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When choosing a credit card acceptance provider (merchant), do you usually have to buy the equpment?

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Question by ThePrincess!: When choosing a credit card acceptance provider (merchant), do you usually have to buy the equpment?
I am in the process of buying an existing retail store. The current owner is trying to get me to buy the current credit card machine. I was under the assumption that when you signed up with a credit card acceptance company, they provided the machine at no charge… am I right? She is trying to get me to pay $ 400 for this credit card swiper.

Please no answers like “you don’t know anything about business if you are asking such a stupid question, why are you buying one”…. this is just a simple question that is a small part of the grand scheme of buying this business..

Best answer:

Answer by Mark
There’s competition everywhere. Call another banka nd see what they offer. 3 competitors=good research

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