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.

 

First things first, what is a qualified rate? There are numerous types of pricing methods that can be implemented when it comes to determining what you pay for your merchant services, but a qualified rate is one main rate that may overshadow more unfavorable fees. Just like the headlining band or singer at a club, let’s say in this example that it’s Lady Gaga, the headlining rate is big and bold and meant to catch your attention. You may really want to go see Lady Gaga, so you won’t notice that her supporting acts are Nickelback and Creed (not that there’s anything wrong with bands, they just may not have the same fans as Lady Gaga). In much the same way, a qualified rate may be super low, making you less inclined to notice other fees or terms of use.

 

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.

 

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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.
 

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Sarasota, FL – April 11, 2011

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.
 

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