1. Don’t use your bank for payment processing services.
- - - - - Big business means big expenses. 
Big national banks and even local banks that provide payment processing services typically have the highest rates on the market and burden small businesses with a host of hidden junk fees to cover their big business expenses.  Banks rarely do their own in house processing and usually outsource the work to an ISO.  With more than one party involved, rates must be higher to make the service more interesting. Talk with an expert at  www.ogflatfee.com to start reclaiming profits for your business by working with an Independent Sales Organization directly and leave the middle man out of the equation.  

2. Don't do business without a set and locked in price for processing services. 
- - - - - Why isn't the writing on the wall for credit card processing prices?
Payment processing is not a complex service.  Processors simply connect businesses to the major card associations and ensure that the connection is maintained.  Why should businesses pay hundreds of dollars for this simple service every month?  Ask your processor if they will allow you to pay a flat fee every month above their true cost for their service. 

3. Never pay unnecessary junk fees.
- - - - - They're only good for lining someone else's pockets.
Small businesses often pay hundreds of dollars a year in junk fees to their payment processors.  If you ever see fees such as statement fees, data security fees, batch header fees, monthly minimum fees, etc., you as a business owner should know that these fees are unnecessary.  If your processor will not remove these junk fees, then find out how we at www.ogflatfee.com have done away with junk fees completely.

4. Stop paying your credit card processor with percentage rates.
- - - - - Percentage rates are like an unfair tax.
Most payment processors get paid by percentage rates that are added on above the rates already being paid to Visa/MC/Disc. These rates dramatically cut into profits because the traditional processing philosophy says that the more money a business makes the more a business should pay for this simple service.  Instead of using the percentage rate model, find a processor that charges a flat fee above their true cost month to month. 

5. Always know what you are paying month to month.
- - - - - Know what you pay and why you pay it.
An alarming amount of small business owners never know what they are paying month to month for their payment processing services.  This is because the payment processing industry keeps their clientele in the dark with confusing statements, fluctuating percentage rates, and hidden fees, which can lead to thousands of dollars in profit loss every year.
Many companies are now choosing processors that offer a fixed flat fee so they know exactly what they are paying when their statement comes in.  Your customers demand to know the price of your items and services before handing over their hard earned money, so why should payment processing be any different?  Find out more about fixed flat fees at www.ogflatfee.com.

                                     What do you think?

If you suspect that your current services violate any of these surefire rules for effective payment processing then then speak with an expert at www.ogflatfee.com for a free and secure consultation to get your company on the right track.  
Or call us any time at 877-306-7142.