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Follow on Google News | Five Reasons to Review Your Credit Card ProcessorTop five reasons you should educate yourself about who is processing your credit card transactions. Money, money, money, money, money. Make more and pay less in transactional fees.
By: MBS Value LLC 1) More profits- No one likes to give back a portion of a dollar earned however over one third of all consumer transactions in the US result in payment from some form of credit. When you price your goods or services, the fee paid to you is impacted by how the transactional fees are taken out which can reduce profits. Most business owners aren't aware that their credit card processing fees are negotiable. Becoming an educated business owner will put more money into your pocket. Know that the Independent Service Organizations (ISO) that you work with to process the credit or other charge card payments come with a transaction fee. ISO's are paid a fee above the bank or discount rate that is set and are not uniform. The bank or discount rate is the percentage the bank charges as per American Express, Visa or MasterCard for example. Feel free to visit www.chargecardsavings.com or email us at info@chargecardsavngs.com to receive the other four reasons and to free transparent credit card processing fee analysis. We guarantee the time you spend will be worth it. On average we have saved over $ 1200 per year for business owners and oftentimes much more than this amount. End
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