Credit card processing can be a tricky if not overwhelming experience for merchants. The merchant services industry is ever changing as well and for a business its hard to keep up with how that directly effects your bottom line.
Here are five tips for small business regarding credit card processing.
Know your merchant account statements. If you do not understand what you are receiving , ask you processor or better yet, give us a call and we can help.
Always look for hidden fees and credit card charges on your account. These can range from membership fees to support fees. Total-Apps has none of these and we can offer a free cost analysis for your exisiting merchant account to find any.
Understand that different cards have different discount rates. Agents typically quote the lowest rate possible knowing its actually only a small part of your business. Again our free merchant account analysis can help show you the savings and advantages by being a customer of Total-Apps.
Avoid credit card terminal leases if at all possible. Total-Apps has wholesale pricing on our terminals. We do not recommend spending 4 to 5 times the price of the equipment in a lease. Buying the credit card terminal upfront is the best way to save money in the long run.
Make sure your credit card processing solution can help grow your company. You are looking for a strategic partner, not just a bill.Total-Apps can help with everything from web design, optimization, advertising, customer service, fulfillment and real time support. If your current provider isn’t picking up the phone and checking on you, then it’s probably time to switch.
To learn more about our services and see if you are getting a fair deal contact one of our merchant account specialists. They will talk to you with no obligation and see where you are at, what we can do to help, and plan a long term growth goal for your company.