Credit Card Processing Rates – Are You Paying Tiered Pricing or Cost-Plus Pricing?

Ginger HollowellUncategorizedLeave a Comment

Credit Card Processing Rates

Tiered Pricing With this pricing format, the processor throws all transactions into three buckets with only three rates. Generally, one bucket is for swiped transactions, one for keyed transactions and rewards cards, and a third for business cards or keyed-in rewards cards. The buckets are called qualified, mid-qualified, and non-qualified. This pricing system allows for an easy to understand merchant statement because there are only … Read More

Creating the Right Culture in Your Business

Ginger HollowellSecrets of SuccessLeave a Comment

I am going to credit this success tip to Rob Weinstein, co-owner of Event Rental Systems (ERS).  We recently attended a seminar with their clients in Albuquerque, NM.  ERS is a software company with a product for businesses that rent equipment and want to take bookings online. Rob hired a business coach who spent two full days with him and his partner, Corey, establishing their … Read More