Setting Up the EFT - tanTALK

glowtanning530 · 02-15-2006, 11:47 AM

Well I am thinking of offering EFT to my clients. I need some contract info. What kind of terms did you offer, did you just call your credit card company that provides your machine to set everything up? How does it work? Have their ever been any problems? Please help me! I want this to be a great thing for clients.

Deb from PA · 02-15-2006, 11:48 AM

I just posted the same topic .. our fingers must have been typing at the same time.

glowtanning530 · 02-15-2006, 01:44 PM

somebody? anybody?

glowtanning530 · 02-16-2006, 12:45 PM

Someone must have some advice for me

tanchix · 02-16-2006, 02:11 PM

We offer no contracts on the EFT's, we ask the customer for a 30 day notice to cancel. If you have computer software you can run it through there or you can manually run them through on your credit card machine.

tanchix · 02-16-2006, 02:14 PM

Only problem we have had are the customers who cancel their CC on us.

glowtanning530 · 02-16-2006, 03:04 PM

hmmmm what are the terms like so much down and how much do you decrease your monthly base unlimited

absolutestyle · 02-17-2006, 03:47 PM

Call GULF MANAGEMENT SERVICES THEY WILL EXPLAIN IT TO YOU IN FULL THEIR NUMBER IS 1-800-947-3156 ASK FOR JOHN

sunsally · 02-17-2006, 03:52 PM

There are many very good posts on this - I know we had a whole thread less than a year ago.

Angelcat has a thread today in Industry Professionals where it is also being discussed.

Having someone like Gulf Mgt handle it for you is great if you think it is going to get very large, or if you aren't good about following up on things.

We do it in house. Some salons have ONE day when they run them all (e.g. the 15th or 1st of the month) and prorate the first month to that day. We actually do them daily, by the day they sign up. Evens out the cashflow throughout the month.

Often the month unlimited is decreased to about half -- sometimes even more. Depends on your area and your competition. Some areas are as low as $18.88. I have a salon chain in my region as low as $11.99 (but not a full tan on the bed at that price), there is a chain in upstate NY that is $9.99/mo. $20ish to $30ish seems to be "typical".

glowtanning530 · 02-17-2006, 05:28 PM

ok thats sounds great. I don't think it will be that many where I couldnt' do it myself.

02-15-2006, 11:47 AM	#1 (permalink)
glowtanning530 Join Date: Jan 20 2006 Location: folding towels, cleaning beds, ordering lotions, fixing beds, etc. etc. etc. etc. etc. Age: 43 Posts: 1,219 Rep Power: 130	Setting Up the EFT Well I am thinking of offering EFT to my clients. I need some contract info. What kind of terms did you offer, did you just call your credit card company that provides your machine to set everything up? How does it work? Have their ever been any problems? Please help me! I want this to be a great thing for clients.

02-15-2006, 11:48 AM	#2 (permalink)
Deb from PA Join Date: Oct 17 2001 Location: Pennsylvania Age: 59 Posts: 155 Rep Power: 23	Re: Setting Up the EFT I just posted the same topic .. our fingers must have been typing at the same time.

02-15-2006, 01:44 PM	#3 (permalink)
glowtanning530 Join Date: Jan 20 2006 Location: folding towels, cleaning beds, ordering lotions, fixing beds, etc. etc. etc. etc. etc. Age: 43 Posts: 1,219 Rep Power: 130	Re: Setting Up the EFT somebody? anybody?

02-16-2006, 12:45 PM	#4 (permalink)
glowtanning530 Join Date: Jan 20 2006 Location: folding towels, cleaning beds, ordering lotions, fixing beds, etc. etc. etc. etc. etc. Age: 43 Posts: 1,219 Rep Power: 130	Re: Setting Up the EFT Someone must have some advice for me

02-16-2006, 02:11 PM	#5 (permalink)
tanchix Join Date: Jun 7 2005 Location: United States Age: 44 Posts: 460 Rep Power: 20	Re: Setting Up the EFT We offer no contracts on the EFT's, we ask the customer for a 30 day notice to cancel. If you have computer software you can run it through there or you can manually run them through on your credit card machine. __________________

02-16-2006, 02:14 PM	#6 (permalink)
tanchix Join Date: Jun 7 2005 Location: United States Age: 44 Posts: 460 Rep Power: 20	Re: Setting Up the EFT Only problem we have had are the customers who cancel their CC on us. __________________

02-16-2006, 03:04 PM	#7 (permalink)
glowtanning530 Join Date: Jan 20 2006 Location: folding towels, cleaning beds, ordering lotions, fixing beds, etc. etc. etc. etc. etc. Age: 43 Posts: 1,219 Rep Power: 130	Re: Setting Up the EFT hmmmm what are the terms like so much down and how much do you decrease your monthly base unlimited

02-17-2006, 03:47 PM	#8 (permalink)
absolutestyle I'm Banned Join Date: May 26 2004 Location: NASHVILLE,TN. Posts: 110 Rep Power: 0	Re: Setting Up the EFT Call GULF MANAGEMENT SERVICES THEY WILL EXPLAIN IT TO YOU IN FULL THEIR NUMBER IS 1-800-947-3156 ASK FOR JOHN

02-17-2006, 03:52 PM	#9 (permalink)
sunsally Team TanTalk Join Date: Nov 23 2004 Location: ITA Member & Berman Supporter! Posts: 3,136 Rep Power: 25	Re: Setting Up the EFT There are many very good posts on this - I know we had a whole thread less than a year ago. Angelcat has a thread today in Industry Professionals where it is also being discussed. Having someone like Gulf Mgt handle it for you is great if you think it is going to get very large, or if you aren't good about following up on things. We do it in house. Some salons have ONE day when they run them all (e.g. the 15th or 1st of the month) and prorate the first month to that day. We actually do them daily, by the day they sign up. Evens out the cashflow throughout the month. Often the month unlimited is decreased to about half -- sometimes even more. Depends on your area and your competition. Some areas are as low as $18.88. I have a salon chain in my region as low as $11.99 (but not a full tan on the bed at that price), there is a chain in upstate NY that is $9.99/mo. $20ish to $30ish seems to be "typical".

02-17-2006, 05:28 PM	#10 (permalink)
glowtanning530 Join Date: Jan 20 2006 Location: folding towels, cleaning beds, ordering lotions, fixing beds, etc. etc. etc. etc. etc. Age: 43 Posts: 1,219 Rep Power: 130	Re: Setting Up the EFT ok thats sounds great. I don't think it will be that many where I couldnt' do it myself.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)