Charge Card Payment-Lowering Processing Fees, Increase Revenues

Lowering credit card transaction fees merely requires a free analysis at to compare what you are currently being charged and the savings available. The type of card used also dictates the cost that a business incurs.
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Nov. 21, 2012 - PRLog -- Charge Card Payment-Lowering Processing Fees, Increase Revenues

By Scott Einiger
Copyright 2012.  All Media Rights Reserved.

Nearly one in three payments made by US consumers are made by charge cards -either credit,  debit or pre-paid. American Express, Visa, Mastercard, are just a few examples of the types of credit cards vendors may accept payment from.   Such credit  card payment methods have varying  fees which can be immediately lowered by reviewing the transactional processing fees being charged and thereby increasing  bottom line profits.  Working with the best merchant processing services requires transparent pricing.  

Finding the best merchant processing services simply takes a little work and  education.  It's 100% guaranteed savings at and its simple to obtain. You can help your own companies bottom line or become a subagent,  referring other businesses to receive substantial savings and sharing a residual fee.

Knowing which company is processing your credit card payments is essential to ensure quality and savings.  As an example First Data, a Fortune 50 company handles merchant processing for  almost 70% of the credit card transactions in the country.  Do you know who your merchant processing company is associated with?

Seeking a free cost analysis of your current credit card processing charges by a credible company that offers such review service at no cost, see, is an easy way that can teach a business owner/vendor simple ways to ensure cost efficiencies in accepting card payment and at the same time increase their own profits.  Sometimes the best solutions are the simplest.

Basically any company whether a large public company or smaller privately held business like a local pizzeria or corner candy store, can save money on their transaction processing fees.   If a company accepts payment by charge card, anywhere in the country  the first step is simply educating itself on the types of cards used for payment and understanding the transaction costs associated with each of those cards.  Then a business  owner can set up their transactions in an efficient cost effective manner and negotiate to lower cost their transaction fees with their merchant processing company.  

Many ISO (independent service organization), - a firm or organization that offers to process the credit or other charge card payments for a transaction fee, will receive their payment above the bank or discount rate that is set. The bank or discount rate is the percentage the bank charges as per American Express, Visa or MasterCard for example.

All banks are required to have at least three rate structures for credit  card processing: 1) retail face to face processing are usually the lowest, 2) phone, mail and Internet rates and 3) imprinted or phone authorized rates.  Depending on the type of charge card, used their are different transactional  costs applied. It is very important for each business to correctly classify  the way it accepts charge card payment to achieve the best rate structure.  Whether through sophisticated online credit card payments or through swiping a credit card machine, this analysis is critical to obtain the best pricing.

When working with ISO, businesses need to understand that the rates set are variable.  One way to obtain preferred pricing is to work with a company known for steep discounting because their business model is based on lower profit per business while doing business on a volume basis.  As an example some ISO's are endorsed by large Associations and Societies providing  extra value for organizations with 1000's of members.  Value added  benefits and preferred pricing is available as provided by

When selecting your merchant processing company or when seeking  to understand your current credit card transactional cost structure, it is important to receive a line by line transparent analysis of the true costs being charged.  Being an educated business owner whether generating millions of dollars or hundreds of thousands of dollars per year will ensure you receive fair pricing and ultimately more profit.

For information about lowering your business transactional costs contact or visit
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Tags:Charge Cards, Credit Cards, Best Merchant Services, Card Services
Industry:Accounting, Business
Location:Suffern - New York - United States
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