Changes in the economy have forced adjustments in credit card processing industry and SkyBank Financial guarantees it’s clients can save up to 15% in credit card processing fees by arming themlselves with a little industry knowledge.
/EINPresswire.com/ August 12, 2012 (Miami, FL) – Credit card processing companies are finding it necessary to adjust their set fees and pricing in order to move forward with the economic changes. Although they are a more silent entity to the world of sales, most sales (an estimated 75% of quick service food transactions and 90% of internet sales) would not even occur without a credit card processing company behind it.
As all types of businesses adapt to the ever-changing economic client, credit card processing companies have cut their fees and rates in order to compete. For small businesses like restaurants and retailers this is good news. While everything else in your business may seem to be going up in price, credit card processing companies are lowering their prices just to stay in business.
SkyBank Financial, a leading payment processing company in Miami is competing by offering clients a free analysis with no obligations. When signing up your small business for new credit card processing services, SkyBank Financial offers this free advise:
1.The credit card processing company should offer a no obligation consultation and analyze the needs of the business before offering any plan.
2.Buying terminals, card swipers and other equipment is much more cost-effective than leasing it.
3.Make sure the credit card processing company follows current data security standards.
4.Choose a company that is a direct payment processor to save the most. They do not have to deal with a third party, so the prices are typically lower.
5.Look for a credit card processing company that operates off of wholesale interchange pricing.
With all these things in mind, SkyBank says a small business can save up to 15% a year on credit card processing services; a cost that some experts say can amount to over $10,0000 a year. This is money that today can be better used to grow your business and positively affect the economy.
“The Fact is that many credit card processing companies are not direct payment processors. Since they deal with a third party in every business transaction, they are not able to lower their overall costs,” says Thomas Aronica, President of SkyBank Financial, a Miami-based credit card processing company.
SkyBank Financial is one of the few companies in an over $40 billion a year industry that is able to work as direct payment processors. “We know that we can provide lower rates for customers, especially those working with companies that are not direct payment processors. That’s why we’re offering the free advise and incentive.”
The incentive Aronica is referring to is the unique approach his company is taking to new business. SkyBank Financial is offering a free iPad to companies if they take them up on their free consultation, and still can’t save them money on their current plan. They are basically so sure that they are willing to bet on it-offering the ever so popular Apple iPad (which incidentally can also be used to process credit cards wirelessly) as an incentive.
They also offer clients great advise once your plan is set up so that clients can continue to be smart and keep costs down per transaction. For instance, when consumers give you the option of credit or debit, train your employees to choose debit which in turn lowers your interchange rate. In addition, discourage employees from manually entering credit card numbers that can also increase your fees.
About SkyBank Financial
SkyBank Financial is a Florida credit card processing company dedicated to one goal: the creation of economic value for our stockholders, employees and merchants. The company offers direct payment credit card processing services to businesses all over the United States. For more information regarding their services please call 1-(800)-718-0446, or visit www.skybankfinancial.com.
Denise Galvez
Go To Marketing
305 505 1616
http://www.gotomarketinginc.com
PR Courtesy of Online PR Media
