Many small company owners are hesitant to accept credit cards since they’re afraid most of the fees and equipment costs, but fees are not the thing to consider when you’re buying payment processor.
First, look at the kind of company you want to work with. There are banks offering services that enable you to accept credit cards 소액결제 현금화, as well as independent sales organizations and, sometimes, the bank card company itself.
The advantage of working with the exact same bank that has your other business accounts is that it’s easier for you to handle, and there might be someone local who you can call if you have problems.
On the other hand, independent sales organizations have significantly more experience and are sometimes more flexible in the types of businesses they will work with.
When you’re shopping around and learning about the various packages that payment processing companies provide, below are a few things you should pay attention to:
*Reliability: Does the network have lots of downtime? What are the results once the network goes down? What kind of customer support structure do they’ve in place? Can there be someone you can call 24/7?
*Products: What different kinds of payment processing products are available? Can they help you choose what’s right for you personally?
*Extras: Does this technique also process electronic gift cards, electronic checks or other types of payment?
The greatest factor that a lot of people use to choose the merchant account company they wish to choose, however, could be the price. There are many different fees related to accepting credit cards, including an application fee, the discount rate (a percentage of every sale), transaction fees and fees for sales made within the Internet or the phone.
Additionally, there are fees for statements, for not meeting the absolute minimum quantity of sales and for just about any returns or refunds you process.
Look carefully at all of the different kinds of fees each company collects and what the rate is. If you’re expecting people to produce lots of small purchases with credit cards at your organization, you may look for the company with the lowest transaction fee. If on the other hand your bank card payments is likely to be high, you may be more thinking about less discount rate. It all depends on which your priorities are.
A final thing you’ll wish to consider whenever choosing a payment processing system is what if any costs you will incur from renting or buying equipment. Some companies offer free equipment for bank card processing, which may be a large positive that reduces your up-front costs.