Grow your small business in Chicago by accepting credit cards with BankCard POS!
Almost everyone realizes by now that there are some serious advantages to accepting credit and debit card payments in your business no matter how small your business is. There are not many better ways to grow your business in Chicago than giving your customers many different convenient ways to pay you.
BankCard POS has been specializing in helping small business owners in Chicago save money at the point of sale while helping them grow their business through our free website and internet marketing programs. We use our vast experience in the POS system and credit card processing industries to help our merchant partners avoid potential problems with their merchant accounts and POS solutions. We work hard to earn and build upon our reputation in Chicago as a merchant service company that cares about their merchant partners and keeps their rates and fees as low as possible while providing the same top of the line customer service that we have become known for.
BankCard POS is a credit card processor that has partnered up with several merchant banks, so we are authorized to set up a merchant account for your small business with the bank that is able to give you the best rate for your business type and size. We manage everything in regards to your POS System and merchant account, so you only have to make one phone call should you have any questions, concerns, or issues. We also help handle any potential disputes with issuing banks or credit card issuers should there be any charge backs or instances of fraudulent payments. We do charge Interchange Plus Pricing, because we feel that it is the most transparent and honest form of pricing for credit card processing merchant accounts.
Now, we can get you set-up to accept payment from American Express and Discover as well, but those brands provide their credit cards directly to consumers and handle their own disputes and customer service related issues.
Get started with credit card processing! Call 844-538-3576 for more information!
Call BankCard POS, if you want information on the different merchant account options, or sign up now with our “friends & family” plan, which is one of the cheapest credit card processing options available to small businesses across the states.
You will need to decide how you will like to process credit card transactions, whether it is through your mobile phone, online gateway, tablet, IPad, Android, credit card processing terminal or through a POS System.
You will be charged different rates depending on how you process the credit card transactions and the type of credit card that you are accepting. You can see the Visa Interchange rates here. Every processor like BankCard POS charges a markup on these rates to provide the customer service and process the transaction. Interchange is our cost for processing the transaction. We can break down your credit card processing statements and show you the exact markup that your credit card processor is charging you for free, because we want to lower your rates and earn your business. Our interchange pricing rates makes us the most affordable credit card processor in the industry.
When you are presented with a credit or debit card for payment you can process the information on the card by swiping the card through a card reader, inserting an EMV credit card into a terminal, or keying the information in. How you enter the credit and debit card information and submit it to the issuing bank greatly affects the rate that you are charged. BankCard POS has industry experts in Chicago that have been in the credit card processing service business for almost 20 years and that brings experience that is hard to match. The credit and debit card transactions will be processed within a couple seconds and an approval or denial code will be generated to let you know the status of payment
Our POS experts will show you how to avoid common mistakes and help you learn everything about your merchant account including the rates, fees, charges, rules, regulations, and best practices; like comparing the ID to the signature on the card and the face in front of you.
It’s important that you don’t process duplicate transactions or establish a minimum or maximum limit on credit and debit card transactions, because Visa and MasterCard regulations state that you must accept credit cards for any size transaction.
It is also important to note that it is against Visa and MasterCard Regulations to charge a credit card processing fee to your customers and penalties can be handed down. We can also make sure that you aren’t showing too much information on your credit card receipts as different states have different laws on the subject. Our POS experts will show you everything that you absolutely need to know when accepting credit and debit cards as a form of payment for your small business, so you get the best rate and avoid any complication or stress from just trying to get paid.
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