Many business owners are hesitant to accept bank cards because they are afraid all of the fees and equipment costs, but fees aren’t the only thing to consider when you’re buying a payment processor.
First, take into account the kind of company you want to work with. You will find banks that offer services that enable you to accept bank cards 소액결제 현금화 방법, as well as independent sales organizations and, sometimes, the credit card company itself.
The main advantage of working together with the same bank that’s your other business accounts is that it’s easier for you yourself to cope with, and there may be someone local who you are able to call if you have problems.
On another hand, independent sales organizations have significantly more experience and are occasionally more flexible in the kinds of businesses they will work with.
When you’re doing your research and learning about different packages that payment processing companies provide, below are a few things you should focus on:
*Reliability: Does the network have plenty of downtime? What goes on when the network falls? What kind of customer support structure do they’ve in position? Is there someone you are able to call 24/7?
*Products: What different kinds of payment processing products can be found? Would they help you decide on what’s right for you personally?
*Extras: Does this method also process electronic gift cards, electronic checks or other types of payment?
The greatest factor that many people use to choose the merchant account company they wish to opt for, however, is the price. There are numerous different fees related to accepting bank cards, including an application fee, the discount rate (a percentage of every sale), transaction fees and fees for sales made within the Internet or the phone.
Additionally there are fees for statements, for not meeting a minimum number of sales and for just about any returns or refunds you process.
Look carefully at all the different kinds of fees each company collects and what the rate is. If you’re expecting people to produce plenty of small purchases with bank cards at your organization, you might look for the business with the cheapest transaction fee. If on another hand your credit card payments will be high, you could be more enthusiastic about a lowered discount rate. It will depend on which your priorities are.
Your final thing you’ll want to consider when choosing a payment processing system is imagine if any costs you’ll incur from renting or buying equipment. Some companies offer free equipment for credit card processing, which may be a big positive that significantly reduces your up-front costs.