Lowering credit card processing costs by over 90% can be challenging, but it is possible. 

Here are a few strategies that can help:

• Negotiate with your current processor: Contact your current credit card processor and negotiate lower rates. If they are unable to offer a significant discount, consider switching to a different processor.
• Use a flat-rate processor: Flat-rate processors offer a simple, predictable pricing model with lower fees than traditional processors. Batch processing: Batch processing allows you to process multiple transactions at once, which can result in lower processing costs.
• Use a mobile processor: Mobile processors typically have lower processing fees than traditional processors, as they have lower overhead costs.

• Implement a surcharge: Consider implementing a small surcharge for customers who choose to pay with a credit card. This can offset some of the processing costs and reduce your overall fees.
•    Avoid interchange fees: Interchange fees are the fees charged by the card issuer for each transaction. Try to avoid processing transactions that attract higher interchange fees, such as rewards or corporate cards. 

Remember to compare multiple offers and read the terms and conditions of each option before making a decision.

 

Panther Processing offers everyone with traditional credit card processing accounts a savings of 60 -90%     Month 1!