How to reduce your merchant services rates with one simple phone call.

 

If you use Intuit’s merchant services because they fully integrate with QuickBooks, you’re already using the most efficient means of accepting credit card payments from your customers. However, you may not realize how easy it is to lower the rates you pay for this service.

Merchant services rates are based on many variables and the facts change over time. The most obvious questions include:

 

  • Is your business brand new with no credit history or has it been around for a while?
  • Are you a new merchant services customer or an existing customer who has now established a history of at least 6 months with your service provider?
  • Is your credit card sales volume increasing as your business grows?

 

Rates are generally based on how valuable your service provider perceives your account to be for them and how motivated they are to keeping your business. Of course, they’re also limited by how much they pay to their own processing company.

If you’ve had a merchant services account with Intuit for at least 6 months, you can call 1-800-558-9558 and ask their compliance department to review your account. You may now qualify for lower rates based on the experience you’ve established with your account. It just takes one phone call to find out!

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