Merchant Account Reimbursement | No Fees Credit Card Processing
Tired of paying high credit card processing rates? The Transaction Group (TTG) offers a no fee merchant account solution!
Today, people prefer to pay for products and services with credit cards rather than cash. It’s simply a convenience that consumers expect. And, when consumers are incentivized for using their ‘rewards’ cards, it’s a no brainer for them to pay with plastic.
But for businesses, there’s a cost. Credit card processing rates are determined by the type of transaction as well as the type of card used in the transaction. When rates reach or exceed 4%, businesses take a big hit to their profit margin.
Of course merchants do not have to accept credit cards. But the option to forgo merchant account services simply to have no fees is a trade off to potentially losing sales from customers that insist on paying with credit cards.
No Fee Credit Card Processing
With TTG’s merchant account reimbursement program, businesses now have the ability to take credit cards and actually have no credit card processing fee.
Merchants can offer customers the option to pay with a credit card as long as they’re willing to accept the merchant’s surcharge or fee associated with that option. Merchants can set the fee up to 4%, and pay no fee themselves for processing credit card transactions.
The program was designed to serve the needs of taxi or cab service companies as well as other merchants whose customers are less sensitive to paying a fee or surcharge.
Since 2004, TTG has been assisting businesses with their business financial needs. In addition to merchant accounts, we offer services that are beneficial to our clients such as:
Chargeback Protection – Regardless of how diligent merchants are in taking care of their customers, chargebacks happen. And a chargeback ratio as low as 2% can be high enough to have a merchant account terminated. Prevent disputes from becoming chargebacks with chargeback protection.
Merchant Cash Advance – Sometimes businesses just need some extra cash, but a business loan from a bank is out of question. With a merchant cash advance, business can get the capital they need fast and easy. Flexible repayment terms and the ability to use funding for any purpose are just two of the great benefits to the merchant cash advance program.
Get Started Now
If you’d like to set up a no fee credit card processing solution for your business, or are interested in our other service offerings, contact TTG today!
We work with all business types including high risk and merchants with bad credit.
In most cases, approvals for our merchant account reimbursement program take 2-3 businesses days. We look forward to working with you!
Need immediate assistance? Complete this form or call us today at 888-383-8056.