Small Business Credit Card Processing
You're likely familiar with the following expression:
Take care of the pennies, and the dollars will take care of themselves.
Similarly, more and more entrepreneurs are discovering the real, long-term value of small technological changes in their businesses. Small changes often yield large results...
And by and large, one of the most effective ways to boost your business is by accepting credit cards. This single act has the potential - for some businesses - to incrementally increase profits right from day one. And while you may not see the additional profits on a daily basis, just take some time to compare your monthly sales statements with months where you weren't processing credit cards, and you may see some positive trends developing...
But first things first you need to find a merchant account that serves your specific needs.
The best place to start is with the Internet run a search and then choose the option that offers you the best deal in terms of price, services, and terms and conditions. The application processing is a very simple procedure and in no time, you'll be processing credit cards.
Once you have a merchant account, you will need to set up the right infrastructure to support it. This can either be purchased or leased. The minimum necessary equipment will be (i) a credit card processor, (ii) an e-check or debit processor, and (iii) a wireless processor.
Note: If you're not running a retail business, then you should consider using a phone-based processing system, such as Accept by Phone >>
Other expenses would be the set-up fees, supplies (such as paper for printing), the discount rate, transaction fees, program fees, and so on. You can see a complete list of fees that a merchant service might charge at this link: merchant account fees revealed...
Make sure that you consult the terms & conditions within the prospective merchant provider's agreement about the length of their term, the termination fees (if any), and whether or not the discount rate is fixed, as some are introductory. (The discount rate is a percentage charged on each transaction, and ranges from 1% - 10+%, depending on the type of service).
Many merchant providers don't supply their terms & conditions to the general public, so you might have to request to see them. This is more than worthwhile it could save you from spending a ton of money on hidden fees or from getting locked into a long term with a steep cancellation fee.
Regardless, once you've found and researched the perfect merchant service that works for you, processing credit cards may be the best decision you will ever make with regard to the development of your small business. Find out today about the details of getting a small business merchant account - and then set the ball rolling.
Why incur possible losses when you can start seeing newfound profits just by making one small change?
Accept by Phone costs only $5.00 per month at 3.95% per sale. You can process payments in seconds - from any touchtone phone, including your cell phone.
And that's it - NO hidden fees ever, and NO cancellation fee. Use it risk-free, as much or as little as you'd like - and process any size of payment.
Keep in mind that our one-time setup fee is only charged if your application is approved. In the unlikely event that your application is denied, then you simply won't be charged a cent.
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