Local and National Campgrounds Paying Too Much for Merchant Services

June 25, 2014 - PRLog -- In late 2013, Targeted Merchant Solutions performed an analysis for some of the largest campgrounds and RV Resorts in North America in regards to their merchant service costs.  From the seven resorts reviewed, it was determined that campgrounds are being severely overcharged.  In some cases rates to process transactions exceeded four percent.  On average Targeted Merchant Solutions was able to save these campgrounds 2.1% as well as offer consulting services for PCI compliance, EMV compatibility, and even local marketing.

“I was shocked when each statement review showed such substantial savings,” says Paisley Downing, Analyst II for Targeted Merchant Solutions.  “While many business owners push to find lower rates and a better experience, it seems that the camping/RV industry feels like their current rates are the best they can get.  In turn, they are missing out on a consultative relationship from a merchant service provider and spending far too much money.”

On top of high rates, Targeted Merchant Solutions determined that campgrounds are paying for all sorts of fees like non-PCI Compliance fees, monthly maintenance fees, and terminal fees, which are unnecessary.  “The problem is that owners do not realize these are avoidable fees,” Paisley states.  “In the statement analysis Targeted Merchant Solutions offered solutions to these fees, not more fees”—something many owners had not seen before.

“We switched our credit card processor to Targeted Merchant Solutions over a year ago and have enjoyed not only excellent customer service, but also lower service fees. I would recommend Targeted Merchant Solutions for all your credit card needs,” Tim Carlson President of TLC Wolf River Resort.

The overall analysis was only the beginning for Targeted Merchant Solutions.  Paisley adds, “It gives me pride to say that all of the campgrounds and RV resorts that we reviewed in the initial phase of analysis are happy Targeted Merchant Solutions partners.  We are continuing the efforts in the camping industry to ensure that owners are not being overcharged, and that means more analysis and more savings.”

Is the camping industry stuck in a rut when it comes to merchant services and credit card processing?  The findings of the analysis performed by Targeted Merchant Solutions would suggest that it is and proves that there are significant savings out there for campground and RV resorts.