Choosing A Payment Processor

Believe or not, even in today’s environment of 24/7 digital overload, selecting a payment processor does not have to be a long and difficult activity.

Yet, doing a little homework up front will make the selection process easier and hopefully headache-free in the long run.

It’s important to first understand that depending on the nature of the industry or business, the requirements can differ. Here are some questions to consider when choosing a partner to support your organization’s payment processing needs:

  1. What is the company’s reputation? As with any vendor, you will want a payment processor with a solid customer service track record.
  2. What are the recurring fees or one-time set-up costs?
  3. Are there any limits on transaction size and frequency? Exceeding either the limit the prospective processor imposes or the frequency of transactions could very well end up costing your organization money down the road.
  4. What is the estimated set-up time? Keep in mind that this can vary, depending on business type and size.

Make a Smart Decision

BillingTree’s Payrazr virtual terminals are online alternatives to traditional physical credit card terminal or Point-of-Sale (POS) machines. They are software applications hosted online and can be accessed from any Internet connected web-browser anywhere, anytime.

This full spectrum of mobile and Web-based payment processing solutions delivers customer self-service as well as timely, targeted communications via text, email or the Web. As a result, your organization can enhance customer service while building lifetime brand loyalty with your customers.

For more information about BillingTree’s credit card processing solutions, check out our website today.