WHY PROCESS CREDIT CARDS?
Have you ever lost a sale because your customer could not pay in cash and you didn’t have the ability to process their credit card? How many people do you think might have chosen to go to “that other restaurant where they won’t need to bring enough money to cover the check”? Are you missing out on those large parties and high-running checks because you haven’t gotten with the times and started accepting Visa, MasterCard, Discover and American Express?
If any of this sounds familiar then you MUST act now and get yourself a Merchant Service account before you lose any more vital sales! Potential customers are looking for quality food, fast, efficient service, and above all convenience. Don’t scare away patrons by making it harder for them to pay you. At Process For Me we specialize in getting you set up with a restaurant merchant account no matter what your situation is. We can help you to process Credit, Debit, and Gift cards in-store, online, and via telephone.
WHAT TYPES OF FOOD SERVICE NEED MERCHANT ACCOUNTS?
We work with every type of Food Service:-Take-out
-Bar and Grilles
-All you can eat/ Buffets
-Specialty Shops…and more!
WHAT DO YOU NEED TO GET STARTED?To begin your merchant processing account, you should first speak with a representative who can help you determine the right fit for you. You can start this process here by filling out this quick form. Once you have spoken with a representative you may be asked to supply a variety of documents this include but are not limited to: bank statements, your refund policy, credit scores, account statements, two forms of identification, your last merchant account documents (if any), and other business related information. If you do not have a credit card terminal already, you will need to consider which terminal is right for you.
If you will be processing the credit cards in person, you will probably need an ARU, or automated response unit. This means you will be manually swiping the credit card or keying in the numbers in order to process the payment. If your customers will be paying online you will need to set up a Payment Gateway in order to allow credit purchases to be made via web browsing.
HOW DO I GET THE CHEAPEST RATES?
Your rates are determined by a number of different factors, some of which are within your control. Your rates will vary depending on your credit score, credit history, past Merchant Service history, length of time in business, as well as how you will be processing the credit cards. When processing the credit cards in person, you will receive a lower rate than when processing cards online. This is due to the perceived risk factor involved in accepting payment via internet. There are other contributing factors which can classify your business as high or low risk such as the type of product or services you will provide. Food establishments will always qualify for the lowest possible rates well below 2% in most cases.
HOW DO YOU KNOW YOU ARE GETTING THE BEST RATE POSSIBLE?
When comparing credit card processing companies it is important to do your due diligence and shop around. You should contact a few different providers and talk to other business owners about the Merchant Service that they use. It is a good idea to find out if they handle the merchant processing for other companies similar to yours. It is of vital importance that you find out about any hidden fees or variable rates. Know all of your costs upfront: Is there a monthly minimum fee? Charge-back fee? What is the transaction fee? Etc. The more informed you are the more confident you can be that you are getting the lowest rates possible.
WHAT ARE YOU WAITING FOR?
Whether your business is large or small we can get you set up with a terminal and MS account to meet your processing needs. Choose from mobile phone, wireless, dial-up, and/ or virtual terminals to make receiving credit payments as easy and hassle free as possible for your business and its patrons. Our competitive rates, low monthly fees, and willingness to take on high risk and low risk accounts make us the perfect solution to your payment processing problems! Click here to get on your way to accepting Visa and MasterCard’s today!