Sarasota, FL – July 1st, 2011 – MerchantService.com, a leading provider of low-rate merchant services and credit card processing, is pleased to debut a new video on YouTube demonstrating the multitude of benefits that merchants receive when they choose MerchantService.com for their credit card processing needs.
Brief and to the point, the video explains everything a merchant needs to know about signing up for merchant services and receiving the lowest possible rates when accepting electronic payments via credit card machine in just one minute and twelve seconds.
“Nobody wants to sit around watching a ten minute video online. Just like Merchantservice.com provides the fastest and easiest way to start processing credit card transactions in your business or on your website, we provide a fast and easy way to learn more information on YouTube,” said Gino Kauzlarich, co-founder and owner of merchant services provider, MerchantService.com. Read More…
Would you like to receive the lowest possible rates on credit card processing for your store or website? Who wouldn’t? By carefully shopping for the best merchant services provider, you can ensure you’re always receiving the lowest possible rates when accepting electronic payments. Read on to learn the dos and don’ts of finding a credit card processing provider.
Do: Find the Most Competitive Pricing Program
With so many options for instant merchant services online, you can be picky when looking for a credit card processing provider. Before you start looking, decide what you want for your store or website. Do you need a wireless credit card machine? Do you need devoted customer service – without the automated recording every time you call? Once you have decided on your main decision points, start looking at different pricing programs. A good credit card services provider should have no problem showing you the savings you’ll experience with their company versus other processors.
Don’t: Pay Higher Rates than You Were Promised
It’s not unusual for a merchant service provider to quote you one price or rate, and then gradually increase your rates. They may not think you’ll notice, or maybe you’re locked into a contract. Read about the company’s track record and what their clients are saying about them. Are merchants happy with this service? Can the company honestly say they haven’t raised their rates from year to year? Read More…
One of the most frustrating things imaginable to businesses who utilize merchant services is when they are faced with paying a higher percentage rate on their credit card machine use than was advertised or promised. At best, this is misleading. At worst, this is a common industry bait and switch pricing tactic. Why is it that so many merchant services providers charge more than the rate promised?
The Steadily Upwards Creeping Introductory Rate
Many times, banks and merchant services providers quote a low introductory rate to make the initial sale with businesses, only to turn around and slightly increase rates again and again, month after month, year after year. These providers hope that either their merchants will not notice, or will not be bothered to change services once they’ve already signed up for one. This is a common occurrence, and many businesses have been victimized by this coercive business practice.
What to Do?
What can you do about it? Well to start, if you have been with the same merchant services provider for a few years and have noticed your prices slowly creeping up, you should contact a reputable merchant services provider and have them perform an account analysis on your most recent statement. They should be able to identify where you have been overpaying, or where your current provider’s policies have put you at a disadvantage, and should be able to help bring more bottom-line profits back to your table. It doesn’t cost anything, and you could save hundreds of dollars a year! Read More…
MerchantService.com announced today their online merchant services quote generator which completely changes the way businesses shop online for credit card processing solutions. Much like auto insurance companies, business owners now have the ability to fill out a simple form and receive an instant quote for a new merchant account.
“You can receive an instant online quote in as little as 1 minute and an on-line application is there for you to complete. Just print it out, sign and fax in. We’ll call you back to cross the T’s and dot the I’s, so you can start increasing your bottom line profits immediately. It’s as simple as that,” said Gino Kauzlarich, president of MerchantService.com, Inc.
The program offers Interchange Pass Through (IPT) pricing to all businesses regardless of their size or credit card processing volume. A merchant account that uses an Interchange Pass Through pricing method applies processing fees by adding a small percentage to the actual interchange (Wholesale) rate for every transaction and all dues and assessments are passed through directly at cost. This ensures that a merchant only pays the wholesale rate in addition to a small mark-up that goes to their merchant service provider.
“Because it is a true IPT program, 100% of the Durbin Amendment cost savings will accrue to our merchant’s benefit. Our merchant’s will be free to keep the savings, or pass them on to their customers,” said Kauzlarich.
While there are many merchant service websites that offer basic quotes for a few business types like: Retail, Mail Order, Telephone Order or Internet. MerchantService.com is the first to offer instant online quotes for all major business types, not only taking into consideration acceptance method but processing volume, business type, average ticket and longevity.
In addition to being a valuable resource when comparing pricing online, the quote generator is designed to be very user friendly. Merchant can also utilize this tool to review their existing rates since at least twice a year (generally every April and October), Visa and MasterCard re-assess their processes, regulations and fees then announce rate changes and new fees. Many times existing providers will layer on additional rate increases above the Interchange adjustments.
Established in 1995, MerchantService.com provides leading edge credit card machine and business management solutions proven to increase total sales, accelerate cash flow, improve efficiency and reduce expense. MerchantService.com also features the most economical merchant services pricing program, Interchange Pass Through, for all merchants, and has not raised their markup rates over interchange in 15 years of operations.
Sarasota, FL – June 14, 2011 – MerchantService.com, a leading provider of credit card processing, is pleased to announce they have released a new article on their site titled “Mobile Credit Card Processing Merchant Services.” The article focuses on the benefits of owning a wireless credit card machine, the benefits of having a portable instant swiping machine, and affirms the importance of great customer service for merchant services providers.
“At MerchantService.com, we recognize that not all transactions take place in a store, or even in a building necessarily. Customers require flexibility from their merchant services providers in the ability to accept payments. They don’t want to be tethered to a physical location and landline,” said Gino Kauzlarich co-founder and owner of merchant services provider, MerchantService.com.
The advent of mobile-enabled credit card machines has enabled somewhat of a revolution in the ability to accept payments from anywhere, at any time. Merchant services are crossing new technological boundaries. Read More…