If you are looking at adding credit card processing to your small business, you know you need to choose carefully. After all, having the right processor means many things, all of them important. It means you have made a wise choice for your bottom line, one that reflects the best and most cost-effective combinations of service and support with low prices on your processing. It’s also important to remember that time is money, and to consider carefully how you balance the length of time payments take to process and deposit against the costs of processing to reach the right conclusions.
Knowing you need to take these considerations into account is a little different from actually making the decision for your company, though. To do that, you need a process for breaking down and evaluating your needs when it comes to credit card processing. That means understanding which cards you should be taking and why, as well as which processors are going to offer what levels of service for you. [Read more…]