Minimizing Credit Card Processing Fees
1 hour 30 minutes
Learn how to avoid hidden fees and control credit card processing costs.
Nearly every merchant today must accept credit cards to run a successful business. That said, few merchants, if any, have ever been trained; on how to open a merchant account. Since all merchant account agreements are a minimum of three years, making a mistake in this area of a merchant’s business will not only be costly, it will create unnecessary pain for the business owner. This topic will provide vital and enlightening information to help new merchants open a merchant account, and will help merchants who already have a merchant account and are thinking about switching suppliers, looking for ways to decrease costs and to protect themselves from credit card scams.
• You will be able to identify what solutions/technology your business should consider to control processing cost.
• You will be able to recognize how opening a merchant account will avoid hidden or costly fees.
• You will be able to discuss how to reduce risk and fraud.
• You will be able to explain pricing and how interchange works.