At Best Merchant Rates one of the areas in which we specialize is helping brand new business owners who are gearing up for a Grand Opening.  Our Large Corporate Pricing Program is available to new businesses of all sizes, large and small. 

We understand that as a new business owner you have an endless Grand Opening “To Do” list, including registering your business, selecting a location, hiring employees, stocking inventory, etc.  The list goes on and on.  And of course you need to apply for merchant services so that you can accept Visa and MasterCard.   

To help plan a timeline, we recommend that you apply for a merchant services account 30 days prior to your Grand Opening.  This will help give you plenty of “cushion” room so that you are not squeezed at the end.

But you may say “I’m already behind.  I need credit card processing immediately, or yesterday!”

Just let us know your time frame and we will put our team to work.  We have helped many customers facing “crunch time” get aproved in time for their Grand Opening.

So remember to place the merchant account application process early on your Grand Opening “To Do” list.   But if you are in a pinch and need payment processing on short notice we are always available to rush your application.

I am asked this question daily by businesses owners currently processing and most often we offer considerable savings on the rate alone. Having an open mind to new solutions and technology can also provide entirely new ways for you to operate. We have helped numerous merchants change the way they do business by offering products that were once cost prohibitive or were not made available to them by their current processor. I would like to share with you the scenario that I was most recently able to help with.

This week I helped a gentleman with a custom cabinetry business and I feel that this solution will cross over to numerous other business owners as well. He has been in business for over 5 years and has always phoned his transactions in. Industry wide, if you are doing a fair amount of volume, this is the most expensive way to process a card. We went over a few recent statements and assessed all of his rates and fees. His current provider let him know that the only other option was a $950 wireless terminal or he could lease it for $70 a month. We offer the same for MUCH less, but an option most do not consider, “Do you take your laptop with you?” Yes! If you have internet access you have a wireless terminal already. For a fraction of the cost of a terminal, we provided a processing solution that allowed him to swipe the card on location and experience considerable savings on equipment, time spent key entering transactions, monthly fees and the best rates in the industry. Regardless of the state of the economy it is always a good business decision to cut expenses and increase productivity. He was happy enough with the set up to refer others providing the same service. Everyone is pulling together; I felt it was a testament not only to the service we are providing but changes in all of us as individuals when someone refers their own competition to a service that will save them money.

So if you attend trade shows, swap meets, do any type of in home service, have a tow truck or road side assistance, what ever product or service you offer, if you have a laptop with internet access – I can help you make that your wireless terminal. What ever your needs may be we pride ourselves providing the best rates in the industry and the highest level of customer service, let us know how we can help!

Are you a current business owner looking to save money during these challenging economic times? Here at Best Merchant Rates we have had a large increase in business owners with the same need. And in response to this need we are offering one flat rate for all existing businesses who are currently processing with other merchant processing companies, we are offering Large Corporate Pricing to all of our existing businesses irregardless of how much volume they are doing. And we are offering the absolute lowest rate of .49% from the start without any of that crazy back and forth rate comparison that other companies do. We have an entire team that is trained and dedicated solely to the needs of existing merchants who are in serious need of savings!

After doing a lot of researching I have come to learn that Tiered pricing is a word in the credit card processing industry that is very vague. They tell you that you will be charged 1.67% for debit cards. But what they aren’t telling you is that you will be paying 2.08% to 4.99% For every other card. “So what if people don’t use their debit card?” Well then the processor will being charging me, the merchant, more money because someone else is getting the rewards on that card.

Then I heard of Large Corporate Pricing. What is Large Corporate Pricing? A very simply method of credit card processing which makes your pricing easy to understand. They pass through to you (the merchant) the whole VISA & MasterCard rates, and just add their mark-up.  So you get the wholesale price and the same mark-up everytime!  You always know what you pay.

If I can give anyone any kind of advice that is looking into merchant processing STAY AWAY from TIERED PRICING.  Until the credit card company can give you an exact detailed accounting of how they determined which cards were applied to which Tier, you are at their mercy.  I believe the best program in the industry is going to be Large Corporate Pricing. It is made for me and not the processor.