Recently I took on a client that had been processing with her bank for more than 15 years. She is now saving over 15% on her fees. On top of that, I am able to provide exceptional customer service.
One of the reasons that I started PayProTec Ohio was to help business owners grow their companies by saving them money on their credit card processing.
Banks have been soaking local merchants for too long and now they are using new payment standards to continue the onslaught.
Here’s one way: we’ve discovered that when banks send retailers who are not EMV compliant the bills for fraudulent transactions, often they send every single chargeback… including the ones the retailers were not liable for.
http://paymentsjournal.com/Page.aspx?id=29324&terms=banks+soak+merchants