5 Must Ask Questions To Stick It To Your Credit Card Processor!

Corbis-42-73703215

5 Must Ask Questions To Stick It To Your Credit Card Processor!

If you are in business for yourself you’ve likely been accepting credit or debit cards, which means hiring a third-party processing firm to manage the transaction between you and the card giants.

Visa and MasterCard manage the overwhelming majority of the credit and debit card network but don’t work directly with business owners. They outsource sales and customer support to processors. Processors are also commonly known as merchant account providers or aggregators.

“The seller has more information than the buyer, so anytime you have a situation like that, it is like a used car sales lot. As a result, these aggregators are often criticized for confusing merchants with complicated payment schedules and fees. read more

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Before You Swipe and Dip: Choosing Your First Payment Processor

Before You Swipe and Dip: Choosing Your First Payment Processor

What to Look For, What to Avoid and When to Switch

Starting a business is exciting and scary, and it seems like there’s an endless amount of things to learn.

One of the most confusing topics for business owners is choosing a credit card processor: what pricing model is right, which company is the best, when should you switch to a different processor?

Whether you’re brand new to running a business or a seasoned owner stepping into the world of accepting credit cards for the first time, here’s what you need to know about choosing your first payment processor and the signs that it’s time to graduate to a new one. read more

Facebooktwittergoogle_plusredditpinterestlinkedinmail