4 Things to Look for in a Credit Card Processor

As a business owner, choosing the right credit card processor can seem like a daunting task. There is so much involved within this industry that makes it hard to know when you’re actually getting a good deal or if you’re getting the wool pulled over your eyes.

That is why Rate Tracker was created; to shine light on this industry that not many people understand. So, today we are going to talk about 4 things you should look for in a credit card processor.

4 Key Factors:

1. Right Solutions

You want to find a processor that can provide you with the right solutions for your business. For example, if you are a veterinarian clinic, your needs as a business are different than an HVAC company. The HVAC company might need payment devices that are mobile so they can use them in the field, whereas the vet won’t need that type of solution.

2. Ongoing Service

This is a big one. You want to make sure that the processors you are choosing will be there for you after the sale. Will they have a real person that you can talk to for support? Do they give you one point of contact for any account management?

3. Full Disclosure

The credit card processing industry is a very convoluted and confusing industry when it comes to pricing, rates, costs, fees, and charges. Having a full disclosure will protect you as a business owner.

4. “Get It Done Right” Mentality

When you talk to a representative or check out their website, your first gut feeling can really help you know if you’re going to like working with that company. This goes for any type of business.

If the processor seems like they have the “get it done right” mentality in addition to the other three key factors, you have found your processor!

Learn More About Rate Tracker

If you are interested in learning more about Rate Tracker and the credit card processing industry, contact us today!