Looking to Lower your Credit Card Processing Fees?
Have you ever wondered if you could save money on your credit card fees? Do you feel like you might be paying more than you have to? Well, you’re probably right.
Visa, MasterCard, Discover and American Express have developed an incredibly complex system of rates and fees – called “interchange” – which vary based on (i) how payments are processed, (ii) the type of industry the card accepting merchant is in, (iii) the cost of rewards cards used by the customer, and (iv) the amount of risk each transaction incurs for the card issuing bank.
Credit card processing companies markup interchange and pass along rates to you, their merchant customers. They’re entitled to make a profit, of course. All companies are. But because the interchange system is so confusing, credit card companies routinely use the confusing system to abuse the markup they charge to merchants.
MerchantPro Express (MPX) is different. MPX is more interested in saving merchants money by accepting a small, appropriate margin. By simply reviewing your credit card statement, we can see where you are losing money unnecessarily. Every merchant can save money with the help of MPX. Guaranteed.