PROFITservices - Credit Card Processing

Credit Card Processing

Credit Card Services - It’s no big secret the industry is challenging right now. This is the time when every dollar and every expense counts. This includes your credit card processing fees. When was the last time you looked at your rates? Even if you negotiated them as recently as two years ago, are you certain they are the best rates available to you? According to the NHFA Retailer Performance Report, Credit Card Processing (CCP) fees can be as high as 2% or more of sales, this equaled 30% to 50% of all the profit earned by the average furniture dealer last year. Wow! Now is the time to check your rates.

PROFITsystems has partnered with X-Charge, a proven industry leader in CCP. After analyzing actual client’s CCP statements, we have found X-Charge to be highly competitive and the most effective integrated payment solution.

Integrated credit card processing saves time and money by allowing employees to work more efficiently. Some of the benefits of our integrated systems are:

X-Charge enables your own store-branded gift cards. This is a nice image enhancer as well as a significant profit builder, because 20% or more of all gift cards are never redeemed.

X-Charge provides automated check verification capability. Another significant profit builder that enables you to do more business with no worries about NSF checks.

X-Charge always keeps you current with the latest technology at NO COST. New technology and security enhancements usually mean either buying or leasing new terminals to remain current, or paying higher processing fees if you don’t remain current. With X-Charge, updates occur in the software that is downloaded at your convenience.

Your staff will no longer need to share one credit card terminal. X-Charge runs from any of your PC/workstations by plugging in a Minimag Credit Card Swiper, saving space as well.

X-Charge is FAST and EASY. Authorizations take only two to three seconds and the whole transaction is handled at the PC/workstation with no wasted time, or motion.

X-Charge provides meaningful management reports. These reports include daily, weekly, monthly, and yearly, as well as user-defined time periods. This is much more information than standalone credit card terminals can provide and the information is invaluable when researching customer disputes and/or charge backs.

X-Charge reports can be scheduled for automated printing. All reports can be printed on user-defined schedules, saving time, and making them available on a consistent basis without fail. Reports are also available upon demand.

As you can see, the integration benefits with X-Charge go far beyond just a low rate for Credit Card Processing. This is a new technology that PROFITsystems has researched and represents a valuable addition to our system, because it provides numerous benefits to your business. At the same time, both PROFITsystems and X-Charge recognize that rates are critical to your bottom line and we are committed to offering your business the most competitive edge possible.

If you would like more information or a FREE analysis of your CCP statements, please call 800.888.5565.

At the end of the day, it is apparent that traditional Credit Card Processing will cost you excess money if it doesn’t provide all of the benefits that X-Charge provides.