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7 Ways Businesses Can Reduce the Cost of Accepting Credit Cards

Understanding your merchant service program will save you money.   Here are 7 ways to reduce the cost of taking credit cards:

1. Review credit card programs yearly...
2. Read your merchant service contract carefully and look for hidden fees. Understand your pricing program.  Always be asking, “Is this the most economical way to process credit cards for my business?”
3. Know you actual cost vs. stated or quoted cost.  To find your actual cost divide total processing costs into the amount of dollars processed...
4. Are you getting a check card rate?
5. Accept or encourage PIN based debit cards in your business... 
6. Keep all required documentation and signed sales slips...
7. Your representative is your best source of information and pricing protection...

A informed business owner coupled with a  professional representative is a winning combination in controlling the cost of accepting credit cards.

Call Gary Gleason, your Southeastern United Bank Card Representative toll-free at 1-866-568-7657, or on his cell at (843) 301-2097.