Don't Fall Victim To Unscrupulous
Credit Card Processors!
5 Ways They Can Fool You...
Taking credit cards is necessary if you are in business.
But do it wrong, and it costs you money.
Do it really wrong and it can put you out of business!
There is a reason why we say, "Payment Processing Demands Integrity."
Way #1: Paying Too Much
Did you know that most merchants and restauranteurs are paying more than they need to for their processing? There are over 200 "Interchange Rates" from Visa/MasterCard/Discover Network, etc. Processors put these into 3 "buckets", Qualified, Mid-Qualified and Non-Qualified. But here is the news:
Processors can put any Interchange rate into any bucket they choose. So what? You know that great Qualified rate you were quoted, like 1.39%? They just moved a transaction type that's normally Qualified into a higher cost bucket to off-set the "deal" you got.
Are you paying too much despite that great rate you got? You will never know if you just look at rates. We can do a FREE statement analysis for you to see if you're paying too much or not. If you have great pricing we'll tell you. If not, we'll tell you how much we can save you. We've put MILLIONS of dollars back into the hands of business owners. Call toll free 866-940-7924 for a free statement analysis.
Way #2: Slower Cash Flow Than Necessary
For example, a restaurant normally has access to their sales revenue from Friday, Saturday and Sunday credit card transactions on Wednesday... those of "fast funding" may have access on Tuesday. With IPS... you can withdraw those funds Monday morning. Cash from Thursday's credit card transactions can be withdrawn Friday morning - regardless of where you bank! It simply does not get any faster and more flexible ANYWHERE else.
Way #3: Frustrating Customer Service
Most processors outsource much of their operations. We don't. For example, our customer service representatives are all in-house. They have both the information and the authority to make decisions to solve problems. And don't worry about multiple customer service numbers or a phone-tree maze, our phones are answered quickly by real people who can provide both customer service and technical support.
Way #4: Not Being PCI Compliant
The Payment Card Industry (PCI) has security standards to fight the rash of stolen credit card information that is being perpetrated by criminals around the world. Who would have thought that a corner restaurant in Palatine, IL would be targeted by criminals sitting in Nigeria?
But they are. If a breach happens it can mean tens of thousands of dollars in fines. Some larger companies have been fined millions. BUT MOST BREACHES ARE AMONG SMALL RESTAURANTS AND RETAILERS, NOT BIG COMPANIES. The bad guys know big companies have lots of security.
Integrity Payment Systems is a leader in PCI Compliance and has been for years. We work with our clients to ensure they are certified and we continue checking their systems on a monthly basis to make sure that something hasn't changed that could make them vulnerable. Call toll-free 866-940-7924 for help getting PCI compliant.
Way #5: Not Having The Integrity Business Resource Center
You are a business person, so how would you like to be in a highly competitive, high risk business with low margins that has become a commodity. That's the credit card processing business. Most merchants don't realize that the vast majority of their costs are paid to the card issuing banks and the credit card companies... not the processor.
So, as a business person, what would you do? IPS is one of the few credit card processors that has chosen to provide value-added business solutions to our customers. We know you spend your time working in your business and not on your business, so we're helping out. We're doing the research and the legwork to bring high value business solutions to our processing clients.
We have a wide range of business solutions to help you manage, grow and make your business more profitable.
1. Cash Management Tools.
2. PCI Compliance.
3. QuickBooks Integration.
4. Turn-key online marketing for local businesses.
5. Promotional tools for business owners.
6. Quick, easy, affordable direct marketing solutions.
7. Tools for restaurant owners to increase their annual renvenues by 17%~20%.
and the list goes on, and on, and on.
