Deception in Credit Card Processing Statements


Credit Card Processing Statements Can Be Deceptive

Credit Card Processing | Credit Card Processing Fees | Credit Card Processing CompaniesIt's 2014 and businesses are getting in gear for the new year. The problem is that many companies don't even realize how much they are "actually" paying for credit card processing. The merchants statements provided by most processors are designed with one thing in mind: to fool you. 

Quantum Merchant Services statements are easy to understand and contain no hidden fees or hard to read numbers.

 
I have seen companies like Bank of America charge non-qualified cards (business credit cards) at 14% and the business had no idea! The important thing is first, never sign a contract (say it again, this time with feeling). The second thing is, find out if your processor is hitting you up with hidden fees. Starting every new relationship is a good time to reassess your bills and make sure you are not overpaying for services. For many, merchant services should be the first place you look to for savings. On average Quantum Merchant Services has saved companies 20-50% off their current monthly merchant service bill. 
 
Credit Card Processing | Credit Card Processing Fees | Credit Card Processing CompaniesUnlike other processors, they will give it to you straight and if you actually have a great deal they will tell you there is no need to switch (unless you are getting crummy customer service, in which case you probably should). If you want to make sure you are not overpaying on merchant services and like the idea of possibly saving thousands for the upcoming year, get a merchant statement and contact a reputable merchant service provider for better rates. They have professionals that can make sense of those difficult-to-read merchant statements that usually will give a forensic accountant a big headache.
 
Quantum Merchant Services is a leader in the credit card processing industry we are consistently ranked in the top tier of credit card processors and we have a BBB ranking of A+. That is something we are very proud of
 
Contact Quantum today and get a true grasp of what types of fees you are currnetly paying!!
 
 
Quantum Merchant Services
1-888-881-0657 ext 707
Oakdale Mn 55128
Serving the Credit card Processing needs of Companies through out the United States
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Comments

Post a Comment

Popular posts from this blog

Clover POS Business Card Processing Solutions

Image
When is it time for a complete Point of Sale System like Clover? Point of sale system means different things to different people: it can be a glorified cash register, or an integrated system that joins sales, inventory, purchasing, and bookkeeping. If your business is still running on an old-fashioned cash register, odds are you could benefit from moving to a point of sale, or POS, system. A POS system is that it must work for you. It must meet your businesses needs and budget.  Most computerized POS systems today will have the following hardware A computer and screen, can be a touch screen if you are in the hospitality market Scanner Receipt Printer Cash Drawer Some newer system such as the Clover POS system come with apps that make it easy to build a system customized to your particular business. There are also other questions you can ask yourself such as: 1. Will the system grow with your business. 2. Are there different module that will need to be purc...
Read more

Card Processing Trends 2017

Image
Card Processing Trends 2017 Are we slowly moving into a cashless society? Some of the current and future trends may be pointing to yes.  Debit and credit card usage is up as well as the use of cryptocurrencies such as bit coin. At the time of this writing there are over 3 dozen (36) new cryptocurrencies currently trying to carve out an e payment niche.   Several different forms of electronic payments are slowly making it into the mainstream. Mobile Wallet usage such as Google Wallet, Samsung Pay, Apple Pay are also taking a slight chunk out of the pay with cash market. Why these different payment options are becoming popular is both simple and difficult to answer. On the easy side convenience and security.  Mobile wallets are primarily based on a device you more than likely always have with you, your phone. When utilizing your phone for mobile wallet payments you enjoy more encryption that is designed to keep your data safe. With sta...
Read more

Credit Card Processing Companies and Security.

Image
Are you considering changing card processing companies or adding credit card payments to your business?   In today's business environments most payments for goods and services are performed thru credit and debit card transactions.     To guarantee that these card transactions take place efficiently businesses seek out companies called payment processors or credit card processing companies. The job of a card processing company is to keep track of all payments made to a business thru debit and credit cards. When you are seeking out a company to replace your existing company or starting out for the first time with a new business there are a few points you must take under consideration. There are many ways to accept credit and debit cards but there are ways to guarantee you get a good company that will offer low fees and competent service. With all we know about identity theft and security breaches the one thing you want to know is how are yo...
Read more