Merchants’’ often feel scammed and often have complaints about the cost associated with accepting credit cards from there payment processor.
A payment processor is a company appointed by a merchant to handle credit card transactions, and is usually broken down into two types: front-end and back-end.
Front-end processors have connections to various card associations and supply authorization and settlement services to the merchant’s banks’. Back-end processors accept settlements from front-end processors and, move the money from the issuing cards bank to the merchant’s bank.
In an operation that will usually take a few seconds, the payment processor will both check the details received by forwarding them to the respective card’s bank or card association for verification, and also carry out a series of anti-fraud measures against the transaction. Once the payment processor has received confirmation that the credit card details have been verified, the information will be relayed back via the payment gateway to the merchant, who will then complete the payment transaction. If verification is denied by the card association, the payment processor will relay the information to the merchant, who will then decline the transaction.
SekureCard services support merchants’ with a fast and reliable payment system that includes;
- Credit Card Processing,
- Check Acceptance,
- Fleet Card Acceptance,
- Wireless Payments
- Gift Card / Loyalty Programs,
- Online Payments,
- Mail / Phone Payments
- Business Cash Advances
As each service has a cost associated with it it’s important to understand how those fees are established so merchants’ can understand how best to make use of their payments services. Sekurecard ™ services include over 100 professional looking to keep their merchants abreast with changes, making sure right POS (Point of sales) equipment is used and that the services they provide are understood, saving merchant’s money and easing the process so they can grow their businesses without feeling scammed by their payments processor.
Please see below for more information regarding SekureCard Services, or visit us online at, www.sekurecardservices.com
Corporate Sales:
Phone: (866) 437-3189 ext.225
Email: info@sekurecardservices.com
Statement Analysis:
Fax or email your most recent statement to:
Fax Numbers: 1-888-990-9929 or 1-888-990-9932
A merchant service broker is the only way to go in this type of market. Local reps and shopping on your own is just way too time consuming and can become costly. Do like i did and let a SekureCard broker do all the work for you.
I was paying upwards of 5% for all my credit card transactions and Sekure helped save me over 1400 dollars a year. I am not here to tell other merchants what to do, but it’s worth a try. You have nothing to lose!
I recieved many visits from my local bank and the local rep who sells their merchant services and signed up for great rates. Things were great for 3 months. Next i recieved a call from their customer care dept and was told my current terminals were no longer PCI compliant and was told i needed to lease 2 new machines at 50 dollars each for 24 months. What a nightmare!!!! My rates were jacked up and now im stuck with this lease no matter what i do. 2 weeks ago i recieved a call from a John at Sekure Card who advised me that i was not stuck with these rates at all. He did tell me that i had to continue paying the lease on my 2 new terminals, but he could save me money on my rates and reprogram the 2 terminals and when i was done leasing them i would recieve 2 new terminals at no cost to me. They saved me 194 dollars per month and now the savings pays my lease fees and more.