Financially Simple

How Business Owners Can Evaluate Their Credit Card Providers

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Sinopsis

Running a small business means having a merchant account with a service provider, and along with that the often-overlooked pitfalls of such services, bank card transactions, and fees for business owners. Justin and Harold Freedman of Merchant Services and Consultants LLC go over some of the common misconceptions and mistakes business owners have about Merchant Services, and how to avoid those mistakes.  Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! ARTICLE TRANSCRIPT:  BLOG: Credit Card Processing Fees - How to Get the Best Rates   TIME INDEX: 00:32 - Credit Cards and Other Merchant Services - How Business Owners Can Evaluate Their Provider, with Harold Freedman 02:45 - Bank Cards 101 03:25 - The Most Common Misconceptions of Bank Card Processing 06:57 - How to Evaluate Rates for Merchant Services 12:31 - Bucket Pricing 17:56 - Other Problems to Beware of 21:29 - How Often Should You Evaluate Your Fees? 24:16 - What Is the One Question Business Owners