With credit card processing, the more you buy (in this case, bill), the more you can save on transactional fees.
Your Merchant Guru can match you with the plan that best suits your needs once you meet a certain threshold of monthly billing. If you’re billing under $1,500/month, it makes sense to stick with public platforms such as PayPal, Google and Square. Once you’re over that limit, your can easily make up the standard credit card processing fees with rate and fee savings.
If you’re a bookkeeper, banker or CPA, Your Merchant Guru can help you bring added value to your clients. Imagine how impressed they will be when you look at their books and determine they might be paying too much for credit card processing. We understand the importance of a personal referral. See the testimonials page to learn more about the trust we have built with clients over the years.
Wholesale rates are ideal for:
- Merchants on a higher interest tiered-rate program.
- Any merchant: wholesale or “Interchange Plus” programs generally offer the most competitive rates.
Mary’s bookkeeper referred her to Your Merchant Guru. She was confused by all of the credit card processing offers she had received and wanted honest advice on how to compare apples to apples. In most cases, the tiered rates or bait-and-switch rates she was offered were not the ones she would receive because her volume was too low.
After we explained what wholesale rates were in comparison to the tired program offers she was receiving, we explored solutions that didn’t involve the added monthly cost of a merchant account. We gave her some free education on how credit card companies (and brokers like us) make money, and offered recommendations on how she could take control of credit card processing to grow her business. She appreciated the advice and thanked her bookkeeper for the introduction.
A year later, she called Your Merchant Guru again. Her monthly sales had increased to the point where our credit card solutions made sense. We found the plan that was right for her. A year after that, her sales had blossomed to the point where one of our other plans made sense. She also began to accept mobile payments through her three sales representatives in the field.