If you’re the owner of a growing business, then you’ve probably considered credit card processing solutions to manage your payments.  Before you take the plunge, consider the following tips before signing up with a credit card processing company.

Research, Research, Research!

When doing research on any credit card processing company, you’ll come across several options for you to chose from.  Don’t go with the first company that pops up on the first page of your search results.  Google them.  Bing them.  Check the BBB ratings in their state and check sites like to check for complaints.  A good way to check for sketchy behavior is to add the term “scam” to your search term:  “Company name + scam” and this usually brings up results that tell you whether the company is involved in questionable activities.

Full Price Is For Suckers

Once you’ve created a short list after completing your research, compare the fees for each company.  This goes for anything you pay for in life.  You always want to make sure that you’re getting the best deal possible.  For this reason, you’ve got to keep in mind that everything is negotiable.

Everything Is Negotiable

Trust me, there are no fees set in stone.  Well, except the PCI and statement fees.  Still, never pay full price.  Full price is for suckers.  Talk them down on each fee listed in the contract because many business years never ask and as such they don’t receive the discounts they deserve.

Have you researched credit card companies?  What criteria did you use to select your processor?