Many business owners are hesitant to accept credit cards because they are afraid all the fees and equipment costs, but fees are not the thing to consider when you’re looking for a payment processor.
First, think about the kind of company you want to conduct business with. There are banks offering services that permit you to accept credit cards 소액결제 현금화, as well as independent sales organizations and, sometimes, the charge card company itself.
The advantage of working together with exactly the same bank that’s your other business accounts is that it’s easier for you to cope with, and there could be someone local who you are able to call if you have problems.
On one other hand, independent sales organizations have more experience and are often more flexible in the forms of businesses they will work with.
When you’re shopping around and learning about the different packages that payment processing companies provide, below are a few things you should look closely at:
*Reliability: Does the network have lots of downtime? What are the results once the network goes down? What type of customer support structure do they’ve in position? Is there someone you are able to call 24/7?
*Products: What different varieties of payment processing products are available? Would they help you select what’s right for you personally?
*Extras: Does this system also process electronic gift cards, electronic checks or other ways of payment?
The largest factor that a lot of people use to find the merchant account company they wish to go with, however, may be the price. There are lots of different fees associated with accepting credit cards, including a software fee, the discount rate (a percentage of each sale), transaction fees and fees for sales made over the Internet or the phone.
There are also fees for statements, for not meeting the absolute minimum number of sales and for almost any returns or refunds you process.
Look carefully at all of the different varieties of fees each company collects and what the rate is. If you’re expecting people to make lots of small purchases with credit cards at your business, you might try to find the company with the best transaction fee. If on one other hand your charge card payments will soon be high, you may be more interested in a diminished discount rate. It will depend on which your priorities are.
A final thing you’ll want to consider when choosing a payment processing system is what if any costs you’ll incur from renting or buying equipment. Some companies offer free equipment for charge card processing, which can be a big positive that cuts down on your up-front costs.