Thursday, December 15, 2011

Where do I start if I want to start accepting debit/credit cards for my business?

We would like to start accepting credit/debit cards for parents to pay their child's tuition at our daycare center. I have never dealt with this before and am at a lost as to where to even start! Can anyone give me advice?|||It may sound easier than it sounds but you want to find an honest credit card processor


who won't rip you off.





Here on some tips on looking for one:





1) Banks usually have lousy rates:





Banks don't have the best rates because they don't have to. They usually leverage the trust


they have with a customer because they are already doing business there.





2) Bank don't process their own credit card payments.





Very few banks actually process credit cards. They simply send your paperwork to


another company that actually handles the underwriting.





3) Watch out for set up fees and contracts or termination fees.





This way if they were not being honest in any way or have lousy customer support you can leave without penalty.





4) Technology





Make sure the company offers solutions that will work best for you. There are new technologies that allow you to take credit cards from your smart phone at no additional charge.|||You would need to contact a "merchant service provider". Usually banks offer that service. There are also independent companies that offer less than a bank would normally charge. My sister used this guide book when she started her daycare business in Kentucky. See link below. Hope it will help you too. Goodluck with your business.|||I don\'t know,but I suggest you google it

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