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So far wphost has created 33 blog entries.

Happy Thanksgiving!

We’ll keep today’s post simple.
Happy Thanksgiving from all of us to you and yours!

Wednesday, November 21, 2012|Holiday|0 Comments

Productivity Tips

Let’s move beyond credit card processing, to a goal that all businesses strive for: increased productivity. We’ve brainstormed some tips for you. If you have found any useful tips or tricks we haven’t mentioned. We encourage you to comment and let us know!

Block out distractions: You may not have thought of email, instant messengers, or your phone as a distraction, because you use these items to for important communication. You certainly don’t want to miss a call from your boss, right? Wrong. If you’re expecting a call or email, by all means, keep an eye on your inbox! But in the long […]

Wednesday, November 7, 2012|Small Business|0 Comments

…And Finally, Number 1

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company

Number 1: Your processor has poor customer or association reviews.

The best way to tell if your processor is fair is to ask their customers. Read online; talk to friends; refer to authorities on the subject. If you are part of an association, check with administration or prominent members. Reach out to your community members. Check their social media pages. Lack of traffic is not necessarily an indicator, but consistent poor reviews are a red flag.

The bottom line is that business owners must always ensure that processors […]

Tuesday, September 4, 2012|Credit Card Processing|0 Comments

Number 2

Top Ten Indicators that it’s Time to Shop for a New Credit Card Processing Company

Number 2: Your equipment or solution only works with once provider.

It’s a trap! This one is worse than Number 3 because you cannot escape without buying new equipment, or paying a contract termination fee. Read your agreements before you sign up. Your customer service representative should be able to clearly explain every item of your contract. Furthermore, the more complicated your contract seems, the more you need to have it reviewed. Credit card processing is only a little confusing by nature.

Extreme confusion is a sign […]

Thursday, August 30, 2012|Credit Card Processing|0 Comments

Number 3

Top Ten Indicators that it’s Time to Shop for a New Credit Card Processing Company
Number 3: Your processor offers “free” equipment.

It’s a trap! They lure you in with free equipment only to charge high rates and hidden fees. It always sounds like you will spend less because you will have low start up costs, but in the end you will pay for that terminal one way or another. Whip out your calculator and do the math, then start shopping.

Monday, August 27, 2012|Credit Card Processing|0 Comments

Number 4

Top Ten Indicators that it’s Time to Shop for a New Credit Card Processing Company

Number 4: You experience consistently poor customer service.
This one seems obvious, but it must be included. Poor customer service means your processor values profit more than clients. Next!

Friday, August 24, 2012|Credit Card Processing|0 Comments

Number 5

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company

Number 5: You have an unreasonable monthly minimum.

This one is also tricky. Generally, monthly minimums are indicative of high prices, and dishonest service. The exception is a situation when your processor sets you up with a monthly minimum plan because you absolutely and consistently process more volume than it takes to pay the monthly minimum. Because they set you up on this plan, they can waive or discount some other fees. This is extremely uncommon due to the nature of credit card processing rates. If your […]

Monday, August 20, 2012|Uncategorized|0 Comments

Number 6

Top Ten Signs that It’s Time to Shop for a New Credit Card Processing Company

Number 6: Your statement is confusing.

This one can be tricky. If you are adept at reading financial documents, but you have trouble with your credit card statement, demand some answers. On the other hand, if reading financial documents is not your strong suit, you may really have to concentrate and take your time, and that is okay. If your statement is impossible to read your processor is hiding something, and it is probably an enormous bundle of fees you do not know you are paying. Once […]

Friday, August 17, 2012|Credit Card Processing|0 Comments

Number 7

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company

Number 7: Your processor is reluctant to educate clients about fees and options.

If your processing representative offers only one option without first asking about your business, they probably only have one option. If they have multiple options and they only offer one, you may be dealing with a salesperson that is paid on a commission basis. Either way, steer clear of this processor. If your representative doesn’t know the answer to your question, they should be scrambling to find it. If they aren’t, their hiding something.

If […]

Monday, August 13, 2012|Credit Card Processing|0 Comments

Number 8

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company
Number 8: You do not currently accept credit cards.

This indicator could arguably be Number 1. It remains at Number 8 only because businesses which do not accept credit cards are not at risk for being over-charged.

Accepting credit cards improves your business’s image, strengthens customer loyalty, improves cash flow, lowers cost, improves productivity, increases average ticket size, etc. Being hesitant is understandable, but if you put yourself in a situation where you have to accept credit cards to survive, you won’t have time to shop. Shop now […]

Friday, August 10, 2012|Credit Card Processing|0 Comments