Credit Card Processing Companies

Searching for credit card processing companies in the U.S. and around the globe is a tedious process. We help you minimize the choices out there by doing vigorous research in finding the best available options. There are several hundred credit card processing companies on the internet looking to find you as their client.

We have found that a lot of these companies fail to produce the upfront costs of having a merchant account so that young entrepreneurs are not discouraged and move on. These fees include monthly minimums, set up fees and discount rates.

For example you will here the term qualified discount rate and unqualified discount rate. The difference between these two terms is that if you are not qualified for the lowest rate you have the "unqualified rate" which is obviously higher then the qualified rate.

Also, you will rarely hear about monthly minimums as companies wait until you have signed the contract to explain what this means. It is simple. If a company has a monthly minimum of $20.00 this means that each month it doesn't matter how much activity your credit card processing transactions has had you will have to pay the minimum of $20.00. It is very good to ask before you sign a contract if the company charges a monthly minimum.

Another fee to be aware of is setup fees. These can range from $0 to $500+ In the past few years several companies have waived the setup fee but there are still some companies out there that charge the setup fee. Please don't assume that all companies will waive this fee without asking them to confirm. It may be tedious but in the long run you will save yourself money and alot of headaches.

You can check our faq section to find out more about all kinds of fees that you may be charged.