Miles or Points for Merchant Processing (my biz CC machine)?

Discussion in 'General Discussion | Miles/Points' started by AbeFrohman, Mar 2, 2013.  |  Print Topic

  1. AbeFrohman

    AbeFrohman Member

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    Hey There-

    Just curious if anyone knows of an credit card processors that offer any type of miles or points for using their merchant processing solution. In other words, a way to earn miles every time I process someone's credit card as payment for my services.

    Thanks!!
     
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  2. skyvan

    skyvan Gold Member

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    Interesting idea, not sure it exists but if so that would be an amazing way to liquidate gift cards!
     
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  3. Boraxo

    Boraxo Silver Member

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    Citi used to offer AA miles for processing but of course you pay 3% minimum so only really useful if your already have payments to process. There are less costly processors.
     
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  4. Mapsmith
    Original Member

    Mapsmith Gold Member

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    I once received information from AA about using Citi for processing my Credit Cards. But the costs seemed extremely high for the service. Seems like it was 3+% for each swipe and only 10 miles per $100 of processing. Seemed like it could be a good way to get some miles but it also seemed like a real rip-off from a business standpoint.

    Now if I only processed one or two $10,000 to $1,000,000 sales per month it might be worth a plunge. But not for the pittance in miles that I might get from my retail store.
     

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