Merchant Card Services – Make the Right Choice for Your Business From the Start

1. Merchant Card Services – Make the Right Choice for Your Business From the Start Merchant card services are an essential aspect of the day to day operations of many businesses, especially those in retail. You need to be able to accommodate payments in a number of ways, ensuring that you offer convenience to your customers. Merchant card services enable you to take card payments, offering convenience and excellent customer service to attract customers and ensure you keep loyal customers in the long run. There are a few important factors you will want to take into consideration when it comes to selecting your merchant card services, ensuring you make the right choice for your business from the start. Making the right choice now can save you valuable time, energy and money in the long run. The first step is to ensure you select a reputable banking partner. You want a banking partner that has extensive experience working with commercial clients, offering a complete range of financial products for small business owners such as yourself. You want a bank that will focus on what works best for you to ensure you get the most out of your financial experience. They should offer everything from basic day to day banking, merchant card services to a host of loan options, helping you grow your brand with confidence. It's essential that you take note of the pricing models. Merchant card services have different pricing structures based on the bank; some have a flat rate, some have tiered pricing. Knowing what is offered by the commercial bank you want to use will help you ensure you make the right choice to save your business money. Flat rates can be dangerous, as you may end up paying more per transaction than you need to. Speak to your banker to ensure you make the right decision that will benefit your business and put more money in your bank account each month. Take the time to ask the right questions to gather as much information as possible on the services you are being offered. Ask about annual fees, monthly minimum penalties, contract termination, service fees and statement fees. Ask about batch fees and American Express fees, which are always higher than other credit cards. Find out if there is an application fee and how long it takes to fund your account once the transaction has taken place. Gather all this information to get some

2. insight into what the merchant card services are going to cost you per month and year; this will help you ensure that your business will benefit from this type of service. Find out about the quality of customer service available. You want a twenty-four hour customer service solution to ensure that you can continue to operate with confidence. This service should be completely free of charge. They should be able to assist with any problem solving, card reader replacement or anything else you may need assistance with regarding your merchant card services. Always make sure when signing a merchant card services contract that you will be given the most up to date software and equipment to ensure you can accept card payments with confidence. This should include Visa and MasterCard using chip and pin technology. Many of today's readers also accept tap payments. Find out if the equipment is offered as part of the package or if it needs to be purchased separately. You also want a good repair service on the hardware to ensure you remain up and operational at all times. About Us: CalPrivate Bank, formerly San Diego Private Bank, is a leading private bank serving clients throughout Southern California in the United States. This very well-established bank services high net worth individuals and businesses of all sizes. CalPrivate Bank's focus is to provide a Distinctly Different Banking Experience through unparalleled service and creative funding solutions for individuals and businesses with complex financial needs. They offer a wide array of financial services, including checking, savings, time deposit accounts, treasury management and related tools. To find out more, visit https://calprivate.bank/.