FAQ
What is interchange?
Interchange is the "cost" of a credit/debit card. Every card has a different rate as there are many factors. I like to use risk and reward. A card not present transaction (card is not physically there) is considered riskier than a present card. This types of transactions would have a higher rate. Rewards cards rates vary based on the type of rewards system, yes you are funding those airline miles. The rate is determined by the card brands (Visa, MC, Discover, and Amex) and banks. Once the rate is determined it is fixed, no processor has the ability to negotiate these rates.
Whats the catch?
If you are anything like me you are probable asking yourself, whats the catch? GOOD NEWS!! We are not resellers for any credit card processing companies or financial institutions. This means we are not here to sell you services, and will be 100% transparent when it comes to what we can save you. If we cannot find savings, there is no cost to you.
What can you really save me?
Savings will vary, believe it or not some processors do not gouge their clients. This is why we provide an all inclusive analysis into how you process credit cards to ensure are not paying unwanted cost.
Can my processor add fees anytime?
Chances are yes!! There is most likely a section in the terms and conditions that allows for this to happen. Part of what we do is try to ensure that doesn't happen again.
To get started contact us
**Getting started right away is easy, just click the email below and attach up to 3 months of credit card processing statements. This allows us the ability to determine if any changes have occurred. We look forward to reducing your credit card processing cost as soon as possible.