How Companies Can Find Better Credit Card Processing Rates

Many businesses dislike dealing with credit card processing services, as they overpay for bank card fees and make less money as a result of high processing costs. However, credit card processing is extremely important and although bank card fees can be high through some processing companies, there are plenty of low-cost options available to merchants that want a simple way to handle credit and debit card transactions. There are also quite a few ways to bring down bank card fees and increase profits in a physical or an online store.

The best credit card processing rates go to those merchants that handle a large number of transactions each day or merchants who handle larger-than-average transactions. These types of merchants mean more money for processing companies, so they’re often awarded low rates. Businesses that do a high volume of credit card sales may be able to use their sales as leverage when negotiating with credit card processing companies. However, merchants should never lie or mislead processing companies into believing that sales will be unreasonably high, as most credit card processing companies charge penalties to companies that don’t give a fair estimate of their monthly or weekly sales. The best tactic is to be honest and to submit a reasonable estimate of sales when comparing bank card fees from different credit card processing companies.

Many merchants make the mistake of only considering per-transaction fees when setting up a processing agreement. Per-transaction fees are certainly an important cost, but other fees can quickly eliminate the benefit of a low per-transaction rate. Most credit card processing businesses charge fees for things like server maintenance and monthly memberships, so one of the best tactics for getting lower bank card fees overall is to ask for a detailed breakdown of all of the costs associated with a particular processing service. Without a transparent schedule of costs, it can be very difficult to compare two credit card processors to choose the best option. Merchants should also remember to look at other features of credit card processing services that might affect their bottom line. For instance, if a credit card processing company has good technical support and fast processing times, they might be worth slightly higher per-transaction rates.

Collecting and comparing quotes from credit card processing companies can be worth the time, as this tactic will often yield much lower transaction fees and a more profitable merchant agreement. Ultimately, merchants should remember to look for a reasonably-priced, trustworthy processor that offers a fast and well-supported means of taking bank card payments, as this can be more important than having the cheapest available credit card processing option.



It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today! (866) 837-0751

© 2016 All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Walnut Creek, CA

*Further terms and conditions may apply. Promotion contingent upon's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by

Call (866) 837-0751 for details.