These are the two most common credit card terminals sold by MLS
What are the VX520 and the Pax S80?
100
A merchant pays this for a swiped transaction with an average ticket sizeof $312.00.
What is 1.70%?
100
Basic 7 things needed with every deal.
What are application, addendum, void check, money check, drivers license, statement and analysis?
100
POS types sold by Merchant Lynx Services.
What are HioPos all in one, HioPos tablet and ICG Front Retail/Restaurant?
100
# of years MLS has been in Business.
What is 23?
200
Terminal that is used in Restaurants with tip line.
What is a Pax S80?
200
Difference in rate between Square and MLS ZipRunner.
What is .75?
200
The number of signatures required on every application.
What is 5? 3 from the merchant and 2 from the sales rep.
200
Menu, Modifers, Site Survey and Cloud Agreement.
What is needed in addition to the application with a POS sale?
200
Number of deals needed monthly to maintain residual.
What is 10?
300
This equipment holds up to 10 individual accounts.
What is a VX520?
300
Moto or Keyed accounts pay this rate with an average ticket of $40.
What is 2.59% ?
300
This is never allowed on the application.
What is white out or scratch outs?
300
The item used to read the UPC labels on merchants inventory.
What is a scanner?
300
Savings, Flat Rate, No trans/batch fees, warranty & supply, backed by Wells Fargo, no downgrades, installers, local offices, next day funding and YOU.
What are the 10 reasons to do business with MLS?
400
This is the only equipment MLS sells that can be hardwired or wifi.
What is an FD 130?
400
The American Express rate for Restaurants/Internet and Moto (keyed) accounts.
What is 2.95 (+.40 System Processing Fee)?
400
Required at the bottom of page 1 when there is a lease involved.
What are the merchant initials?
400
Allows merchants to add a Clover Mini or Mobile device to their existing POS and accept EMV payments.
What is DataPoint MouseTrap?
400
Add on service that helps close the sale especially in the months before the Holidays.
What are Gift Cards?
500
These pin pads are compatible for tips in a Restaurant.
What are the SP30 or FD35?
500
The keyed in rate for Zip Runner.
What is 2.50?
500
This must be done after every lease or zip runner deal is written.
What is verify/verification call?
500
For systems that are not Datapoint compatible, this software does not directly integrate but allows for EMV transactions. The merchant still needs to close the sale on the POS themselves.
What is PayPoint?
500
Self generated leads are entered here for the call center to make your future appointments.