Credit card processing fees are one of those business expenses that are easy to ignore until they start adding up.
If you have been using the same processor for a while, it may be worth taking a closer look at your statement and asking whether your current setup still makes sense for your business.
Start With Your Processing Statement
Your monthly processing statement shows more than just the amount you paid in fees. It can also give you clues about your pricing structure, transaction costs and whether you are being charged for services you no longer need.
The problem is that these statements are not always easy to read.
That is one reason Anchor offers a free processing statement audit. We can walk through what you are currently paying, explain the fees in plain language and help you understand whether there may be a better option.
Your Business May Have Changed
A payment setup that worked well when your business first opened may not be the best fit forever.
Your transaction volume may have increased. Your average sale may be different. You may be accepting payments online now, adding recurring billing or using new software.
Those changes can affect which processing setup makes the most sense.
Lower Fees Are Not the Only Thing That Matters
Price matters, but it is not the only thing worth considering.
The right payment processing setup should also give you dependable technology, responsive support and tools that actually fit the way your business operates.
Saving a little on processing fees is not very helpful if your equipment creates problems or you cannot reach anyone when you need support.
Not Sure Where to Start?
You do not have to figure it out on your own.
Anchor Payment Solutions can review your current setup, answer your questions and help you understand your options before you make any changes.
Let’s Find A Payment Solution That Fits Your Business
A free merchant statement analysis gives you a clearer picture before you make any decisions. If there is an opportunity to lower your credit card processing fees or improve your setup, we’ll walk you through it. If what you have is already working well, we’ll tell you that too.
Looking for immediate help? Give us a call
