Blindbid

Ripped Off: How Credit Card Processors rip off small business.

The Top Processing Schemes

Ripped Off 

The inside secrets about how the banks rip your business off on your credit card processing and the steps you can take to protect your business.  

1.  The Incredibly Low Teaser Rates - 

Fact: There is not one Visa/Mastercard rate. Visa/Mastercard list their rates, called interchange. The interchange schedule have over 300 rate categories.

Solution: Demand to see a schedule of rates.

2. Enhanced Billback –

Processor promises low rates and then adds high surcharges for non-qualifying transactions.

Fact: Card Types and Transaction types (swiped or key in) qualify at different

Visa/Mastercard Interchange ...


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