Should I get integrated credit card processing through the technology vendor, use my existing merchant services or get merchant services through my bank?
Depends on the technology provider. If they have an established relationship with a number of different processors they can most likely guarantee to get you low rates and even meet or beat any existing service you have. Most importantly is their on-going support and technical service. If you have integrated credit card processing in your POS system and that system is fully supported by your technology vendor, you have a single point of contact to resolve any and all issues that relate to processing credit cards. If one vendor has the POS system and another vendor the credit card processing, getting them to work together will be problematic. Even if overcome initially, if problems later arise (and these are BIG problems if they happen because that is your money that you are not getting) one vendor pointing to the other saying the problem is, Not me, it’s the other guy , and the other guy doing the same thing, is NOT a solution for you the retailer.
Related Questions
- As a credit card merchant or service provider, we are required to have regular external scans by an approved vendor. Can Netcraft provide this?
- Does my organization need to integrate any technology into our existing infrastructure to use HedgeHogs services?
- What does a merchant services provider (also called a credit card processor) do?
