KC Payment Blog

Don’t shop for a processor, let them shop for you.

November 24, 2020

The best way to shop for credit card processing is to tell processors what you want, don’t ask them what they’re willing to give. People…

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Tiered pricing is garbage!

November 10, 2020

There are two types of pricing models that processors generally use, Interchange pass though and tiered pricing. Interchange pass though displays the processors markup.  It…

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QuickBooks credit card processing is EXPENSIVE.

November 6, 2020

While Quickbooks is convenient for keeping your books, their credit card processor which is Intuit that happens to own Quickbooks, you will pay premium rates.…

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When looking for a credit card processor, be wary of affiliate “comparison” websites.

October 27, 2020

Avoid Web sites like Top Ten REVIEWS that claim to help you find the best credit card processor by using flashy comparison charts. Web sites…

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Quality trumps quantity with credit card processing quotes.

October 20, 2020

You don’t need to get quotes from fifteen different credit card processors to find the best solution for your business. Instead of calling a ton…

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Refuse to pay a cancellation fee.

October 13, 2020

Before you sign up with a credit card processor, refuse to pay a cancellation fee. There are plenty of credit card processors that waive cancellation…

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Never ask a sales representative “what’s your rate?”

October 2, 2020

  It’s natural to ask a sales representative for her rates when comparing offers. After all, it’s the rate that matters the most, right? Wrong.…

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Credit card processing cost calculators are hypothetical at best, and comical at worst.

August 30, 2019

Interchange is responsible for the majority of credit card processing expense, and it’s impossible to predict interchange fees until a transaction actually happens. It is…

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Basis points are the basis for charges.

June 14, 2019

A basis point is one-hundredth of a percentage point (0.01%), and it’s the basis for credit card processing pricing. For example, an interchange pass through…

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With credit card processors, bigger isn’t better.

May 10, 2019

Large credit card processors see your business as just a number and offer no benefit over smaller processors. Smaller independent sales organizations (ISO) offer rates…

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