Processing in 2022
/Processing in 2022
The ability to accept all forms of payment can make or break your business nowadays. Riverside can accommodate your needs with cutting edge equipment of all kinds and the highest quality service with a focus on savings. We have a national reach with a strong local presence, committed to helping business owners succeed!
Risk vs Reward? We GOT YOU!
There are over 1000+ type of credit and debit cards in just the United States. With this in mind, there are many different charges on your processing statement. From a Merchant Services standpoint: Debit cards pose much less risk to a transaction than credit cards, which allows us to offer 0% APR on debit transactions. The reason? Funds that are approved debit directly from the customer’s bank account straight away, unlike credit cards which can batch nightly, or days later in some cases.
Updating the ways you take payments!
Most of the time, having the card and its owner present when they pay results in the best rate. Simply put from a fraud standpoint, this is the safest way to process a payment. Some other payment methods, like hand key or Debit, carry vastly different rates. E-commerce, offline, and mail orders have a higher chance of fraud, which in exchange carries a higher interchange rate.
Do you prefer contactless payment (text to pay, invoices, or online payment), or do you take payments via a terminal in your business or at the curbside? No matter the size of your business, how you choose to take payments, let Riverside assist you with your merchant services.
No Processing Fees!?
To assist with the impact of credit card processing fees some merchants consider setting a minimum card payment amount. Another option is to pass on a surcharge fee to your customers (why pass, when you can reward?). Riverside has a great program dedicated to saving you money. The Covid Relief Program (aka the Cash Discount Program)
DID YOU KNOW? Riverside Payments specializes in getting the best rates and service for small businesses. We offer 24/7 multilingual support, no out of pocket expenses, and the ability to process with top of the line equipment.
Want to learn if you’re getting the best rates with your merchant services? Connect with Riverside Payments Specialist for a free quote here, or by calling 866-720-0644, for an obligation-free consultation.
