3 Ways to Eliminate Credit Card Processing Fees
If you’re a business owner, you’re all too familiar with paying high credit card processing fees every month. These can be one of the most frustrating things about managing a business. You already have to put so much time, energy, and money into your business—why should you have to pay all those extra fees to your provider?
Can you imagine a life where you didn’t have to pay all these high credit card processing fees? Wouldn’t it be great if you could keep more money for your business and use it for other things besides credit card companies? Here are 3 ways to lower your credit card processing fees.
Don’t Manually Enter Credit Card Numbers
We’ve all experienced trying to complete a transaction with a pesky card that just won’t swipe. You may be tempted to manually enter your customer’s credit card, but this should be an absolute last resort. Transactions where the card is manually entered are higher risk transactions, which makes you a non-qualified merchant in the eyes of your provider. That’s because there’s a greater chance for a data breach with these kinds of transactions. For these reasons, this will result in higher credit card processing fees. If you want to avoid paying extra, always swipe the cards.
Install PCI Compliant Credit Card Terminals
PCI (payment card industry data security standard compliance) standards exist to prevent data breaches associated with credit cards. If your business is following them, your customers will be less likely to fall victim to identity fraud, fraudulent charges, and chargebacks. Not only are you protecting your customers with PCI compliance, but you’re also benefitting your business. By being PCI non-compliant, you’ll be forced to pay credit card companies higher fees.
One way you can be PCI compliant is by installing PCI compliant credit card terminals at your business. These terminals enable you to safely process payments and decrease the risk of a data breach. Wholesale Payments Direct offers PCI compliant credit card terminals that are fast, easy-to-use, and reliable.
Offer a Merchant Processing Cash Discount Program
Wouldn’t it be great if you could not only lower your credit card processing fees but actually eliminate them entirely? With Wholesale Payments Direct’s merchant processing cash discount surcharge program, you can do just that! In exchange for a small monthly fee, we’ll cover you credit card processing fees. You’ll save thousands!
Wholesale Payments Direct provides all necessary equipment and signage you need to implement a cash discount surcharge program. All credit-paying customers will receive a small convenience fee, while customers choosing to pay with cash will not. No matter how many transactions you process, the price you pay to Wholesale Payments Direct will stay the same! You’ll have more money to invest back into your business.
If you want to experience the many benefits of a merchant processing cash discount surcharge program, contact Wholesale Payments Direct! We’ll answer any questions you have, and you can start saving immediately.