Disclosure: This post is sponsored by Merchant Negotiators.
Did you know that the average small business pay an average of 3.4% in credit card processing fees? That could be anywhere from $25 up to $2500 where sales range from $2000 to $200,000. I think that is crazy that a small business owner is loosing so much money to fees that are basically out of their control. Or are they?
A new website has launched called Merchant Negotiators that searches 40+ processors and compares prices instantly. In just minutes companies can save thousands and thereby increase their profits.
So how does Merchant Negotiators work?
Merchant Negotiator pre-negotiates the best deals from 40+ trustworthy processing companies and calculates the best deals.
So when the small business owner signs up, the site will search the various credit card providers, compare quotes and pick the best choices all behind the scenes in a matter of minutes. Owners can browse a few different credit card processing companies on their own time right on their screen.
Small business owners can choose what they are looking for:
- Cheapest
- High-Risk – perfect in a high-chargeback industry
- Industry specialist – usually good for healthcare, legal, petroleum or a restaurant
- Transaction Type – mobile, eCommerce, Contactless cards, accepts tips or deposits
- Unique Features – such as Quickbooks or android compatible
- By Business Type – good for a startup, small or nonprofit business
While I don’t run a small business myself I do have to deal with fees I incur from taking in money from my own website and it sucks. I am all about saving money and I assume a small business owner would want the same. I know some of my readers might own their own small businesses or know friends and family that do, and I hope that a website like Merchant Negotiators can help them. From what I have read, Merchant Negotiators seems like you have nothing to loose. It is just a request for information basically and it is a free service to use. Merchant Negotiators even offers hidden charge protection and free lifetime statement analysis to make sure the user is paying the rate they initially agreed and expected to. They make their money as an affiliate would over the lifetime of your account, so basically they want their users to be happy so they can continue to make money off them.
If you are a small business owner, visit Merchant Negotiators to learn more or share the site with someone you think would want some extra money in their pockets! Here are some reviews of companies from Merchant Negotiators that explain fine print fees and customer service information.
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