Valhalla Business Solutions - Business Management Consultants
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Monday, August 24, 2009
Paying too much for Credit Card Processing- 3 Ways to Know
1) Excessive Fees
- Fixed Fees- your processor may often charge an annual fee, account maintenance fee, statement fee and so on. Many of those fees can be avoided
- If your item charge excedes $.10 it maybe worth switching your processor on this item alone
- This is the most misleading piece of your statement, you should see a variety of charges. Have a professional you trust review what you are paying, often this number can be really good, however they make up for it in fixed fees.
Labels: credit cards, processing, Saving money, small business
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