February 03, 2016 03:00 ET Reveals Tips for Selecting Credit Card Processing Companies

SANTA FE, NM--(Marketwired - February 03, 2016) -, a platform for reviewing and ranking merchant services, has released a guide to assist those searching for credit card processing companies in finding the best processor for their needs. The tips outline strategies and best practices to find companies which consistently meet the expectations of their merchants. While the tips do not produce a guarantee for success, the tips can reduce the risk of dissatisfaction with processing solutions which do not meet merchant expectations.

First, recommends that buyers consider credit card processing companies which have a history of in-depth reviews written about them by real people. As the Internet has become a primary source for research for many, it has also become an opportunity for others to write reviews which may be biased towards the payment processor. It is recommended for those searching for credit card processors to not only try to identify reviews which may be critical of payment processors, but to utilizes multiple reviews and sources.

Second, it is recommended for merchants to better identify their needs and objectives with payment processing and to use the features and offerings of a credit card processor as a guide towards determining whether the payment processor meets those objectives. Not every payment processor will offer the same products, services, and rates. It is important to understand not only current requirements, but potential requirements in the future. Switching a payment processor can cause difficulties in accepting payments and ensuring timely receipt of payments from customers. Ensuring your credit card processor can scale with your needs can be a long-term benefit.

Finally, merchants should spend the time to not only understand what the credit card processor is offering, but what fees are associated with the service being provided to them. Many payment processors have advertised fees, but these fees may not be the fees they offer to all merchants. It is important for a merchant to gather quotes from any credit card processors that meet their objectives in order to determine which extends the most advantageous fees towards them. Determine how many transactions your company processes on average each month and how those fees will affect those transactions.

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About is a crowdreviewing platform which ranks over 500 software categories and 200 service categories.

Contact Information

  • Contact Information
    Samuel Powers
    530-B Harkle Road,
    STE 100,
    Santa Fe, NM 87505