FAQ
What fees are associated with credit card processing?
Credit card processing fees typically include interchange fees (set by card networks), assessment fees, and the processor’s markup. It’s essential to understand the fee structure, including any additional charges for services like chargebacks or terminal rentals.
Are there different types of credit card processing solutions?
Yes, there are various solutions, including traditional merchant accounts, payment service providers, and mobile processing options. We proudly offer multiple solutions, including cash discounting, true cost pricing, month-to-month plans, and our featured PaaS™ program. The best solution depends on factors like business size, industry, and transaction volume.
Can businesses negotiate credit card processing fees?
We create tailor-made financial processing solutions for businesses. This allows you to discuss specific elements of the fee structure, particularly for larger or high-volume merchants. Inquire about our offerings when engaging in discussions with the payment processor to explore a mutually advantageous arrangement.
Is it necessary to sign a long-term contract for credit card processing?
Contract terms vary among providers. We offer flexible month to month agreements or contracts customized for your business for up to five years of engagement. When choosing a provider, it is important to review contract terms, including any termination fees, before making a decision.