Negotiating a payment processing contract is a chore that no business owner wants to endure. Even worse, though, is having to do it over and over again. Unfortunately, this is the situation that far too many business owners find themselves in. At SwipeSum, we want to protect your business from any changes in your payment processing contract.
Negotiating a payment processing contract is a chore that no business owner wants to endure. Even worse, though, is having to do it over and over again. Unfortunately, this is the situation that far too many business owners find themselves in.
The pain that comes with renegotiating processing contracts is a sad side effect of the lack of transparency in the industry. Even if you’ve maintained a relationship with your processor for years, there is always the chance that pricing will change. Take Square, for example, which announced an adjustment to their pricing earlier this week, changing rates from 2.75% per transaction to 2.6% plus $0.10 per transaction. The change might appear small, but many business owners are now facing hundreds in card processing fees that they hadn’t anticipated paying as a result.
At SwipeSum, we want to protect your business from any changes in your payment processing contract. That’s why we offer our Rate Lock Guarantee as part of SwipeSum Premium Services. Basically, if you find our payment processing solution through SwipeSum, we guarantee that your rates will never increase. If your processor attempts to renegotiate your contract at an increased rate, let us know. We’ll find a way to keep the rates you’ve always enjoyed.
In many cases, we’ll be able to keep you with your current processor if we negotiate on your behalf. But if your processor simply won’t budge, we’ll do the legwork to find another processor to take their place. We’ll even make sure that the solution we find matches your existing solution as closely as possible.
If you are facing a tough contract negotiation with your payment processing provider, don’t hesitate to reach out to the payments experts at SwipeSum to help! Call (314) 390-1461 or email email@example.com today.
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