So after researching several iPhone swipe providers, I settled on Intuit Go Payment a couple months ago. Big mistake. I went with them because I thought the rates were decent albeit higher than 1NP because I liked the simplicity of the application and the way it looked. I didn't think the rates were ridiculous and seemingly cheaper than square.
Oh wait, first statement finally came. This should be interesting.
Bam, an average of 3.6 percent over the last month including the monthly fee so I could get a "lower" rate for swipes. Somehow every single visa and discover transaction came in at the non qualifying 3.7% rate. For M/C 45% came in at 1.7, 45% came in at mid and 10% came in at non.
*REMEMBER THAT EVERY SINGLE REWARD CARD COMES IN AT THE NON QUALIFYING RATE 3.7%*
Now, I knew this was the case when I signed up for the account and I also knew that a relatively high percentage of people use reward cards. I was in the process of trying to get them to match rates of my previous provider, but that has proved to be a challenge to say the least. I realize there may have been a mistake in the processing since I can't imagine every one of the 57 visa cards I swiped was a reward card. The point of this post is to warn you all that there's always a catch and GO PAYMENT charges you almost the highest rate every single transaction.
BTW, I swiped every card. Needless to say, I'm currently provider free. The good news is that I won't have to pay an early termination fee, but based on this crap experience, I'm waiting for a $300.00 charge to show up on my account from some loophole. I'll keep you posted.