Low flat fee, no hidden fees
Amazon Local Register is designed with simplification in mind. There is one set low rate of 2.5% for swiped cards and 2.75% for manually entered information (manually keyed transactions cost a premium because there is a higher rate of fraud and identity theft when the cardholder is not present). Foreign credit cards are not charged a premium. And tight-margin businesses will like that there are no fees for refunds or chargebacks.
Compared to PayPal Here and Square, Amazon Local Register offers competitive rates. PayPal Here and Square charge 2.75% on swiped transactions from Visa, Mastercard, Discover and American Express. Manually entered transactions are charged 3.5% plus a 15 cents fee for each transaction. These are the fees for US cards. PayPal Here charges an additional 1% fee on foreign credit cards.
There are no hidden fees and no administrative, transfer or chargeback fees. The lack of fixed fees makes this card reader a great choice for small businesses or even individuals who want to accept credit cards at youth ball games, yard sales or other business ventures.
The upfront cost of the reader is only $10. Amazon offers a promotional credit of $10 for the first transactions to cover the cost of the reader, making it essentially free.