Here's a Quick Summary
Credit Card Processing is a company that provides merchant accounts and facilitates payment for your business, regardless of its size. As a potential future client, you can count on it to process a wide variety of credit and debit cards along with numerous other features such as Level 1 PCI, iAccess online reporting, breach security, a dedicated account manager, phone support, etc. Credit Card Processing works on a monthly subscription payment method and offers a free Clover Mini to holders of higher subscriptions. At the time of writing, the company is working with more than 153,000 merchants. Here is all you need to know about it!
Why Choose Credit Card Processing
Regardless of the size of your particular business, you can choose Credit Card Processing because of its multitude of features, 24/7 customer support, dedicated account managers, and small business consultants. Apart from this, there are three types of subscriptions available, each of them suitable for different kinds of businesses and their needs. This company also processes most major credit and debit cards and offers free POS terminals to customers who pick more expensive subscriptions. When it comes to its trustworthiness and professionalism, it’s important to note that Credit Card Processing has not been involved in any legal problems so far and that it has mostly positive reviews.
What Credit Card Processing Offers - Features and Functionality
Features and Uses
- Credit and debit card processing: as we have already mentioned, Credit Card Processing is able to process payments through the most important credit and debit cards on the market right now which means that you won’t have to worry about payments not being processed, regardless of the type of business you own;
- Free POS terminal: another nice feature that many businesses can benefit from is the fact that the company offers free Clover terminals to customers who pick the Premier and High Volume subscription types. Such a terminal is not only extremely useful and advanced but also quite pricey to buy separately which makes this offer attractive and definitely interesting;
- Subscription management and failed transaction fixes: thanks to its partnership with Vindicia which is a subscription management platform, you can optimize all of your business’ subscription plans in one place which will likely increase your customer satisfaction level and help you gain even more customers. Another nice feature is the possibility to automatically fix failed transactions through Vindicia Retain, also a partner;
- The approval rates are high: last but not least, it’s extremely important to mention the fact that Credit Card Processing has very high approval rates and often overlooks lower credit scores. You will not pay extra if you have a low credit score, unlike most of its competitors who charge these businesses extra or do not provide good payment processing services just because of this reason;
- Free training: the company also provides free training for its new customers. This is aimed at how to use e-commerce solutions and POS terminals. Such a seemingly minor detail helps a lot especially when it comes to saving time and knowing how to benefit from all of the features right from the start;
- Customizable checkout: the checkout system offered by Credit Card Processing is customizable and PCI-compliant. This means that you will save the time otherwise needed to develop your own. However, if you want to implement this system, you will still need to work with the API but the good news is that the company offers a guide.
Plans & Pricing
- Flat rate plans: there are four flat rate pricing plans available a Credit Card Processing. The Starter one costs $15/month and comes with a $0.30 interchange fee, phone support, level 1 PCI, and iAccess. The Business one costs $49/month and comes with a $0.25 interchange fee, phone support, level 1 PCI, and iAccess. The Premier one costs $149/month and comes with a $0.10 interchange fee, phone support, level 1 PCI, iAccess, a free Clover terminal, and breach security. The High Volume one costs $249/month and comes with a $0.05 interchange fee, phone support, level 1 PCI, iAccess, a free Clover terminal, breach security, and a dedicated account representative.
- Interchange Plus pricing: through this program, you can pick the pricing and solutions that work best for your business. You can find all the details on the official website;
- Cash Discount Pricing: thanks to the zero-cost processing system, the merchant will no longer have to pay any processing fees and will pass them to the consumer. You will need to apply for this program and see whether or not your business is a good fit. You can do this easily on the website.
Ease of Use
Probably one of the best things about Credit Card Processing is that the entire system is very easy to use, even if you are at the start of your business journey. Plus, the company offers free training to its new customers. It is aimed at how to use both e-commerce solutions and POS terminals. This could seem like a small detail but the reality is that it helps a lot especially when it comes to saving time and knowing how to benefit from all of the features right from the get-go. Moreover, all of the features are easily accessible and you can even benefit from a dedicated account representative if you pick the High Volume subscription pack.
Customer Support
Anyone can easily get in contact with Credit Card Processing either by calling 866-931-1621 if you want to apply or its toll-free number which is 866-515-5084. As far as we know, these numbers are available 24/7 which is great if you need quick assistance from a representative. Another option is to fill out the contact form on the official website with your name, phone number, e-mail address, and message and wait for someone from the company to get back to you as soon as possible. This is also a good contact option but it’s a much slower one than calling them directly.
The Credit Card Processing headquarters are located at 128 Vision Park Blvd #300, Conroe, TX 77384, US, in case you are interested in that. Last but not least, the official website also provides a good FAQ section where you are bound to find the answers to the most basic questions that a customer could have. While this page could definitely be improved, it’s still better than nothing.
Contract Terms
When it comes to the contract terms imposed by Credit Card Processing, it’s worth noting that the company does not force its customers to become bound to it through long-term contracts, like many other competitors. Instead, as we have already mentioned, it uses a monthly subscription system where you can pick the best option for your business and pay the flat rate subscription on a monthly basis. Whenever you feel like this is no longer a solution for your business, you are free to cancel it without any early cancellation fees, as far as we know. There have been a few complaints coming from former clients that have claimed the presence of certain hidden fees within their contracts but these are isolated situations that should be first verified and not believed. Still, this doesn’t mean that you should not carefully read your contract when you decide to work with Credit Card Processing.
Conclusion
To sum it all up, we can safely say that Credit Card Processing, while not the most advanced payment processing provider, is still a viable option, especially for smaller businesses or the ones that are only now starting their activity. It comes with a wide range of options and benefits, it’s very easy to use also thanks to the provided training, and it’s also quite affordable, especially when compared to some other competitors. Moreover, the fact that it has very few online complaints, that it doesn’t have an early termination fee, and that it even offers free terminals on higher subscriptions make it worth checking out.
It’s also worth noting that Credit Card Processing obtained an accreditation from the Better Business Bureau back in 2013 and still holds an A+ rating which is a very good indicator of its overall performance and reputation among clients. All in all, Credit Card processing is worth researching and considering, especially if you have a small business or a new business that could use a simple yet effective payment processing system.