Q: Is the procedure to change processors difficult?
A: It is a painless process. Most changes occur behind the scenes and are taken care of by ACCS.
A: It is a painless process. Most changes occur behind the scenes and are taken care of by ACCS.
A: No. We can just apply to another processor with an easier underwriting requirements.
A: Contracts can usually be terminated with a penalty of $350 or less. Most often, we can have our processor issue a credit to the merchant for that amount to offset the cost to change processors.
A: Yes. This is an opportunity to get a rate review to make sure you are receiving the rates you agreed to. 75% of the time that is not the case – either the rates were not entered correctly or the agent gave false or misleading information.
A: No. Typical costs for new terminals range from $200 to $400. Even a 48-month lease for $19.99 a month equals $957 a year. Some merchants pay $29, $79, or even $99 a month.
We provide a new terminal to merchants for free. There are no annual costs, no monthly fees, and no tricks. We can also re-program your current leased terminal since the equipment lease and processing agreement are separate.
A: Once ACCS has set up all of your software, you can accept transactions from MasterCard and Visa. Discover and American Express can also be added to your machine with little or no charge (pending approval)
A: Your terminal is customized and pre-programmed for you alone. When the terminal arrives, just plug it in. Also, the software that comes with your terminal has full support. ACCS offers comprehensive support for anyone that lives within a two-hour radius of their service area of Austin.
A: There are merchant account service providers that advertise the best rates. However, your real discount rate depends on factors that every merchant service provider must follow. These factors include, but are not limited to, Transaction Method, what type of business you have, and Monthly Transaction Volume. ACCS offers a quote proposal along with a full analysis based on these factors. If you do not have a merchant account, let our analysis help guide you in the right direction.
A: Accepting credit cards is not free. When you take a credit card purchase, the following organizations all get a cut from the transaction:
Who pays these fees? Often, it is the merchant, since merchants are the ones who cannot reject credit cards. Consumers could pay using other methods, but they will leave dissatisfied. Merchants must accept credit cards so they can remain in business.
A: ACCS does not have any hidden costs. We do not prefer any one processor over the other. Because of this, we also have no incentive to charge you any additional fees.
A: Your old merchant account is kept active for the first 30 days of your time under ACCS. When you’ve received your statement for your first month, you can request to cancel the old account if you wish. If you would like to return to the previous processor, that is okay as well.
A: No. Our processors can handle the merchant accounts of most banks. Also, we have many programs for your terminal designed to fit your company. We also work with companies that many banks are hesitant to approve, including Internet businesses, mail or telephone order (MOTO) businesses, and brand new companies.
A: You would have to open a second merchant account to do that. Merchant accounts can only send funds to a single bank account.
A: Yes. Most funding from a processor should happen no more than 48 hours later (excluding non-banking days like National Holidays and weekends).
A: Most definitely. There are a lot of automated systems out there which can speed up your transaction time.
A: There is an additional fee per month to process your credit card transactions wirelessly via cell or mobile network. However, conducting wireless or mobile transactions could be saving you a lot of hassle by allowing low-risk transactions where the card is present. When you key a charge in, you could be paying a higher rate than if the card is just swiped. The amount of transactions processed will play a big part in finding the overall cost for you. It will save you time, though.
Ready to get started?
Contact our company for a free consultation. We will advise you on how to go forward with your processing systems and show you the best options available.