Zero Fee Merchant Services
Credit card processing fees can be extremely expensive for companies, but they can be a thing of the past when you use our zero fee merchant services. Here at Swipe 4 Free, we have been offering businesses top of the line processing solutions, without charging them a dime. You may wonder how this is possible, and how you can take advantage. Well, it is actually simpler than you might think.
With the current setup, most companies have to pay anywhere from 3-4% (and sometimes more) of the transaction price to their credit card processing company. For some businesses, this can add up to thousands of dollars per month. When you have our zero-fee merchant services account, however, you don’t pay those costs. Instead, we apply a 4% surcharge to each transaction as it occurs. This means that your customers will be paying for this expense directly, rather than having it come out of your pocket.
Customers Don’t Mind
Customers today are quite savvy when it comes to how things work, and what things cost. We’ve found that when merchants switch over to our zero fee merchant services, the vast majority of their customers don’t even notice the added 4% fee. Of those who do, most of them immediately understand what it is and are fine with it. Those who do question why this fee is being charged to them tend to be very understanding when given a quick explanation.
These customers know that the costs of accepting credit cards is factored into the process of goods, so they are already paying it. Having this surcharge on the bill actually provides them with a greater level of control. If they don’t like paying the surcharge, they can opt to use cash and save the money. Some merchants choose to put up a small sign at the register explaining this as well, which can help to avoid upset customers.
See How Much You Save Each Month
When you have a zero fee merchant services account with us, we won’t send you a bill each month. Instead, we can send you a breakdown of how much you are saving. This notification will show how much your customers have paid via the surcharge, and how much it would have cost you if you were using a traditional credit card processing company. We think you will be quite impressed each time you look. We can also show you a comparison of what a typical merchant sees in savings before you even sign up to help make the decision easier. These savings can be passed on to your customers in lower (more competitive) prices, or they can be added to your profits each month!
Cheap merchant processing
Credit card payment processing companies charge you a fee for every transaction your customers make using their credit cards. This will be an average of 5% on every transaction. Many times, companies are ready to negotiate with merchants on the total fee charged. Companies that are ready to be transparent and are looking for long term relationship with the merchants do not mind bringing down the fee a little bit or even eliminating it if possible.
Some payment processing companies believe in charging a fee on every transaction that you make. Some companies, however, charge you a monthly rental or an annual fee. All of these fees are not fixed. It is important to know how cheap merchant processing can help your business save money and grow at the same time. Here are a few ways to save on payment processing fees:
Choose the right company
It is very important that you install the terminal with great care. Also the information that you provide to your payment processing company should be correct so that there is a reduced risk of fraud. If there is a high risk of fraud, there will be a high fee charged to you. Other ways to reduce fraud risk are; by swiping the card while processing payment transactions, and requesting your customers to answer security questions in case you have to manually enter the card details for payment processing.
Fraud risks proper installation
Make sure you do a proper research before choosing the company you would like to do business with. The company has to be ready to negotiate on the rates of fees. There are certain fees like PCI compliance, statement charges, etc. that can be eliminated if you are a high transactor. If your business is doing well your payment processing company might even give you great offers so that you continue doing business with them. Choose a company that is reliable, has great reviews, and has a long-term customer support.
Contact the source and negotiate
You can directly get in touch with the bank that helps in payment processing. These are big banks that offer such services. Just like you, the bank does not want to pay a commission to a third party. If the bank does not agree to do business with you, ask your payment processing company to eliminate or reduce fees so that you can do business with them.
There are several companies willing to give you waivers on monthly rentals, annual fees, statement fees, batch fees, etc. as long as you give them good business by accepting more credit card payments, and choosing to use their own terminals. You can also take advice from experts and merchants who have been in the business for a long time before you take any decision.
Contact Us Today
If you would like to learn more about our zero fee merchant services accounts, or to see how much your business can save, please give us a call at 1-855-345-0040. One of our customer service professionals will be happy to go over all your options and help get your zero-fee merchant services account started right away.