Ways to Save on Credit Card Processing Fees

Credit card processing expenses can add up quickly and cut into the profits of a small business. This is unavoidable as one must accept credit cards if they want to stay competitive and keep their clients satisfied. While this cost is hard to avoid, one can save money on credit card processing fees by following these three tips.

Equipment: A company can either buy or rent the processing equipment. Over the long haul, one can save plenty of money if they buy the equipment rather than rent it for their business. The cost to buy the point-of-sale system is not as high as many people think. In fact, when renting a machine and paying $50 a month, one will spend more long run than if they just bought the machine out right in the beginning. Remember, if an entrepreneur thinks he or she will be in business a long time, they must buy all the equipment.

Negotiate: A savvy business owner must negotiate the terms with a credit card processing company. The best time to do this is when one signs up for services. Now, to negotiate successfully, one should have pending offers from three or four payment processing companies. When making a deal, one should try to get the payment processing company to reduce their monthly fee or percentage fee per transaction. One must realize that everything is negotiable including payment processing fees.

Software: When running transactions through software, one can cut their costs. Payment processors will routinely offer lower rates to a customer who runs an online business and only needs a software solution. In business, when trying save to money, one must avoid paying for services that they will not use. When using a program to run transactions, one can save on their monthly expenses and processing costs.

While it is difficult to avoid payment processing fees, one can decrease them drastically and with ease. For this reason, a well-informed and savvy entrepreneur should follow these three essential tips to lower their costs associated with accepting credit cards over the phone, in person and on the Internet.



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. CreditCardProcessing.com 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 CreditCardProcessing.com. 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 CreditCardProcessing.com's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by CreditCardProcessing.com.

Call (866) 837-0751 for details.