October 4, 2012 |

Credit Card Processing Companies

By Jeffrey Freehof

Credit card processing companies call almost every day trying to “save me money”. How do I know who’s legitimate and who’s trying to rip me off?

I know it’s enough to make your head spin. About every six months, I give a real close look at a couple of companies that are known to have a good reputation. Credit card sales are not something to be taken lightly since they make up a big part of our sales. Give them your volume and make them quote rates without seeing any statements. If they’re not willing, they’re not worth the consideration. They will all claim to undercut who you have now — but they won’t necessarily keep their word.