How to Find the Best Small Business Credit Card Processing in 2019


 Are you struggling with your New Year’s resolutions? We have one for you that's important AND attainable!

Find the best credit card processing for my small business √

After all, credit card processing is an investment that pays for itself by giving you the ability to accept credit and debit cards and create more sales opportunities. Let’s look at how you can make the most of it this year.

 

What to Look for in Credit Card Processing

#1. Fair Pricing

There’s a big difference between investing and overpaying. That’s why you should always stick with the interchange plus pricing model, as opposed to a flat or tiered rate. It’s the most transparent cost structure because it includes just two parts: an interchange fee and a processor markup, which itself consists of a percentage and a clear per-transaction fee.

#2. Variety of Payment Solutions

Between mobile wallets and mPOS solutions, mobile payments are projected to continue transforming how customers purchase from you. On top of this, online shopping and contactless payments are also on the rise. To cater to your clients and avoid falling behind the competition, your small business needs access to a variety of modern credit card processing solutions.

#3. Fraud & Chargeback Protection

Of course, your pursuit of savings and cutting-edge technology shouldn’t come at the expense of security. In fact, with so many data breaches happening these days, it should be your top priority. From encryption to tokenization, make sure your credit card processing comes with strong protection from fraud.

TransNational Payments' fraud and chargeback prevention guide

Tips for Finding the Best Payment Processor

#1. Read Online Reviews on Reputable Websites

Whether you’re new to credit card processing or looking to switch providers, always check what other customers are saying. But how do you know if the reviews are genuine or fake? It often boils down to the credibility of the review site itself. Consider using an established platform like Google Reviews and avoid those that prioritize paid listings. 

#2. Seek a Large Portfolio of Merchant Services

Don’t settle for a payment processing company that does the bare minimum. Today, a top processor can become your partner not just for credit card processing but also payroll management. 1 in 4 small business owners spend more than 6 hours on payroll taxes each month, often having to deal with end-of-year filing fees and costly errors. You can avoid that by choosing a processor who offers Full Service Payroll instead.

#3. Pay Attention to Customer Service

Last but not least, you can’t underestimate the importance of good customer service. Large payment processors are often unable to assist you right away, while some may not even offer an opportunity to speak to a real person. That’s why partnering with a company that specializes in working with small businesses is one of the best ways to get a more personalized experience and timely solutions.

TransNational Payments goes above and beyond when it comes to small business credit card processing. Over the past 20 years, we’ve earned the trust of thousands of merchants and returned the favor by providing transparent payment processing that saves them time and money.

Are you ready to make 2019 the year of better credit card processing for your small business?

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