Not necessarily. The Verifone has an additional built-in jack so it can be used with an existing voice, modem or fax line. Processing a transaction will tie-up the telephone line, you will need to decide if a second telephone line is required.
After you have received your Verifone equipment, you will need to contact the Plus Account Office to schedule a time to have your reader programmed. The Plus Account Office should have your reader programmed and your business accepting the Plus Account within two to three business days.
No. Merchants cannot discriminate between cash customers and Plus Account card holders with respect to the purchase price of goods and services. Merchants cannot add any service charge, finance charge, carrying charge or other charge of any kind to the cash price of any merchandise or services sold in any transaction involving the use of the Plus Account.
All merchants accepting the Plus Account are listed on our web site with their address, telephone number, and link to their web site if applicable. The Plus Account Office will also run ads in the Kentucky Kernel, and have brochures available. The Plus Account Office will provide window clings and posters for businesses accepting the Plus Account.
Beyond the windows clings or other promotional materials provided by the Plus Account Office, your business can advertise that you accept the UK Plus Account or the University of Kentucky Plus Account. However, you cannot use any University of Kentucky trademarked logos, which includes athletic logos.
The Verifone readers have a report that is used for reconciliation built into the programming. The report is different than a report for credit cards. This report will only give a total of all transactions since the last time the reader was reconciled.
You will be trained on all aspects of the reader upon installation.