It is axiomatic to regard merchant account service providers with low pricing as deceptive enterprises with notorious tactics ready to exploit loopholes they keep hidden in drudgery contracts. Since the advent of e-commerce and the necessity of third-party payment processors, businesses interpret more or high pricing as better or premium service.
Debunking the Myth
Merchant accounts are not as expensive as they are cut out to be. The returns from increasing sales greatly outweigh the cost, turning this seemingly substantial operation cost into a profitable investment.
The notion that high pricing equates to premium service is entirely a fallacy. Merchant account providers who have competitive pricing offer excellent services as well. You do not have to dig deep into your pocket to digitize your business, and here is why you should choose the lowest price merchant services:
Low pricing encapsulates flat-rate pricing as well. With flat-rate pricing, forget about hefty account monthly fees and PCI compliance rates. Flat-rate pricing is easy to analyze. The low pricing enables you to extrapolate the monthly payments, as there is little to no variation in the processing rates.
Small business owners, as well as large corporations, can make estimates of the monthly fees and budget for it, long before payments are due.
Zeroing in on What You Need
Low pricing is more times than often synonymous with packages that do not encapsulate all of the services in the market. But guess what, you do not need them all.
Digitizing your business into one that accepts credit and debit cards does not require you to buy services that will not profit your enterprise, which is a familiar narrative with providers who attribute their high pricing to additional features that add no value to your business operations.
All you need is a merchant account provider who can efficiently manage your POS accounts and process transactions in a timely and secure manner. A provider that offers low pricing without compromising quality service.
For more information, contact us.