How to rid credit card processing fees - PowerPoint PPT Presentation

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How to rid credit card processing fees

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Merchant Credit card company will charge you for every transaction, So in this detailed about how to get rid of credit card processing fees and charge free – PowerPoint PPT presentation

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Title: How to rid credit card processing fees


1
How Do I Get Rid of My Credit Card Processing
Fees ?
2
Credit Card Processing Fees
If you are a merchant, Credit Card payment
processing companies will charge you a fee of
approximately 5 on every transaction that your
customers make using their credit card. 
As the payment processing companies are third
party companies they also take a particular
amount from the bank as fees. Apart from
negotiating with the companies , there are other
ways you can get rid of your Credit Card
Processing Fees. 
Call 1 (855)-345-0400
3
Choose Cash Over Card
  • Try to encourage your customers to use cash
    instead of their credit cards. In case they do
    not have cash, accept debit card payments, but
    try to discourage the use of credit cards. In
    case your customers still use credit cards a lot,
    you have an option to charge them a convenience
    fee. You can set up a fixed rate for using a
    credit card. This way your customers would rather
    choose the option of cash or their debit card.

Call 1 (855)-345-0400
4
Choose The Right Company
  • Make sure that you have done a lot of research
    before going ahead and choosing a company to do
    business with. Check which company is giving you
    a better service at minimal fee charged. There
    are some companies who do not charge any fee if
    your savings are less, but would charge you an
    annual or monthly fee instead. Choose the company
    that is ready to negotiate on the fees and has
    great customer reviews.
  • The company should also be well known and have a
    customer support to help you as and when
    required. There are companies that also provide
    you Credit Card Terminals absolutely free or on
    rent so that you could invest more on your
    business.

Call 1 (855)-345-0400
5
Beware of Fraud Risk
  • If there is a fraud risk associated with your
    terminal you will end up paying a fee much higher
    than normal. You have to make sure that
    information you give your Credit Card Payment
    Processing Company is absolutely correct in every
    way. Try to swipe the customers card instead of
    using chip or inserting option.
  • One other very important thing in case the
    customer does not have a credit card handy, or if
    swiping is not working and you have to manually
    enter the details you should ask the customer to
    answer some security questions to validate the
    transaction. This will ensure proper security and
    also would win the faith of customers.

Call 1 (855)-345-0400
6
Get To The Source And Choose The Right Card
  • You can directly get in touch with the bank that
    puts through transactions. Instead of involving a
    third party processing company, you can save a
    lot if the bank agrees to do business with you.
  • A small town bank will never agree to this it is
    only the big banks that are in the business for
    this. Also, when the customer wants to pay using
    credit card always ask the customer if they have
    the card that charges you lesser processing fees.

Call 1 (855)-345-0400
7
Other Offers On Credit Cards
  • Free credit Card Processing
  • Save Money on Credit Card Processing Bill
  • Zero Fee Processing For Credit and Debit Card
  • Surcharge Credit Card Processing Fees

Call 1 (855)-345-0400
8
Thanks!
  • Email Id sales_at_swipe4free.com
  • Website www.swipe4free.com
  • Phone 1 (855)-345-0400
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