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credit card processing
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Topic: credit card processing (Read 635 times)
ssvideoman
phpBB Manager
Posts: 64
credit card processing
«
on:
October 30, 2010, 10:20:39 AM »
anybody else been hit with processing insurance ? I was told originally I didn't have to have it. now they say every processor has to charge it. I checked with another company and theirs is a little lower.
anybody have a suggestion for a fair processing company. fees just keep adding up.
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EVW
phpBB New Store Owner
Posts: 93
Re: credit card processing
«
Reply #1 on:
October 31, 2010, 09:45:29 AM »
The fees are unreal. Here's mine:
Merchant Services Fee
Merchant Services Financial Adjustment Fee
Merchant Services Discount Fee
Merchant Services Interchange Fee
Terminal Lease Fee
Terminal Insurance Fee
Telecheck Fee
Thank you sir, may I have another? Hard to make it without accepting credit cards so whatcha gonna do? The credit card companies are getting squeezed by the government so they just find a different avenue to get their fees
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twinvid
phpBB IVR Guru
Posts: 345
Re: credit card processing
«
Reply #2 on:
October 31, 2010, 12:42:45 PM »
I have found that the best deals are through the bank where you do business.
Bob
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ssvideoman
phpBB Manager
Posts: 64
Re: credit card processing
«
Reply #3 on:
October 31, 2010, 01:22:37 PM »
local bank is what I am using now. but first data with sam this new insuance fee is alot cheaper. the other rates thay say are comparable. just dont know about switching.
anbody use first data?
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merscham
phpBB Multi Store Owner
Posts: 159
Re: credit card processing
«
Reply #4 on:
October 31, 2010, 05:53:25 PM »
First Data rips you off a little less than other companies but just make sure that if you key in transactions, you always add the address and the CVV code or it becomes extremely expensive.
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videoport
phpBB Assistant Manager
Posts: 35
Re: credit card processing
«
Reply #5 on:
November 20, 2010, 03:16:08 PM »
Try Powerpay they are giving pretty competitive rates and all their workers rent from me!
http://www.powerpay.biz/
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