Scam – The Fake Flat Rate

MerchantProcessingNMScams Against MerchantsLeave a Comment

I recently spoke with a new business wanting to set up credit card processing. He wanted to compare us to another company that gave him a quote with a flat rate of 1.89% and $.19. The rate was, obvious to me but not obvious to a rookie, only for qualified transactions. I knew it was too low for rewards cards, corporate cards, and keyed-in cards. … Read More