There is an upfront software purchase. Then either call or fax the transaction information to ECHO, depending upon which service you choose. Transactions are deposited into your merchant account with 24 to 48 hours. We've found that most merchants progress to a higher-end credit card system before then. There is an upfront software purchase fee.
Terminals are easy to use.
You may be able to use the equipment that you already have in place. If you are already taking credit cards, we might be able to save you money by offering you a better rate and pass-through fee than what you are receiving now. If you do not have compatible equipment in place, there will be the purchase cost of the equipment needed to perform the transactions. There is also a low pass-through fee and percentage rate that will be quoted to you once you apply. In order to determine whether or not the ECHO program would suit your business, click on the link below to find out what types of merchants are acceptable to their underwriters.