Let’s face it, accepting electronic payments is an absolute must for businesses that wish to remain competitive in today’s economy. Once the only acceptable form of payment, cash has become increasingly less popular as customers opt for more convenient, and some may argue safer, forms of compensation, such as credit cards, debit cards, and echecks. And businesses have been working hard to meet that need. But, it comes at a substantial cost. Percentages charged by the credit card companies, transaction processing fees, and the cost of transferring payments to your bank account all serve to eat into your profits. But, there are steps you can take to protect your bottom line.
At Merchants Bancard Network, Inc. (MBN), we work hard to save our customers money by streamlining each account. Because we design merchant credit card processing plans that are tailored to your specific needs, you aren’t paying for services you don’t use, effectively lowering your rate. Additionally, our highly knowledgeable associates will help you implement measures that increase customer satisfaction while avoiding the added costs of chargeback and penalties.
Understanding fees and charges
Clear understanding of merchant fees and charges is essential toward making informed business decisions. However, some merchant payment processor companies are reluctant to break down their costs, spelling out the fee for each individual service. At MBN we don’t play games. We believe that total transparency is the best way to do business, and treat our customers accordingly.
There are no hidden fees on our easy to understand statements. Furthermore, when you call to inquire about an account, our expert representatives will provide you with detailed information, including applicable account limits and the lowest credit card processing rate we can offer. We are confident that you won’t find a better rate at any other reputable merchant payment processor.
Process more transactions for less
If you are looking for a quality payment processing provider, who can offer you the best credit card processing rates for your business’s transaction volume, look no farther than MBN. Whether you own an ecommerce company or a brick and mortar retail establishment, your business cannot reach its full potential without the services of a qualified merchant services firm. Contact a representative today to find out what we can do for you. And be sure to ask about the industry changes for 2015, including the introduction of EMV cards.