When it comes to merchant services and credit card processing, every merchant wants the very best rates. However, there’s much more to what a merchant pays for their monthly services than just one “qualified” rate. Read on to learn what to look for when determining the best credit card processing rates for your business.
Many unethical merchant services companies utilize qualified programs with hidden fees and mark-ups to charge their merchants as much as possible for credit card machine transactions. They may reel you in with an incredibly lucrative credit card processing rate of 1.2% but neglect to tell you that by signing up you are trapped in a three-year contract with a $300 termination fee. Or perhaps they tell you your rate is 1.2% and “forget” to mention the surcharges that are hidden in the fine print. Many people get burned in this way from only paying attention to the low qualified rates.
MerchantService.com announces their new ISO / Agent program for experienced merchant services sales offices and agents. The program features an exclusive, registered brand name of Merchant Service Group of “geographical area” for each ISO/Agent. “To maximize your sales success and build long term business value ISO/Agents need to market under their own unique brand name, not that of a bank, processor or ISO. Our program is based on them doing so”, says Gino Kauzlarich, President of MerchantService.com Inc.
Benefits of the program include highly competitive pricing, best of breed technology, expert sales and technical support, lucrative commissions and residual income, professional training, wealth of marketing materials, marketing co-op programs, and a lead generation program to drive new business opportunities to the ISO / Agents.
MerchantService.com, a leading provider of merchant account services, is pleased to announce they have released a new article on their website titled “PCI DSS Compliance Mandatory for Credit Card Merchant Accounts.” The article focuses on the required compliance to Payment Card Industry Data Security Standards (PCI DSS) for all merchant account holders, the potential penalties and fines caused by non-compliant credit card processing, and some important guidelines for meeting PCI DSS regulations.
PCI DSS stands for Payment Card Industry Data Security Standards. The rigorous application of these merchant account standards ensures that credit card merchant account holders are in compliance with industry standards for financial data security and is a key component of maintaining customer financial security. Every business that accepts credit cards must be PCI DSS compliant, as it is a requirement from the Payment Card Industry Security Standards Council (PCISSC).
PCISSC Oversight and Certification for Merchant Account Holders
The PCISSC, or PCI council, was originally formed with American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International in September of 2006. The purpose of the council is to manage PCI DSS with the goal of monitoring merchant account holders and credit card processing. The PCI council claims to be independent of each of the PCI council founding firms.
The PCI council created the PCI Data Security Standards, which consist of 12 significant requirements, including numerous sub-directives that must be adhered to in order for processors of credit card machine transactions to gain a compliance certification and a merchant account listing on the PCI Standards Council website. These standards prevent fraud, hacking, and other security threats. Read More…
MerchantService.com, a leading provider of merchant account services, is pleased to announce they have released a new article on their site titled “Credit Card Processing Equipment Critical for Pleasing Customers, Maximizing Bottom Line Profits.” The article focuses on the many benefits of credit card processing and the reasons why it’s essential that merchants of all size have a credit card machine.