff in detail.