Atlanta 10/13/2012 6:30:00 PM
News / Business

Don’t Pay More Than You Should for Credit Card Services

Ever buy a shaving razor at the local grocery store? The handheld plastic device is packaged like a shiny sports car atop a spinning platform. It gleams and shimmers beneath the fluorescent lights, and winks at you with an unbelievably low price tag. Sure, no questions asked, you’re in. Next step, buy some razors. Somehow, some way-- they are 4 times as expensive as the grip you just bought! What’s the deal?

Sometimes, business services are the same way. You’re reeled in by an amazing offer that’s too good to pass up. Before you know it, though, you’re paying left and right for charges you never saw coming. Credit card processing is one such service. The rates seem so great that the annual contract you have to sign doesn’t even seem like a big deal. Then, the first month’s statement comes in...

A ‘statement fee’. An ‘AVS fee’. ‘Minimum processing amount not met’. Before you know it, you’ve racked up close to $50 in charges you never knew existed. The truth, they don’t have to. One credit card processing company, Citadel EFT, simply did away with monthly fees-- so the only thing businesses pay for is the actual transactions. VISA/MC credit card transaction fees are just 1.1%, while VISA/MC debit card transaction fees are just 1.6%. Batch fees are a low .06 cents per batch.

On top of the reduction in service charges, Citadel EFT does not require merchants to sign an annual contract-- nor does it require a minimum spending amount. Businesses are left with the freedom and flexibility to free up cash flows, broaden their customer base, and increase revenues. It’s no wonder Citadel EFT has been providing reliable credit card services for over 19 years.