NeXt : Payment Processing

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Credit Cards

NeXt credit card processing is the cheapest available processing on the market at the time of this writing. Because our pricing doesn't fluctuate. The rate you sign up for, is the rate you get. Other competitors will try and match our price, but as a limited time offer.

ROI

ROI

Beware

Other companies and banks will use strategy to get your credit card processing. An example of such a strategy is that a bank will give you a loan at a reduced rate if you bring your credit card processing. These tactics are used because there is a lot of money in credit card processing and they are going to make more money if they get your credit card processing and give you a lower interest rate loan. The NeXt Platform uses Elavon® as our backbone to VISA®, Mastercard®, Discover®, and American Express®, which Elavon is owned by U.S. Bank. At this time if you need a loan we would recommend U.S. Bank® for your business lending needs. Many companies will show you a quote, but that quote may not be gauranteed or for a limited time only.

Affordable Payment Processing

Great for small and medium sized businesses that want to save money on every transaction. We priced ourselves well below the competion, but enough for research and development, providing tools that your business may need.

  • Comes with a standard payment reader
    • Unlike other standalone readers, our payment readers allow for Gift Cards and Rewards.
    • Note: Gift Cards and Rewards are not available for mobile readers at this time
  • No pos hardware or software
  • Expect to pay roughly 2.25%
  • $10.00/month security fee
  • Requires 3 Year Contract

NeXt - Free Hardware Program

For businesses that don't want to pay the cost of hardware up front, can now choose an affordable and slightly higher cost to pay for hardware.

  • Your rates go down to : .50%, .30%
  • POS Software and Samsung tablet with hardware included
  • Expect to pay roughly 2.70% for 1st 3 years
    • Years 4, 5, and 6 : Expect to pay roughly 2.5%
    • Years 7+ : Expect to pay roughly 2.3%
  • In business for more than 2 years
  • $24.99/month security fee
  • Requires 3 Year Contract
  • Note: businesses processing $80,000+ monthly can get a 2nd POS Package for free.

NeXt - Incentive Program

The NeXt - Incentive Program puts all the power at your fingertips. Charge the customer the entire 3%, or share the cost 1% of your business & 2% from your customer. You decide how you want to split the processing costs.

  • Charge the customer of their patronage, default 3%
  • NeXt, does not recommend this package, for many reasons:
    • It raises the prices of your overall product
    • This will alienate some customers
    • Also credit card process fees can be written off by the business taxes, but the customer cannot write them off
  • If you choose to proceed with this option, you have options
    • Split the cost of processing with your customer
  • $24.99/month security fee
  • 3 Year Contract
  • Note: businesses processing $80,000+ monthly can get a 2nd POS Package for free.

NeXt Credit Card Pricing

NeXt is invested with our partnerships to help drive down the cost of credit card procesing. Running a business is hard and time consuming, you have earned your money, shouldn't you keep more of it? Because our pricing is already lowest in the industry, we don't offer introductory pricing.



NeXt Pricing - Why?

NeXt is invested to earning your business and trust. We realize switching processors is expensive, we realize the payment processing industry has dishonest people and fine print in the contracts. We want to change all of that.

NeXt High Volume Pricing

Special circumstances a business can get reduced credit card processing fees.

  • Any business(es) with 8000+ transaction per month
  • Owners who bring more than 3 different businesses
    • Multi-locations with a total of 15,000 transactions per month or more
  • Chains - small, medium, or large : McDonalds, Subway, Old Chicagos, etc.
  • Single locations processing $100,000+ per month in credit card fees.




Questions & Answers

Can NeXt platform really save us money?
Yes, most of our competitors are more expensive than we are. We offer a lot of the same tools. While we may not have all the tools as our largest competitors like SQUARE® and Toast®, we are striving towards having those tools. With NeXt we give an honest and fair rate, and we will give you a quality product and system in return.

Why does NeXt provide such low fees?

NeXt, is many years in the making. Thoroughly thought out, and designed to help businesses and their customers. We are designed from top to bottom to be efficient and reduce our resources.

We focus on our "NeXt-Free Hardware Program". We offer fair and honest pricing programs. Our prices start high like our competitors, because to send out a sales representative to introduce ourselves and put in time to bring a business to NeXt, costs on average $1950. Our initial rate is just to cover the costs of getting a new business onto NeXt, that is from Sale -> Setup -> Training Support. This covers

  • Sales rep salary
  • Setting up your POS Menus
  • New hardware to lower transition costs
  • Onsite POS setup
  • Training on the NeXt POS software
  • A follow visit to verify everything is working as intended

After the first 3 years, our rates drop to $0.07 &.5% (.005 basis points) over the processing rate, this is about 2.5%. This is the Range NeXt make's it's profit.

Starting year 7+ the rates drop again to $0.07 &.3% (.003 basis points) over the processing rate, this is about 2.3%. This range is to maintain the systems, security, cloud environment, hardware, light support needs, etc. Our profit in this range will be minimal.


Does NeXt have Standalone Card Terminals?
No, at this time NeXt does not have a standalone card terminal. We are working on a terminal using the PAX® a920

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