Many business owners are hesitant to just accept credit cards as they are afraid every one of the fees and equipment costs, but fees are not the only thing to consider if you are buying payment processor.
First, look at the sort of company you want to conduct business with. You can find banks that offer services that permit you to accept credit cards 소액결제 현금화 방법, as well as independent sales organizations and, sometimes, the charge card company itself.
The main advantage of dealing with the same bank that’s your other business accounts is that it’s easier for you really to cope with, and there may be someone local who you can call when you have problems.
On another hand, independent sales organizations have more experience and are sometimes more flexible in the kinds of businesses they’ll work with.
When you’re doing your research and learning about the different packages that payment processing companies provide, here are a few things you need to pay attention to:
*Reliability: Does the network have plenty of downtime? What goes on once the network decreases? What kind of customer support structure do they have set up? Can there be someone you can call 24/7?
*Products: What different types of payment processing products can be found? Would they help you decide on what’s right for you?
*Extras: Does this system also process electronic gift cards, electronic checks or other methods of payment?
The largest factor that many people use to find the merchant account company they would like to go with, however, may be the price. There are lots of different fees connected with accepting credit cards, including a software fee, the discount rate (a percentage of every sale), transaction fees and fees for sales made on the Internet or the phone.
Additionally, there are fees for statements, for not meeting a minimum quantity of sales and for any returns or refunds you process.
Look carefully at all of the different types of fees each company collects and what the rate is. If you’re expecting people to make plenty of small purchases with credit cards at your company, you may look for the company with the cheapest transaction fee. If on another hand your charge card payments will soon be high, you could be more enthusiastic about a diminished discount rate. It will depend about what your priorities are.
A final thing you’ll want to consider when selecting a payment processing system is what if any costs you’ll incur from renting or buying equipment. Some companies offer free equipment for charge card processing, which may be a large positive that reduces your up-front costs.