A Good Credit Card Processing Service?
It's hard to determine which credit card processing solution is
best for your business with so many choices available. Below are
the criteria Top Ten Reviews used to rank credit card processing
services:
Average Approval Rating - This criterion, usually
evaluated by percentage of approved applicants, refers to its
approval rate, the processing speed and the fee to apply. An
accommodating service will have a high approval rate and process
your application quickly and without a fee.
Cost per Month - A low monthly cost helps keep overhead
costs down. A competitive credit card processing company will
require a low monthly fee with clear communication about ongoing
fees and costs. Our ratings are based on 500 transactions per
month with one statement, charge back and gateway fee.
Start-Up Cost - Credit card processing companies
shouldn't charge you too much to set up a merchant account and a
payment gateway.
Account Setup Time - A competent service will expedite
your application and get you in business as quickly as possible,
some can approve the application and set-up an account within a
days time.
Customer Service - Accessible customer service answers
inquires 24 hours a day, seven days a week. The service should
offer many avenues of contact including telephone, email or
instant messaging and help should be quick to respond and
provide useful information. Internet Based Features - Most
companies offer more than one type of virtual terminal as well
as an online merchant account and payment gateway.
POS/ Swipers Features - A variety of Point of Sale
options and swipers (card readers) should be available through
the service. This is especially important if you are a retail
business or operate from remote sales locations.
With a good credit card processing service, you can increase
your sales and flexibility and give your customers many payment
options.