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.
Additional Services
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!
Recent Blog Posts
Credit Card Processing Online CBD Sales, EU EEA
Credit Card Processing for Online CBD Sales in Europe (EU & EEA) Are you in need of a credit card processing solution for online CBD [...]
Hawaii Marijuana Dispensary Credit Card Processing
Hawaii Marijuana Dispensary Credit Card Processing Are you ready to stop operating as cash-only and get set up with credit card processing and banking services [...]
Hawaii Marijuana Dispensary Merchant Account Services
Hawaii Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in Hawaii and looking for merchant account services [...]
New Hampshire Marijuana Dispensary Merchant Account Services
New Hampshire Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in New Hampshire and looking for merchant account [...]
Rhode Island Marijuana Dispensary Merchant Account Services
Rhode Island Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in Rhode Island and looking for merchant account [...]
Connecticut Marijuana Dispensary Merchant Account Services
Connecticut Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in Connecticut and looking for merchant account services to [...]
New York Marijuana Dispensary Merchant Account Services
New York Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in New York and looking for merchant account [...]
New Jersey Marijuana Dispensary Merchant Account Services
New Jersey Marijuana Dispensary Merchant Account Services Do you own or manage a medical or recreational marijuana dispensary in New Jersey and looking for merchant account [...]
Are you shopping for a better rate? Let us save you money!
Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!
Why do businesses choose to work with The Transaction Group?
- We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
- We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
- We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
- We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
- We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
- We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.
