Don’t Shop for a Processor.
Quick Tip: 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 love to break out the trusty spreadsheet and hit the Internet to compare twenty processors based on zillions of rates, fees, and terms. Instead of making a spreadsheet, make a list of what you want.
When contacting processors, tell them what they need to do to earn your business. If they can’t meet your demands, hang up and move on.
Negotiating your demands is precisely what we do at KC Payment. We tell processors what type of pricing (interchange plus) and terms (no cancellation fee, etc.) are acceptable. This approach produces competitive, transparent quotes quickly and easily.