These tips from A-AAccess Merchant Services can help reduce your costs!

Before you sign a contract

Ask about mid-qualified and non-qualified rates.
Credit card processing companies advertise their lowest qualified rates, and they may not volunteer their mid-qualified and non-qualified rates unless you ask.

Read the fine print.
Before entering a credit card processing agreement, read the fine print carefully. Make sure you understand all the fees involved.

Look for a partner, not a processor.
As you evaluate credit card processing companies, look for a provider who will work with you to facilitate changes and growth in your business. At A-AAccess Merchant Services, dedicated account managers are there at every step of the way, helping merchants streamline operations and reduce overall costs. 

Once you’re processing

Know your customer base.
Study your transactions. What kinds of cards do your customers prefer to use? Debit? Standard credit cards? Rewards cards? If you find patterns in your payments, you can look for a credit card processing company that offers low rates in the categories that apply to your customers.

Batch daily.
Once you find a credit card processing company that you wish to work with, there are steps you can take to ensure that your transactions receive the lowest interchange rates whenever possible. reduce downgrade fees.

Educate your staff to avoid downgrades.
Train your opening and closing staff on how to identify errors in transaction totals.

For more tips on reducing payment processing costs, call A-AAccess Merchant Services at 800.317.1819 today!