Making Money and Providing a Service with An ATM Machine

At one time or another we have all withdrawn funds from an ATM machine located in a store. It is often more convenient than going all the way to your bank. Although people are carrying less and less cash theses days, there are times when only cash will do, so you withdraw some from the ATM.  Convenience has a price and you will be charged between $1.50 and $2.00, you agree to pay this because you want some cash. But who collects this fee? The credit card processing ATM merchant, the one responsible for the transaction and keeping the machine full of cash.

Credit Card Processor (CCP), you can help you to be that owner. They have highly competitive wholesale prices on ATMs with free network and bank sponsorships. Their machines are capable of accepting 10% more cards than any other leading processors. They won’t leave you in the dark, either. Their office support will help you take the confusion out of owning an ATM machine. Credit Card Processor (CCP) guarantees to answer the phone when you call. Plus they offer after hour emergency assistance.

Many people dream of having their own ATM machine, visit Credit Card Processor (CCP) and get your ATM machine today. Set it up in your store, and collect the cash. It’s that simple. The easiest money you will ever make.

info@credicardprocessor.com

Get the Working Capital Your Business Needs

Merchants need enough working capital to run smoothly. But what can you do when the bank turns you down? Especially if you are just starting your business and have not built up your credit score. You need alternative financing that traditional lenders, even banks, do not provide. As a leading financial provider to the credit card processing community, Credit Card Processor (CCP) offers a business line of credit merchant cash advance as part of their many alternative financial services. They offer a simple method that of converts future Visa and MasterCard sales into present day cash, giving merchants the working capital they need now.

At Credit Card Processor (CCP) merchants can use the power of past proven credit card sales to get the merchant cash advance they need now, without borrowing. An affordable alternative to traditional borrowing while still keeping your business capital flowing. Do not let all of your hard work and loyal customer base go to waste because you haven’t explored every aspect of alternative lines of credit.

Credit Card Processor (CCP) is more than just a regular credit card processing company, they are your one stop full financial solution. For big business and small, they can help in ways you never imagined.

info@credicardprocessor.com

Get Value from Your Credit Card Processor

 

Credit card processing companies are an essential part of doing business. When selecting the right merchant account services, you need to consider some important aspects.

• Monthly fees: Find out upfront what your monthly fees and transaction charges will be. Some companies will lure you in with low fees only to hit you with outrageous charges later. Credit Card Processor (CCP) offers the lowest fees in the industry with no hidden costs and no surprises
• Processing time: Ask about processing time and application start up time. Any delay in processing transactions and payments will have a serious affect on your business. Credit Card Processor (CCP) can get your merchant account service set up and running smoothly within a few days.
• Reliable customer Service: Accessibility to the help you need is important. You should be able to receive assistance when you need it. The helpful and friendly staff at Credit Card Processor (CCP) are always ready and willing to help.
• Terminals: Not all equipment is right for all situations. Find out if there are more than one type of card reader, virtual terminal, or payment gateways for different types of point of sale. The more suitable a terminal is to your particular business, the more useful it will be.

By selecting merchant account services and equipment from Credit Card Processor (CCP), all of your credit card processing needs will be met.

info@creditcardprocessor.com

What are Downgrades in Credit Card Processing?

Credit card processors promote their service by offering discounted rates. These rates often have different tiered models which fall into three categories: qualified, mid qualified and unqualified.

1. Qualified : Qualified transactions attract the minimum fees
2. Mid-qualified and downgrades: These transactions generally cost more.

 

Overall the discount rates are offered based on the timeliness and the quality of the information that is being provided to the credit card processing company. Research shows that more than one third of the total volume is, most of the time, mid-qualified and downgrades. Most of these transactions are international and are from rewards cards. In order to reduce the downgrades and mid-qualified transactions, Merchant account providers should make sure that correct information, with all of the relevant data is passed on for authorization and verification.

 

Important data such as address verification, and CVV should be passed on for the transaction to be qualified. Also, the credit card processing records should be submitted within stipulated time frames. It is therefore, important to work in close association with your credit card service provider to make sure that the proper information and settlement standards are applied to the sales and transaction processes.

 

info@creditcardprocessor.com

What does your Merchant account provider know about direct marketing?

With the advent of the Internet, many opportunists started a dot com business without actually understanding the concepts of direct marketing involved in the on-line industry. They had the technology and understanding of it but they lacked the application of traditional business practices into on-line businesses. Similar kinds of principles are applicable to your credit card processing company that deals indirectly with your customers.

 

Though it is important that your credit card processor has all the necessary technological know-how for credit card processing, it is equally important that they have an understanding of direct marketing as well.  No matter what ecommerce on-line business you are into, for example selling of clothes, or electronics, monthly or annual subscriptions, direct marketing is an integral part of your on-line business. Direct marketing plays a key role in merchant account payment processing from the customers.

 

Your credit card processor should have a good understanding of expired cards, decline in authorization due to different reasons and other common faults that occur during credit card payments. Proper understanding of the above mentioned issues gives insight into handling of such customer accounts making sure that the account is not lost. Credit Card Processor is one such provider with a good understanding of direct marketing.

 

info@creditcardprocessor.com

 

Pricing and Credit Card Processing

Merchant account services often involves complicated pricing; this article gives information about that. There are three particles involved in credit card processing which includes the banks, the credit card processor and the card associations that charge fees for the transactions.

 

If you process a lot of transactions then it is important to analyze the percentage base processing fees. If the number of your transactions are low then it is important to assess the per item based processing fee. In the end it is important to determine the average ticket value of the product and the earning percentage of your credit card processor on each item. Pricing is also associated with size and the financial stability of the business. Pricing is often divided into percentage based and fixed per item fees.

 

Once you know your average ticket price then it is fairly easy to convert that into a pure percentage or pure fixed fee, without being overly complicated. In order to do that, divide the total average credit card processing merchant fees, inclusive of discounts, downgrade, charge backs, reporting, transmission, etc., by gross sales volume.  This number can be used to understand your payment systems, analyze that keeping in mind the amount of business you generate.

 

info@creditcardprocessor.com

 

Quality versus Customer service in credit card processing

In the business world it is a very common practice to try to get products and services at the lowest price possible, and when it comes to merchant account services, the importance of low fees cannot be ignored at all. The electronic payment industry in general has lots of layers to it and there are thousands of providers. Some of them provide genuine services while some others seem to just be playing with the credit card merchant account holder in order to make some quick money.

 

With so many players in the market, a little research will help you find credit card processing providers that offer the minimum monthly and annual charges. But it is difficult to get excellent customer service in the market since the merchant account providers try and cut costs.  Low fees mean low profit for the merchant account service provider, which means cost cutting when it comes to service delivery.  In such cases either the service is poor or average.

 

Hence it is important to check if the merchant account service provider is providing 24×7 customer service along with the lower rates, otherwise it would be worth considering a provider with better service and maybe a bit higher rates.  Good customer service will have an impact on your customers experience overall, which means your profit and revenue, along with your brand reputation. With so much at stake, careful consideration should be taken before selecting a credit card processing merchant account provider. Credit Card Processor provides excellent service to its customer along with the lowest fees in the market.

 

info@credicardprocessor.com

 

How you can Protect Yourself Against Merchant Account Fraud

Research in cyber crimes shows that on average, credit card merchants loose around 1.4% of their revenues.  But this does not mean that you have to take this figure to heart, on-line merchant frauds can be reduced and prevented by taking some specific measures. There are two levels of fraud control tools which can be used to prevent fraud, they are known as:

1. Credit card security code, commonly known as CVV, and Address verification service (AVS)
2. PIN based solution recommended by Visa and SecurecodeTM solutions by MasterCard.

 

Other alternatives incorporate the use of specialized fraud prevention agencies such as Cyber Source and Accertify which makes use of specialized methods to prevent frauds and help your on-line merchant account to be safe and secure.  Also if your credit card processing merchant account provider is reliable then it will take responsibility of added measures to reduce on-line fraud. Credit Card Processor is one such company.

 

Charge backs are a good sign of fraud on your company, so if your charge back rates are somewhere between zero percent to 0.4 percent then you fall into the safe zone category. In such a scenario, intricate methods, as described above, are best to combat fraud. But if the CB rate is above that then the combination of intricate methods and an outside agency should be deployed to combat fraud.

 

infor@creditcarprocessor.com

 

Worry Free Transactions

We at Credit Card Processor want to provide you with the easiest way to access your transaction information.  Our password-protected website allows you to manage and review transactions, configure your account settings, view account statements, and download reports.  You’ll get all these services in one place, available at your fingertips.

 

You already know that providing your customers with as many payment options as you can is a good way to do business.  We at Credit Card Processor want to help you reduce your costs by making it easy for you to accept and process electronic check payments directly from your website.

 

Fraud is one of the most expensive activities a business unfortunately has to deal with.  We at Credit Card Processor want to help you do away with as much fraud as possible.  Our Fraud Detection Suite (FDS) will help you identify, manage, and prevent suspicious and potentially fraudulent transactions.  This is a rule-based program that is hardly ever wrong.  It’s also customizable, so it can be modified to your specific needs.

 

Many of the merchant services we offer our merchants are customizable.  Our Automated Recurring Billing (ARB), for example, will save you time and increase your productivity by handling recurring bills (or “subscriptions”).  You’ll never have to waste hours paying bills; ARB does it automatically, at the time and amount you set.

 

 

info@creditcardprocessor.com

Customer Service

We at Credit Card Processor value customer service.  Just as you and your company understand that the key to success in the business world is giving your customers what they want.  That’s exactly how we do business, too.

Our customer support is exceptional, on the level with any other company of our kind.  Our technical and account support teams provide free support to all merchants, seven days a week, through the phone, email, or online chat.

We know well that security is of top importance in this industry.  You need to trust us.  Other credit card processing merchants who use our services can attest that all our merchants are protected by industry-leading encryption methods and security protocols.  We do our best to provide our merchants with the best tools and practices to prevent fraud.

One way to prevent fraud is to give you plenty of opportunities to enter and upload individual and batch transactions yourself.  Our Authorize.net virtual terminal and batch upload features of our merchant interface allow you to just that, manually.

 

We give our credit card merchants lots of choices.  For example, you can choose from the following connection methods.  You can link to the Authorize.Net secure hosted payment form.  You can host your own secure payment form.  You can even use one of our certified shopping cart solutions.

 

info@creditcardprocessor.com