With each passing year, Americans’ collective reliance on credit cards and debit cards for transactions only continues to increase. A 2018 report indicated that roughly 30% of all transactions use cash as the payment instrument, meaning 70% (and likely an even larger percentage in the time since this study) use some other method – with card payments high on the list.
At Merchant Card Advisors, we’re proud to offer credit card processing solutions that work for everyone from high-risk merchants to a variety of small businesses, allowing you to meet this increasing demand for card payments in ways that benefit your business. We’re confident our services stack up extremely well against our competitors in this sphere, and we recommend all our clients do the proper due diligence when selecting a payment provider – with that in mind, here are a few important factors that make all the difference when it comes to a payment processor, plus how we stand apart from others in the industry in these areas.
Great Service
First and foremost, businesses that derive any significant amount of their revenue from credit card payments absolutely need a credit card payment processor that provides fast, responsive service. Many businesses rely on their E-commerce sites to take payments on a daily basis, including some where even an hour or two of downtime where the site isn’t taking payments can be enormously damaging.
In these situations, you can’t just pivot to cash or a paper check like a brick-and-mortar store would. Rather, you need a CC payment processor who will get to work solving your issue immediately, returning your communication and working with you directly to solve the issue. We won’t rest until your payment gateway is back up and running anytime there’s a minor issue – issues which are uncommon due to our strong software, which we’ll get into momentarily.
Electronic Invoicing Formats
It’s the year 2020, and you simply should not be considering any payment processor who does not have the capability to send electronic invoicing and other correspondence formats. Your customers need to be able to make payments easily online, plus they need to be able to follow embedded links to a payment provider.
Software Integration
Finally, it’s vital that any payment gateway provider you work with is able to integrate their software with previous versions you were using, whether QuickBooks or another software format. If your provider cannot do this, you’ll have to spend untold amounts of time on manual data entry, which costs valuable time and money. Our software easily integrates with existing systems, saving you the time and hassle that come with such manual entry.
For more on the important qualities to look for in a credit card payment processing service, or to learn more about our payment processing solutions, speak to the staff at Merchant Card Advisors today.
