How Often You Should Get Competitive Bids for Merchant Processing?

A smart entrepreneur must always aim to save money and cut his or her costs. With this, one will grow his or her business without needing to invest additional funds. At the same time, while this is true, it is wise not to try to cut costs all the time as one needs to think of the future. With this in mind, many want to cut costs on simple expenses. For this reason, a small business owner should obtain a competitive bid for merchant processing. The question is, how often?


Most credit card processing companies require new customers to sign up for a long-term contract. Now, some will make a person sign up for one or two years. Others allow an open-ended ending date. When knowing this, an entrepreneur can proceed accordingly. Often, one will have to wait longer or pay a fee to opt out of the deal. Either way, it is often expensive to get out of merchant accounts, and a smart business owner must take this into consideration when looking at getting new bids.


Sometimes, a company will not meet the credit card processing needs of their clients. This is the sad reality for some people. Now, it is often tempting to work things out and hope for the best. However, this is usually not wise, and a smart entrepreneur should seek out a new provider when the current one does not offer everything promised. While this is painful at first, it is a wise step to take as a business owner will save money in the long run.


Other times, a company will meet current needs but will have a hard time adjusting to growth. This is a serious problem to deal with, and it is wise to search for new merchant accounts rather than deal with a company offering poor services. One must remember that the future is more important than the past when it comes to making basic business decisions, and this is clear when a person wants to find a new credit card processing company.

A smart business owner must always strive to cut costs and make more money. However, it is not so easy all the time as sometimes it is wise to leave things alone. However, when looking at one’s wants and needs, it will make matters easier. Luckily, with these three tips, one can make the right decision without hesitation or fear.

Leave a Reply



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.