Don’t be spooked this season!

Written By Christine F
 
 
 

Oooooooo👻 Scared of surprise fees from your payment processor? Fear not! Here are some useful tips to help you choose the right payment processor.

 
 

Non-mandatory (for profit) fees to look out for:

  • Annual Fees

  • Statement Fees

  • Application Fees

  • Account Maintenance Fee

  • PCI Compliance Fees

  • Batch Close Fee

  • Settlement Fee

How to avoid being overcharged:

  • Go with a transparent pricing structure: Know exactly what you are paying for.

  • Choose the right payment processor: Do your research and compare your options.

  • Thoroughly review agreements: Read the fine print and ask about fees that can be reduce or even waived.

  • Avoid being locked into lease contracts: Rental and purchases are easier to leave if you are unsatisfied with your payment processor.

  • Review your processing statement frequently: Check your statements regularly to catch any unexpected charges or rate increases.

  • Consult an expert: Speak with a payment processing expert who can offer advice and directly answer your questions.


For more information on steering clear of hidden markups and fees, as well as how to choose the right payment processor, feel free to talk to one of our experts! We are more than happy to help direct you to the best payment processing options for your business.

Christine F
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