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Turn Your Credit Card Processing Into An Investment

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Does your credit card processor offer the value you need to count as an investment instead of a drain on your bottom line? Our panel of experts, including Matthew Mabel of Surrender, Inc., discuss what you need to know to make more money and get more value, today.

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Turn Your Credit Card Processing Into An Investment

  1. 1. Turn Your Credit Card Processing Fees Into An Investment
  2. 2. WHAT IS YOUR PROCESSOR NOT GIVING YOU?
  3. 3. Why We’re Talking About Processing What You Don’t Know Can Hurt You Necessity: Restaurants need solutions that will help them serve their guests. Value: There is more a processor can do for your business than accept payments.
  4. 4. What Does a Processor Do? • Submits the request for payment to the card issuing bank • Handles responses • Forwards information through clearing and settling of payment
  5. 5. Are you seeing a return on your investment in processing? With fees that often range from 2-3.5% of the bill, business owners report spending tens of thousands of dollars on credit card fees.
  6. 6. What Does This Mean for Restaurants?
  7. 7. • Debunk the misconceptions • Educate yourself • Understand data • Ask questions • Invest wisely 5 Things You Can Do…
  8. 8. Q WHAT IS THE BIGGEST MISTAKE BUSINESS OWNERS MAKE WHEN CHOOSING A PROCESSOR?
  9. 9. Common Misconceptions The rate they quote you is the rate you pay Processors are not trustworthy They add no value to my business
  10. 10. Q HOW DO I CHOOSE THE RIGHT PRICING STRUCTURE?
  11. 11. Choosing the Right Pricing Model… INTERCHANGE PLUS … has an impact on your bottom line ENHANCED RECOVER REDUCED (ERR) TIERED
  12. 12. WANT TO KNOW MORE? DOWNLOAD THE FULL WEBINAR http://bit.ly/processingondemand
  13. 13. Start Making Better Decisions For Your Business

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