For nearly 25 years we have served a wide variety of clients consisting of virtually every business vertical.
These businesses include:
• Construction Equipment Sales, Service and Rentals
• Hotels
• E-Commerce
• Restaurants
• Car Dealerships
• Dinner Theaters
• Nationally-Branded Attractions
• NASCAR Race Tracks
• Law Firms
The one thing all of these clients had in common was a low knowledge level and understanding of how credit card processing really worked. Unfortunately, this shortcoming was costing them thousands of dollars in both time and fees.
The answer to their problem was not getting educated in credit card processing, as the association rules and fees are incredibly difficult to learn and understand. Even if you did learn all of the rules and regulations associated with credit card processing, your time would be wasted. Credit card processing rules change twice a year, so you’d need to constantly update your knowledge.
Years of working with clients has taught us that having a trusted professional organization working with (and for) you is the most efficient and logical way to solve this issue. But how do you know who to work with? How can you determine their trustworthiness?
Choosing a Merchant Account Provider
It can be a difficult and harrowing experience trying to decide on the right merchant account provider for your business. As such, it’s often helpful to ask yourself the following questions:
1. Are they independent of the actual front-end processor?
2. Is my processing being monitored and audited on a regular basis to ensure there is no “fee creep”?
3. Can they show proof of performance over time?
4. Do they have verifiable references in businesses that are similar to or the same as mine?
Think of it like this: If you were going to leave your children with a nanny, what steps would you take to choose that person? You probably wouldn’t leave your kids with someone based on price alone, would you? In a similar way, you should never choose a merchant account provider based on price alone.
Using that same scrutiny when you choose an account provider, whether you decide on Merchant Consulting Service or not, ensures that you pick a dependable and trustworthy provider.
The company you choose should fulfill these criteria and/or some of your own choosing. If you’d like to talk to us about your merchant account, please call 321-800-6533 or e-mail britt@merconserv.com.