What factors will I consider when looking for a credit card processing company?

July 26, 2010, 2:46 am
Question
I would like to put up a store with physical address as well as an online store business. Since I will accept payments from credit cards, I need to have a credit card processing company. What factors should I consider when looking for a credit card processing company?
Answer
Do not lease credit card equipment or software it is a complete rip off. Buy it or get it for free. FREE equipment NO application fee NO start up cost NO annual fee Low or NO monthly minimum Low discount rate Low transaction fee- (batch fee it is also called) FREE training for you and all your employees. Length of time you are paid in your account. Also beware on websites that do not post their discount rates and transaction fees.And no phone numbers to call them. This is because they give different people different quotes, and don't want people to call the company.Very sneaky companies do that. I have done tons of research on this. Read ALL contracts before you sign them.Protect you and your business.Don't just go by what someone tells you. Because there are too many people out there that tell you one thing and then you sign with them.Later to find out everything they said was not true at all. So be carefull! Take your time, don't be fooled or taken advantage of. The processing company I use is Simple Payment Systems. They beat all quotes from other companies, and I never ever had a problem with them. They give you free software with a shopping cart to sell online and free credit card equipment of your choice! Best Wishes!





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