The fast track to credit card acceptance
You know your business inside and out. But you definitely don’t have time to become a payments expert. Payment technology should help you effectively manage your business so that you can work smarter—not harder.
How do you want to get paid?
Building out the infrastructure of your business is hard work. The rewards are many, but business dreams start coming true when you get paid. But first, you’ll need a payments partner to connect your customers with your bank account.
So how do you want to get paid?
- For no-frills payments in-store, a simple credit card terminal is often the best option
- Many high-volume businesses demand an integrated point of sale (POS) system
- Mobile card readers allow you to do business virtually anywhere
- Simple and affordable online payment solutions make customer payments a snap
- Virtual terminal solutions allow you to accept payments on your computer, by phone, manage recurring payments and more
What payment services do you need most?
Credit card processing technology has to work, every time. The price must be right, of course. But “everything else” matters too. The quality, price, reliability, and support of payment options vary, so you’ll want to think about what’s important to your business. Consider whether your business can benefit from additional services from a payments partner:
- 24/7 customer support
- Fast funding
- Safety and security to protect against fraud
- Gift and loyalty programs
What do I need to start?
Selecting a payments partner isn’t rocket science, but a little preparation goes a long way to making the process easy.
If you’ve accepted credit cards at your business before, getting a rate quote is easy. You already know the type and volume of payments you’ll be accepting. A merchant services provider can look at your existing statement and discuss competitive rates, additional features, the latest in security, and more.
If you haven’t accepted credit cards before, take some time to think about your expectations regarding payments. How many customers do you expect to serve per day? What will your average ticket be? Are you planning on selling in-store, online, on-the-go, or all of the above? Your credit card processor will need this information to build a customized quote tailored to your business.
Is it time to connect with a payments expert?
You’ve done your homework. Now it’s time to make the call. Make sure you have your important handy, including DBA name, your business bank account info or a voided check, business contact information for you and any other account managers, and social security number or employer identification number.
Some businesses can be running full-speed and accepting credit cards within one business day. So start a virtuous cycle for your business and connect with a payments expert.