Free Credit Card Processing Solutions
Posted on January 4, 2012
Filed Under Free Stuff | Leave a Comment
Precious few things in life are free: Air, advice and not much else. For those who are looking for a low-cost (or better yet, no-cost) credit card processing services, it is easy to get mired in a virtual swamp. Making the wrong decision can add up pretty quickly, and because most service providers attach their “best offers” to lengthy contracts, you could be watching your potential profits flow out of your accounts and into someone else’s.
Competition Breeds Comps
That hardly seems like an enticement for anyone to start up a new retail business, but if one proceeds with caution and a penchant for reality, one can find solutions to their online credit card processing needs at rates that are as close to free as one might dare believe. Businesses will find that intense competition has caused many service providers to offer (among other perks) free POS equipment, free accessories or consumables, or reduced/eliminated monthly equipment rental rates.
Out of the Box
One prominent merchant service provider (Intuit) offers a low-cost alternative to traditional point-of-sale equipment (GoPayment) in the form of a cell phone credit card processor. By entering account information into their cell phones, those who make their living without the usual office trappings can take advantage of our increasingly mobile society, getting paid on the spot in the process. Moreover, multiple sales representatives can utilize the same account from different phones without additional fees.
It can be difficult to know a red flag from a red herring when selecting a service provider. Legitimate websites such as MerchantSeek can be useful in comparing the various rates and fees, helping steer businesses into safe waters. Critiquing sites such as Angie’s List are also helpful watchdogs. Utilizing all of the information and assistance on hand can help put you in a position to succeed where your credit card transactions are concerned.
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