Merchant Services

Visa and Mastercard are Changing the Rules

Twice-Yearly Changes to Credit Card Processing Fee Structures Often Catch Merchants Off-Guard

Here's an overview of the changes put in place in April, 2019. Including one that can significantly increase a merchant's Interchange Fees ...

The April 2019 Changes:

Visa and Mastercard change the rules governing merchant processing fees twice per year: April and October.

At each interval, they enact numerous changes … most of which cause fee increases for merchants.

One recent change from Mastercard caused a tremendous increase in Interchange Fees on some transactions. This change takes even more money from the merchant, and puts it into the pocket of the bank that issued the credit card to their customer.

The full scope of the April 2019 change interval is characteristically complex. One fairly thorough overview can be found HERE.

Verisave is always happy to advise clients on these changes, and how they may affect their merchant accounts.

An Example from a Verisave Client:

Some of our clients process a large volume in exactly the classification of transaction that was hit hardest by this change. Fortunately, there are often other solutions that can be developed, bringing a comparable savings back in to the picture.

Here’s one example:

  • Client takes a large volume of Mastercard payments
  • The April 2019 Mastercard changes increased the Interchange
  • The impact was likely to be $1.2 million in additional fees for this client
  • Verisave was able to bring a solution that offset the additional fees by about $800k

Request a Mastercard Impact Analysis

Our team will review your merchant account and determine if the latest Mastercard change is having a negative impact on your Interchange Fees.

Verisave Merchant Services Review: Talech

Talech offers a great system for accepting credit and debit card payments in any situation be it a physical store location, phone order, or online storefront. Talech’s POS software is design specifically for retailers and restaurants. While not being our top recommendation for large corporations, it’s a great tool for small to mid-sized businesses.

Talech’s developers have created a POS system that includes in-house marketing tools, advanced inventory features, and the capability to integrate with most payment processors.

Most businesses accept credit cards as a form of payment from their customers, especially in retail stores and restaurants. However, the credit card processing industry is complex and the fees for these services are often unnecessarily high. Many businesses simply accept fees associated with credit card processing as a “cost of doing business” with no attempt to understand and reduce them. Verisave helps to reduce these fees with simple strategies developed through years of practice and implementation. If you’re looking for a change in POS providers, speak with Verisave to see how much you could save by restructuring your merchant account.

Products & Services Offered by Talech

Vend and Shopify are competitors to Talech that offer a basic POS system with minimal reporting tools. On the other hand, Talech offers a simple to use POS system with a massive collection of business management tools for either restaurants or retailers. Their list of business management solutions is long and constantly being improved.

When It Comes To Processing Credit Card Payments, Talech Offers Merchants The Following Solutions:

Restaurant
TALECH PAYMENT ACCEPTANCE – Using Talech, merchants can accept payment from all major credit card providers (swipe, chip, and tap), debit, cash, check, eCheck, phone order, mobile, split check, gift card, etc.
TALECH PAYMENT
TALECH COMPATIBLE CREDIT CARD PROCESSORS AND GATEWAY PROVIDERS – Elavon and Global Payments

TALECH HARDWARE OPTIONS – Hardware from Talech can be purchased in bundles or individually. They offer the following individual hardware options:
TALECH HARDWARE

  • MMF Val-u Line Cash Drawer
  • APG Vasario Series Cash Drawer
  • Epson TM-L90
  • Brecknell 6710U Weight Scale
  • Socket CHS 7ci Barcode Scanner
  • Epson TM

  • Epson TM – U220B Kitchen Printer
  • Star Micronics SP700 kitchen printer
  • Star Micronics

  • Epson TM -T2011 Receipt Printer
  • Epson TM -T88V-i Receipt Printer
  • Star Micronics TSP65011 Receipt Printer
  • Star Micronics TSP143 Receipt Printer
  • Epson M30 Receipt Printer
  • Heckler WindFall

  • Heckler WindFall C iPad stand
  • Heckler WindFall iPad Pro stand
  • All-In-One Elo PayPoint
  • Simplicity: Vault iPad POS Stand
  • Poynt Smart Terminal

  • Poynt Smart Terminal Payment Device
  • Miura M10 – EMV ready Payment Device
  • Ingenico iPP 320 – EMV ready Payment Device
  • Ingenico iCMP – EMV ready Payment Device
  • Magtek iDynamo and uDynamo Payment Device
  • SumUp Air Payment Device
  • iPad Air

  • iPad Air, iPad Air 2, iPad (2017)
  • iPad Pro
  • iPad Mini 2, Mini 3, Mini 4

Retail

Talech POS Also Offers The Following Tools And Features To Restaurant and Retailers:

  • Uber features
  • Product bundles
  • Discounts
  • Inventory management tools
  • Multiple location sync
  • Barcode label printing
  • Modifiers and variations
  • Clock-in and time sheets for employees
  • Individual employee accounts with granular permissions
  • Labor cost reporting
  • Customer analytics
  • Loyalty programs
  • Gift cards
  • Online ordering
  • Marketing campaigns

Restaurant-Specific Features Include:

  • Map out table positions
  • Track open tables
  • Submit food orders
  • Automatic gratuity
  • Split Checks

Retail-Specific Features Include:

  • Create customer profiles
  • BOGO discounts
  • Discount controls per item
  • Tax controls per item
  • Unit conversion tracking
  • House accounts

Talech UI & System Integration

Talech integrates with Xero, Sage One, and Quickbooks accounting software, Homebase labor management software, and EPSON KDS software. The interface is easy to learn considering the system offers so many tools and features. When bugs or glitches to arise, they are quickly resolved by Talech’s robust team of developers.

For merchants that are new to Talech, they offer onboarding help, a library of troubleshooting resources and a call line for customer support.

How Much Will You Be Paying For Talech?

Talech offers merchants the option to pay month-to-month or a year upfront. Paying month-to-month is slightly more expensive.

Starter – $49 (monthly payments) or $42 (one yearly payment) per month

  • 1 Device Only
  • 5 Employees
  • 100 Products
  • Products w/ variations & modifiers
  • Inventory tracking
  • Employee permissions
  • Basic order management
  • Full and partial refunds
  • Cash drawer management
  • Track customer history
  • Basic reporting

Standard – $69 (monthly payments) or $62 (one yearly payment) per month

  • $39/$35 per month for each additional device
  • Unlimited Devices
  • Unlimited Employees
  • Unlimited Products
  • Everything in Starter
  • Bundles
  • Sell items by weight
  • Barcode label printing
  • Clock-in and timesheets
  • Kitchen printing
  • Automatic discounts
  • Exchanges
  • Store Credit
  • House accounts
  • Insights

Premium – $99 (monthly payments) or $89 (one yearly payment) per month

  • $49/$44 per month for each additional device
  • Unlimited Devices
  • Unlimited Employees
  • Unlimited Products
  • Everything in Standard plus:
  • Inventory Alerts
  • Purchase Orders
  • Inventory Log
  • Stock Take
  • Table management
  • Pay by position
  • Split and Merge Orders
  • Coursing
  • Automatic Gratuity
  • BOGO discounts

Paying for your POS system is only one fee among many involved in credit card processing. Looking at your merchant account statement is a clear indication that there are many players in this game. Most financial executives we speak with do not truly understand their credit card statements where their fees go. Structuring your merchant accounts to lower your monthly fees is possible when you know where to look and with whom you should speak. We have found that businesses that engage an auditing firm generally pay 25% lower fees than their industry counterparts and save significantly more per month than do those who go about it alone.

Talech Contract Lengths

Talech does not trap their customers into lengthy contracts and they do not charge a fee for canceling services. However, they do offer an incentive for paying for their services on a yearly basis instead of monthly.

Talech Customer Service

Talech has excellent customer service. One thing in particular that Talech seems to do better than most of their competitors is working the bugs out of their systems and improving their services on a regular basis. With regular updates and a large team on in-house developers, Talech puts a large effort into maintaining and building out their software.

To reach customer service, you can call their 24/7 customer support line, email, send a message via social media (facebook and twitter), or use their online chat feature (limited hours). They also offer lots of reading material on their website for set up and troubleshooting.

Online Reviews Of Talech

Customers love Talech and this is one of the many reasons we recommend Talech POS services to our clients. There aren’t many negative reviews online about this company and when there are, they are addressed by Talech promptly. Commonly, their most negative complaints revolve around a lack of Android support.

VERISAVE MERCHANT SERVICES REVIEW

Talech POS Services For Accepting Credit And Debit Card Payments

Talech offers a POS system for restaurants and retailers that stand out above others. Enrolling in their services is a great idea for small to mid-sized businesses. But have you considered taking a deeper look into your merchant accounts and the fees you’re paying for accepting credit and debit cards?

Many retailers simply accept fees associated with credit card processing as a “cost of doing business” with no attempt to understand and reduce them. But engaging with account auditors at Verisave can not only help you to understand these fees, but we can also help you to take control.
Verisave is an auditing firm with your best interests in mind, eagerly committed to maximizing savings for your company. The key to maximizing your potential savings is ensuring that our incentives are properly aligned with yours. We accomplish this in the following ways:

  • Our auditing firm is an unbiased, independent third-party, unaffiliated with any merchant processors.
  • Our compensation is based solely upon a percentage of the actual, realized savings we generate.
  • We will not ask you to switch processors. However, if we find that you could be saving money with another processor, we will bring this to your attention.
  • Our service includes periodic monitoring to ensure the savings we have obtained remains in place.
  • Our team of auditors will develop strategies customizable to your personal account for lowering your monthly merchant fees.
  • We will provide a savings estimate help you determine whether the potential savings are worth pursuing before making any commitments.
  • Our savings strategies and estimates are completely transparent.

To better understand our services, watch this brief video:

Get in touch with a merchant account expert at Verisave today for your free statement audit. In a matter of weeks, you could be saving 25% to 35% in credit card processing fees.

Verisave Merchant Services Review: Vend POS

Vend POS Solutions For Retailers Processing Credit and Debit Card Payments

Vend offers merchants a cloud-based POS system coupled with inventory management tools through a wireless smart device. Their services are built primarily for retailers. You can set up a laptop, desktop, or handheld smart device to accept payments and access reports with or without an internet connection. Devices must be capable of running Windows 7 or Mac OS X 10.5 (or higher).

Vend is known for being extremely user-friendly, allowing most anyone to comfortably learn their system and have very little problems with integration. The intuitive software is simple to learn and offers lots of information for making informed decisions when it comes to business management and inventory.

Verisave works with CFO’s, senior financial executives, controllers, and accounts payable teams to reduce the amount of fees spent each month on credit card processing. It’s a complex system that starts with your POS device and provider and works its way through gateways, processors, banks, and more. Having an expert from Verisave on your team will help you to decide on the best set-up for accepting payments, processing credit cards, and structure your merchant accounts.

Understanding the players in the credit card processing industry and the fees they charge can help you make better decisions and reduce your fees. In order to optimize your merchant processing and minimize fees, you should consider engaging an auditing firm.

Products & Services Offered by Vend

Retailers benefit from allowing their customers to pay using debit and credit cards, but figuring out which POS system to use can be a bit daunting with all the options available. Vend has a wide host of tools incorporated with their POS system and as a widely liked and user-friendly POS device, we are happy to recommend Vend to our clients. When it comes to accepting credit and debit card payments, Vend offers the following tools and services:

When It Comes To Processing Credit Card Payments, Vend Offers Merchants The Following Solutions:

VEND POS SOLUTIONS – Retailers have access to a lot of tools with a Vend POS system. With or without an internet connection, you can accept payments. Vend will resync your sales once you get your device back online. Create custom receipts, save notes to track discounts and other transaction details, refund past orders, give store credit, create individual staff accounts to track POS usage, manage and track cash transactions, and more.

VEND E-COMMERCE SOLUTIONS – This solution is not included with Vend’s free services. But with a subscription service, you can have access to their e-commerce tools. You’ll have access to an integrated website builder, pre-built design themes, syncing capability with your store’s inventory, and hosting. The one downside we’ve noticed to their e-commerce solution is the requirement to tie your domain name to their domain name for their shopping cart services. However, this protects you from liability issues and PCI compliance.

VEND HARDWARE OPTIONS – If you opt to use Vend services, you can use their software on hardware you already own. Their software only requires Windows 7 or Mac OS X 10.5 (or higher). You can also purchase hardware through Vend. They offer three different bundles.
VEND HARDWARE OPTIONS

Vend offers individual units for sale as well:
Vend

  • EPSON ™-T8211 (LAN) Receipt Printer
  • STAR TSP143III-BI (BLUETOOTH) Receipt Printer
  • STAR TSP100 OR TSP143 WITH AUTO CUTTER (USB) Receipt Printer
  • STAR TSP100 OR TSP143 WITH AUTO CUTTER (LAN) Receipt Printer
  • EPSON

  • STAR MPOP (USB AND BLUETOOTH) Cash Drawer and Receipt Printer
  • STAR MPOP

  • STAR SMD2-1214 Cash Drawer
  • STAR SMD2-1317 Cash Drawer
  • KENSINGTON

  • KENSINGTON SECUREBACK M SERIES CASE FOR IPAD AIR
  • KENSINGTON SECUREBACK COUNTERTOP STAND FOR IPAD
  • HECKLER WINDFALL™ STAND FOR IPAD AIR 1 & 2
  • DYMO

  • DYMO LABELWRITER 450 TURBO (USB)
  • SOCKET MOBILE

  • SOCKET MOBILE CHS 7CI OR CHS 7QI (BLUETOOTH) Barcode Scanner
  • MOTOROLA CS3000 (USB) OR CS3070 (BLUETOOTH) Barcode Scanner
  • HONEYWELL 1450G Barcode Scanner

VEND PAYMENT ACCEPTANCE – Accept all major credit cards including Visa, Mastercard, American Express, Discover, etc.

VEND PAYMENT ACCEPTANCE
VEND COMPATIBLE CREDIT CARD PROCESSING/GATEWAY SERVICES

  • Stripe
  • PayPal
  • Authorize.Net
  • Payment Express
  • Vantiv
  • Square

Other Solutions For Merchants From Vend:

  • Inventory Reporting Tools
  • Customer Management Tools
  • Loyalty Program Tools
  • Price Books
  • Gift Cards
  • Employee Tracking

Vend UI & System Integration

Vend is known for its ease of use. The interface is very intuitive and user-friendly, making it an easy system to implement and teach to employees.

Vend offers onboarding services to new customers. They will help you to upload your SKUs, configure products, and other troubleshooting inquiries that you’d come across when implementing a new service like Vend. They also provide coaches with a retail background to help train employees to use Vend.

How Much Will You Be Paying For Vend Services?

Vend offers two set pricing plans, with a third pricing plan that is scalable for larger entities. Before you make a commitment, Vend lets retailers try the product for free for 30 days.

Vend Lite – $99 /month for an annual contract or $119 /month with no long term contract.

  • 1 outlet
  • 1+ registers
  • $20k monthly turnover in USD
  • Intuitive Point of Sale
  • Real-time Inventory Management
  • 24/7 Phone & Online Support
  • Small Business Reporting
  • Xero Accounting Add-On

Vend Pro – $129 /month for an annual contract or $159 /month with no long term contract.

  • 1 Outlet
  • 1+ Registers
  • Unlimited turnover in USD
  • Intuitive Point of Sale
  • Real-time Inventory Management
  • 24/7 Phone & Online Support
  • Advanced Reporting & Analytics
  • Advanced Promotions & Gift Cards
  • All Add-Ons & Ecommerce Channels
  • API Access
  • Multi-Outlet Retail Management

Vend Enterprise – Speak with a sales rep for a quote.

  • 6+ Outlets
  • 1+ Registers
  • Unlimited turnover
  • Intuitive Point of Sale
  • Real-time Inventory Management
  • 24/7 Phone & Online Support
  • Advanced Reporting & Analytics
  • Advanced Promotions & Gift Cards
  • All Add-Ons & Ecommerce Channels
  • API Access
  • Multi-Outlet Retail Management
  • Dedicated Account Manager
  • Customized Onboarding

Paying for your POS device is only one of many fees merchants will face when they opt to allow credit and debit card transactions in their stores. Most financial executives we speak with do not truly understand their credit card statements and do not understand where their fees go. We have found that businesses that engage an auditing firm generally pay 25% lower fees than their industry counterparts and save significantly more per month than do those who go about it alone.

Vend’s Contract Lengths

Vend allows you to choose between month-to-month billing and yearly billing. This offers you the ability to save money if you’re willing to make a yearly commitment by paying upfront for the year.

Vend’s Customer Service

Vend has excellent customer service. They provide support throughout the entire onboarding process. From there, you can reach their 24/7 call line for troubleshooting help. You’ll find a retail resource library on their website that includes:

  • Guides and eBooks
  • Insights and Reports
  • Tools
  • Articles
  • Webinars
  • Videos
  • Help Center
  • Help Videos
  • Vend U

Each plan has the option to add Premium Support (comes standard with the multi-outlet plan) for an additional monthly cost. This will give you personal set-up assistance, phone support, and ongoing training.

Online Reviews Of Vend

A common complaint about Vend comes down to their paid customer support. Vend is one of few POS companies that charge their customers for support. Though their payment route for customer support is odd, they offer a huge library of resources to solve a lot of issues without having to speak to a customer support rep.

Overall, customers are generally very happy with Vend. Vend’s navigation and data display are easy to understand as well as teach to new employees. There are many positive reviews on the web concerning Vend POS services.

VERISAVE MERCHANT SERVICES REVIEW

Vend POS for Merchants Accepting Credit and Debit Cards

Most businesses accept credit cards as a form of payment from their customers, it’s a no-brainer. In fact, rewards offered to those using a credit card for personal or business purposes are substantial, making it an obvious choice for many.

Vend provides a great option for POS solutions to retailers. Their software is easy all around: simple implementation, a user-friendly interface, and easy-to-read reporting. However, if you’re looking to switch to a Vend POS system, it may be worth your while to take a deeper look at your entire credit card processing system to see if you could be saving money.

To accept credit and debit cards as payment is crucial for growing your profit margins but the cost is often unnecessarily high. Many businesses simply accept fees associated with credit card processing as a “cost of doing business” with no attempt to understand and reduce them. Why is this the case? There are three major reasons:

1. Account statements are far from transparent.
2. Your merchant processor is not incentivized to clue you into savings opportunities.
3. There is no way for business owners to determine current market rates for credit card processing.

If you are looking to take control of your credit card processing fees, speak with a representative at Verisave. With a free audit of your most recent merchant account, we can map out a plan for implementing proven savings strategies for lowering your merchant fees. Watch this brief video to learn more.

Vend’s POS software combined with the right gateway provider and processor are all factors that contribute to lower fees for processing credit card payments. Find how much you could be saving, today.

Verisave Merchant Services Review: XCharge

XCharge for Credit Card Payment Processing

XCharge is based out of Pleasant Grove, Utah and was acquired by Global Payments in 2012. XCharge is a virtual terminal system. They offer proprietary software combined with merchant account services to merchants for credit card payment processing.

XCharge works well as a virtual terminal option but has not been updated in a number of years. We anticipate that this product will eventually be phased out. In the meantime, if you’re using XCharge as your merchant account provider and payment gateway, Verisave can help you obtain lower monthly fees.

Speak with merchant account experts at Verisave to find out more about cutting costs and saving on your overall merchant fees. We have worked with XCharge on behalf of our clients in many industries and can help you to restructure your merchant account and credit card payment process with more efficient tools and proven savings strategies.

Products & Services Offered

XCharge provides merchant accounts to retailers and business owners, while also acting as the payment gateway for processing credit and debit card payments. When it comes to credit card payment processing, XCharge provides the following services:

XCharge MERCHANT ACCOUNTS – XCharge does not directly process payments. Merchant accounts from XCharge are provided by the parent company Global Payments.

XCharge eCOMMERCE TOOLS – The XWeb payment gateway pairs with the following shopping carts: Earth Skater, PDG Software, CustomCart, and eLink Ware.

XCharge PAYMENT ACCEPTANCE – Accept payments made with all major credit cards including Visa, American Express, Discover, and Mastercard. Also allow customers to pay via ACH or eCheck.

XCharge PAYMENT GATEWAY – XCharge pairs their virtual terminal software with XWeb – their payment gateway solution.

XCharge POS SYSTEMS – XCharge does not provide hardware for their terminal software. But the software can be paired with many existing POS systems.

XCharge MOBILE PAYMENTS – They do not currently offer an app for mobile payment acceptance. But you can use the parent company’s app, “OpenEdge Mobile.” This app is available for both iOS and Android.
XCharge MOBILE PAYMENTS

XCharge VIRTUAL TERMINAL – Turn any device with Microsoft Vista or older into a POS system using XCharge’s virtual terminal software. You can accept payments while offline (storing data on your personal device) and once you have an internet connection, the payments are then processed. No updates have been made to their software to allow merchants to use more recent versions of Microsoft, which leads us to assume they will phase this product out of the OpenEdge/Global Payments list of services. XCharge has included built-in fraud protection to allow for PCI compliance. This software also provides online reporting that includes transaction information, merchant accounting, and images.

Try speaking with Verisave before enrolling in XCharge services. Verisave merchant account experts have worked with many companies using XCharge as their merchant account and gateway provider. Based on our experience with this company, we can help you save money that merchants cannot ordinarily obtain on their own.

How Much Will You Be Paying For XCharge Services?

XCharge does not disclose pricing information on their website. It will vary between individual merchants based on a few different factors, including (and not limited to) industry, monthly processing volume, location, and more.

Payments go directly through Global Payments for services. You can expect to pay a monthly service fee, a yearly membership fee, possible PCI compliance fees, and a wireless service fee if you use a wireless terminal.

If you use XCharge as your merchant account provider, speak with a Verisave merchant account auditor today. XCharge is known to charge many unnecessary junk fees that are hard to spot for the untrained eye. We can help to eliminate these fees and apply other proven strategies for lowering your overall merchant fees.

If you are ready to pay less for merchant account services, then speak with Verisave’s merchant services experts. Customers achieve an average savings of 25%-35% in credit card processing fees and other merchant-related expenses after a free audit from Verisave.

Consider Your Desired Contract Length

XCharge offers a three-year contract for services, with an automatic renewal clause that results in one-year contracts each year following the initial term. The automatic renewal clause can be removed from the contract before signing. It can also be prevented by giving 60 days notice prior to the end of the contract term. There are many merchant account providers that offer month-to-month accounts with zero termination fees that may make more sense for your business.

XCharge requires a merchant who cancels their contract early to pay for liquidated damages. This means you will be required to pay the entire value of the length of your contract – the entire 36 month’s worth of fees.

Speaking With XCharge Sales and Customer Service Reps

You’ll find very little information on XCharge’s outdated website. With the overall appearance of the site, outdated company information, and limited use of their software, it seems as if Global Payments isn’t paying much attention to this branch of their company. Signing up with XCharge may come at a more costly price than just their lengthy contract lengths and long list of junk fees. It could very likely result in poor customer service and troubleshooting by the looks of how neglected their online presence has become.
XCharge Sales

XCharge services are primarily obtained via third-party sales agents. Depending on your experience, sales teams and customer service may range from terrible to excellent. Without the direct input of an in-house sales team, customer service tends to suffer. For support, you’ll have to contact OpenEdge.

Online Reviews of XCharge

Most online complaints about XCharge concern aspects dealing with their merchant account service, not their payment gateway service. This includes account cancelation and poor customer service. When it comes to closing an account with XCharge, they’ve included specific demands in your contract. These can be confusing and require multiple steps for completion. We’ve helped clients cancel accounts with XCharge and have limited their frustration, but for merchants completing this process on their own, it can be overwhelming.

VERISAVE MERCHANT SERVICES REVIEW

XCharge for Credit Card Payment Processing

We typically do not recommend XCharge for their merchant account services. With so many other companies available for these services, you’re likely to benefit from another route that includes month-to-month contract lengths, lower processing fees, and more favorable business management tools and customer service. While they provide a payment gateway that seems to do a great job, it can be simpler to work with a company that provides your merchant account paired with their gateway services.

Depending on your business’ specific needs and the services you obtain from XCharge, you can easily end up overpaying for your merchant services without the help of our credit card processing auditors at Verisave. We find that our customers are overpaying an average of 25% to 35% for their monthly merchant account, payment processing, and other credit card payment services.

Submit your most recent merchant account statement today to see if you could benefit from working with account auditing experts at Verisave. After years of working in this industry, we have developed proven strategies for reducing merchant account fees for our clients. When implemented in a specific order, we can maximize your savings potential.

Currently using XCharge as your gateway or merchant account provider? Speak with Verisave to see what we can do to save you money on your merchant account fees.

Verisave Merchant Services Review: USAePay

USAePay for Credit Card Payment Processing

USAePay acts as a payment gateway provider for processing credit card payments. While many gateway providers also offer merchant accounts, USAePay does not. They have, however, developed a number of tools, hardware options, and proprietary software to help merchants with credit card processing.

To obtain USAePay as your gateway provider, you have to also work with one of their partners that offer merchant accounts. This includes major companies like Global Payments, Planet Payment, and WorldPay. You cannot sign up with USAePay directly. This is one of the reasons they can offer lower pricing to their customers.

USAePay will be a viable option for some businesses, but not many. While they provide hardware (POS systems), they’re generally in need of updates and are not compatible with the most recent smartphones and tablets.

If you are looking to work with USAePay to take advantage of their lower fees for gateway services, speak with a merchant account expert at Verisave. We have worked with multiple independent gateway providers across numerous industries and can help you determine if USAePay is a cost-efficient route for your business to take. If they aren’t, we’ll help you locate a less costly gateway provider to limit your monthly spending on merchant account-related fees.

Merchant Credit Card Processing Products & Services

USAePay acts as a payment gateway for merchants accepting credit card payments. They provide hardware and proprietary software and charge minimal fees.

USAePay PAYMENT GATEWAY – While USAePay doesn’t supply merchant accounts, they partner with other companies who do. Then, they act as the payment gateway for accepting credit and debit card payments, or check/eCheck payments, whether in person or via an eCommerce platform or virtual terminal.

USAePay MOBILE PAYMENTS – Accept EMV cards, as well as payments made with Apple and Android devices.
USAePay MOBILE PAYMENTS

USAePay VIRTUAL TERMINAL – Turn an electronic device (desktop computer or handheld device) into a POS terminal with USAePay software.

USAePay eCOMMERCE SOLUTIONS – USAePay offers a selection of shopping cart options and integrations. Digital storefronts can set up recurring billing and omnichannel solutions, pairing their checkout service and data capture with multiple points of sale. This service has free tokenization and fraud tools, making it PCI compliant.

USAePay CHECK PROCESSING – Allow your customers to make payments via check when you use USAePay as your payment gateway.

USAePay HARDWARE (POS Systems) – USAePay offers hardware but most of it is fairly outdated, with their mobile hardware being compatible with iPhone 4 and older.

  • Castle MP200
  • Castle MP200

  • Seiko RP-D10
  • Seiko RP-D10

  • Castles Vega3000
  • Castles Vega3000

  • Shuttle Jack
  • Paysaber Go
  • Paysaber Go

  • Star Micronics TSP100
  • Star Micronics TSP100

  • Star Micronics MPop
  • Star Micronics MPop

  • Woosim R240
  • Woosim R240

USAePay POS INTEGRATION – USAePay integrates with a large list of POS devices.
USAePay POS INTEGRATION

USAePay SHOPPING CART INTEGRATION – USAePay provides a massive list of virtual shopping cart providers that are registered with USAePay. Many popular shopping cart plugins are registered with them including WooCommerce and WordPress e-Commerce. Many of the companies on this list are also e-store builders. You can create a custom shopping cart experience to match the existing design and layout of your site.

USAePAY SECURITY AND FRAUD PROTECTION – USAePay uses tokenization to protect customer information during credit card transactions.

USAePay ACCEPT EMV PAYMENTS– USAePay offers hardware options for merchants to allow the use of EMV cards in their stores.

Speak with Verisave to see how we can lower your merchant account fees using USAePay. Traditionally, we will not require you to change processors, but if USAePay is not the best suit for your business and you can save on merchant fees by using another processor, then we will let you know. In any case, give us a call before making long-term commitments to any credit card payment processor.

USAePay System Integration

Theoretically, implementing USAePay systems is a simple process. But a majority of onboarding will depend on the merchant account provider. However, since USAePay integrates with so many available merchant account providers, shopping carts, and POS systems, they are an easy gateway provider to use with existing systems.

How Much Will You Be Paying For USAePay Credit Card Processing?

USAePay does not disclose pricing on their website. Fees for these services are determined largely by the third-party merchant account provider you’ll use to access USAePay’s gateway services. If you’re wondering which merchant account provider might offer you reasonable rates and reliable services for your particular field of business, speak with a merchant account expert at Verisave.

Verisave has worked with hundreds of companies to lower their overall merchant fees. We are confident our auditing experts can help you obtain fair rates for merchant account services. If you are already working with a merchant account provider, Verisave can still help you lower your overall monthly merchant fees. Contact us today to start this simple process with a free analysis of your current merchant account statement.

Contract Lengths For Using USAePay Payment Acceptance

Like pricing, contract lengths and any associated fees are determined by the merchant account provider working with USAePay to offer their gateway services. USAePay works with many well-known merchant account providers including TSYS, Global Payments, First Data, Chase Paymentech, and Vantiv (now Worldpay).

Working With USAePay’s Sales and Customer Service Reps

USAePay Customer Support – The website for USAePay offers lots of resources for support and troubleshooting. They even have a large library of video tutorials that can help you navigate a wide range of fraud issues, your recurring billing tools, and other transaction issues. Beyond their video tutorials, you can also access support with their phone line, ticket service, or email.

Unlike many companies in the credit card processing industry, USAePay’s website is full of information to help you understand the services and products they offer. Pricing is another story. You won’t find any information about fees and pricing on their website. For this info, you’ll have to figure out which merchant account provider to work with as they are the ones who set the rates for USAePay payment gateway services.

VERISAVE MERCHANT SERVICES REVIEW

USAePay for Credit Card Payment Processing

USAePay is a great gateway provider. But obtaining their services can be done by signing up for a merchant account with a number of different third-party providers. This is where the decision making gets more complex. When it comes to processing volumes, rates for processing, and additional services, there are a lot of factors to consider.

Verisave specializes in reducing merchant fees for companies of all sizes. Working with 500+ merchants to drastically lower their credit card processing fees has led our team of experts to develop proprietary benchmark data for tracking and comparing your rates and fees with current market trends. Based on our experience with numerous processors, gateways, and credit card providers and now having an invaluable data set of industry statistics – our clients gain control over the confusion of the credit card industry and save money. Watch the video below to see how our trusted process works:

Whether you are currently working with USAePay or if you are just exploring your options, our experience in the credit card processing industry lends a considerable leg up to merchants in any industry. Contact us today to start the process of uncomplicating your merchant statement and lowering your merchant fees.

Verisave Merchant Services Review: TrustCommerce

TrustCommerce for Credit Card Payment Processing

TrustCommerce is a well-known and well-liked payment gateway provider that has been in operation since 2000. At Verisave, we have worked with TrustCommerce often on behalf of our clients to save money on their merchant fees, including fees for gateway services. You can obtain their services through a number of third-party providers and they work with many merchant account providers including well-established companies such as TSYS, Chase Paymentech, and First Data.

TrustCommerce offers payment gateway services for all merchants, with or without an eCommerce option. Business owners can accept debit, credit, cash, and check payments in person, over the phone, or through a website. They have a great security feature to protect private customer information and to prevent theft or fraudulent transactions.

Signing up with TrustCommerce could easily result in high start-up fees, high early termination fees, and higher rates altogether if you are unfamiliar with the credit card processing industry. It helps to have a team of credit card processing consultants like Verisave to help you control costs with TrustCommerce. Speak with one of our merchant account experts to see if you could be saving more on your overall merchant fees.

Products & Services Offered

When it comes to credit card payment processing, TrustCommerce offers the following tools and services:

TRUSTCOMMERCE POS TERMINALS: TrustCommerce partners with Verifone and Ingenico to offer POS terminals to their customers. Merchants can also use EMV compliant models to offer more secure payment options.

TRUSTCOMMERCE PAYMENT GATEWAY: TC Integrated Payment Application (IPA) is the TrustCommerce payment gateway service.

TRUSTCOMMERCE MOBILE PAYMENTS: TrustCommerce uses SSL encrypted software (the PayWithIt app) to turn any mobile device (Android and iOS) into a mobile POS station. They offer a free 30 day trial for this tool.

TRUSTCOMMERCE VIRTUAL TERMINALS: TC Vault allows merchants to turn any computer or smart device into an encrypted POS terminal that can accept all payments (credit, debit, and ACH/eChecks). TC Vault also provides the ability to upload batches, compile reports, create custom fields, and set permission restrictions for different users.

TRUSTCOMMERCE eCOMMERCE SOLUTIONS: TrustCommerce can be paired with many online shopping carts including Shopify.

TRUSTCOMMERCE SECURITY MEASURES:

  • Integrated Payment Application. This tool allows you to centralize payments, compliance, and EMV requirements. It helps to prevent data theft with encryption and other security measures.
  • TC SMART Products. These products include TC Citadel (secure billing), TC Vault (secure virtual terminal), TC Trustee (secure integrated eCommerce software), TC Payment Portal (secure customer payment management), and consolidated reporting tools. All of these tools are encrypted for securing sensitive merchant and customer data.
  • TC Safe. TrustCommerce uses PCI compliant encryption to protect customer data when purchases are made through their POS devices.

Besides tools for credit card payment processing, TrustCommerce also provides useful business management tools such as:

TRUSTCOMMERCE REPORTING TOOLS: These tools allow merchants to create customized reports, view daily trends and metrics, and decline reports for simpler reconciliation.

  • Summary Reports
  • Chain Reports
  • Detail Reports
  • Transaction Detail Reports
  • Bank Settlement Reports

Having worked with hundreds of companies processing credit payments every day, we can apply our proven savings strategies to your merchant account. Working with Verisave is all the customization you will need for setting up your merchant accounts, even when it comes to choosing a gateway provider like TrustCommerce. If TrustCommerce is not the best option for your business, we will tell you who is. Give us a call before making long-term commitments to any credit card payment processor, gateway, or merchant account provider and Verisave will help you save on your overall merchant account fees.

TrustCommerce UI/System Integration

As a payment gateway provider, TrustCommerce works with many partners to make system integration simpler. Their services are supported by well known merchant account providers like First Data and TSYS. Since they offer POS systems from Ingenico and Verifone, merchants can often use TrustCommerce services without having to replace their existing POS systems. While TrustCommerce is a trusted gateway provider and used by many merchants across the United States, onboarding a new gateway provider should be done with care.

If you are considering switching to TrustCommerce as your credit card payment gateway provider, speak with the merchant account experts at Verisave. We can help you to lower your overall merchant account fees and see significant savings in the long run.

How Much Will You Be Paying For TrustCommerce Services?

TrustCommerce does not disclose their pricing online. Using TrustCommerce, merchants can expect to pay a start-up fee, a monthly gateway fee which averages $20-$25 a month, and a small fee per transaction.

For more detailed pricing information, you will need to speak with a sales rep. Keep in mind that their pricing will be different for every merchant based on multiple factors:

  • Your specific industry
  • Length of time in business
  • Your average monthly credit card processing volume
  • Processing history
  • Your desired tools and package customizations
  • Your credit card industry knowledge and ability to negotiate fair terms

Having worked with TrustCommerce through many of our clients, Verisave has developed proprietary benchmark data that allows access to more savings opportunities. We can help you save money on your overall merchant account fees with TrustCommerce regardless if you are just starting with them or if you have been with them for a long time.

Verisave customers achieve an average savings of 25%-35% in overall credit card processing fees with an audit from Verisave. If you are interested in Canceling Gateway Services, Implementing/Restructuring with TrustCommerce, or Trying to Achieve Savings with TrustCommerce, then speak with a Verisave merchant service expert.

Consider The Contract Length

TrustCommerce does not require a long-term contract and therefore no early termination fee for closing an account. However, if you are obtaining TrustCommerce services bundled with merchant account services, the terms for the merchant account may differ from the gateway and could result in long- term contracts with an auto renewal clause and an early termination fee. These are important details to know before making a commitment to merchant account services.

Avoid frustrating occurrences due to a misunderstanding concerning these contractual agreements by using Verisave’s merchant account experts to set up your merchant accounts, gateway, and payment processor. Our auditors can help you to map out the best route for your merchant account expenses, saving you money each month on merchant account fees.

TrustCommerce Sales and Customer Service Reps

TrustCommerce offers a wealth of information concerning their services and products on their website. However much of the reading is marketing jargon. More detailed information can be obtained through their sales reps over the phone or by visiting their “Resources” page online. This page offers more technical information about their payment processing and business management/reporting tools.

TrustCommerce does offer a free 30 day trial for their services. Not many gateway providers do this.

Technical support is available by phone. TrustCommerce also provides a library of resources on their website for troubleshooting. Videos are also available to help understand products and services.

VERISAVE MERCHANT SERVICES REVIEW

TrustCommerce for Credit Card Payment Processing

TrustCommerce is a reliable payment gateway provider that works with any US based merchant account provider. Because they are easily integrated into most sales platforms, they work well with most companies, large and small.

We work with many businesses using TrustCommerce as their gateway provider. Verisave merchant account experts are well versed in their products and services, typical rates across specific industries, common contract practices, and more. Working with Verisave will help you to avoid the common frustrations that merchants have expressed in the past. With Verisave, you can expect transparent, measurable savings on overall merchant fees from TrustCommerce.

Stay two steps ahead of the enrollment process with a team of merchant account auditors on your side when enrolling in merchant services with TrustCommerce. With Verisave’s proprietary benchmark data on TrustCommerce, you gain access to factual savings results that can be applied to your merchant account.

If you are currently using TrustCommerce as your credit card processing company, you can still save money by working with Verisave. Submit your most recent merchant account statement and we will determine whether or not you could benefit from our services after performing a free audit of your account statement.

Verisave Merchant Services Review: Easy Pay Direct

Easy Pay Direct for Credit Card Payment Processing

Based out of Austin, Texas, Easy Pay Direct offers their services as a payment gateway and merchant account provider to businesses of all sizes. Easy Pay Direct is a midsized provider focusing most of their efforts on their services as a credit card processing gateway. You can pair their gateway services with an existing merchant account, or their merchant account services with a preferred gateway provider or you can use Easy Pay Direct for both your merchant account provider and your credit card payment gateway.

While Easy Pay Direct offers a number of well-trusted features including online shopping carts and PCI compliant security, determining which route is the most cost effective for your specific business can be difficult. Merchant account auditing experts at Verisave can determine this for you thanks to years of experience working in the credit card processing industry.

If you are currently working with Easy Pay Direct or considering signing up with Easy Pay Direct, speak with merchant account experts at Verisave. We have worked with Easy Pay Direct on behalf of our clients in many industries and can help you to navigate the negotiation process to acquire the lowest rates using their most efficient tools, pricing plans, processing rates, and more.

Products & Services Offered

Easy Pay Direct has developed a number of merchant tools to help with credit card processing and business management. When it comes to gateway and merchant account providers, Easy Pay Direct offers the following services:

EASY PAY DIRECT MERCHANT ACCOUNTS: Easy Pay Direct is not a direct processor. They partner with a number of processors while acting as the merchant account provider, including: First Data, EVO Payments International, and many others.

EASY PAY DIRECT HIGH-RISK SPECIALIZATION: Easy Pay Direct specializes in providing merchant accounts to high-risk merchants.

EASY PAY DIRECT PAYMENT GATEWAY: Accept credit card payments, debit card payments, and eCheck (ACH) payments while meeting PCI compliance requirements.

EASY PAY DIRECT CREDIT CARD TERMINALS: Easy Pay Direct credit card terminals include EMV-compliant models. Some terminals support Apple Pay and Android Pay.

EASY PAY DIRECT POS SYSTEMS: Use any of their POS systems, including: Clover Go, Clover Mini, and Clover Station POS (First Data products). Easy Pay Direct does not lease their POS systems and instead sells them at wholesale prices.

Clover Mini
Easy Pay Direct
Clover Station
Clover Station
Clover Go
Clover Go

EASY PAY DIRECT MOBILE PAYMENTS: Accept payments using your mobile device. Their smartphone-based mobile payments system works with both iOS and Android using a magstripe card reader that plugs into the headphone jack.

EASY PAY DIRECT SHOPPING CART INTEGRATION: This shopping cart works directly with the Easy Pay Direct Gateway.

Try speaking with Verisave before enrolling in Easy Pay Direct services. Verisave merchant account experts have worked with many companies using EPD as their merchant account and gateway provider. Based on our experience with this company, we can help you save money that merchants cannot ordinarily obtain on their own.

How Much Will You Be Paying For Easy Pay Direct?

While Easy Pay Direct doesn’t offer much pricing information on their website, they do charge processing rates under a tiered pricing plan. This is common within the credit card processing industry. However, while most gateway and merchant account providers are starting to eliminate contracts, Easy Pay Direct still uses three-year contracts rather than billing month-to-month with a startup fee of $99.

If you are ready to save money in credit card processing or other merchant account services, then speak with Verisave’s merchant services experts. Customers achieve an average savings of 25%-35% in credit card processing fees and other merchant related expenses after a free audit from Verisave.

Consider Your Desired Contract Length

While a 3-year contract was standard practice for most merchant service providers in the past, most companies involved in credit card processing are getting rid of the lengthy contracts and opting for more merchant-friendly month-to-month agreements instead. However, Easy Pay Direct is sticking with the 3-year contract for now. On the plus side, they do not charge an early termination fee for canceling.

Speaking With Easy Pay Direct Sales and Customer Service Reps

Researching Easy Pay Direct Merchant Services – EPD is a midsized company which services roughly 60000 accounts. Their website is lacking a lot of information which either forces you to give them a call or leave the site altogether. We have found that speaking with the sales rep is much easier than trying to understand their services by reading through their website.

Contacting Easy Pay Direct Customer Support – EPD offers very little in the way of customer support. They have a phone line to call for help questions and a bank of FAQ’s on their website. Other gateway and merchant account providers offer more reading material and means of communication (email, online chat, etc) to their customers that EPD would benefit from offering.

Online Reviews of Easy Pay Direct

We rarely hear complaints regarding Easy Pay Direct and this is reflected in their online reviews as well. Their profile on the BBB website is flawless, with zero complaints.

VERISAVE MERCHANT SERVICES REVIEW

Easy Pay Direct for Credit Card Payment Processing

If you are a small to mid-sized business looking for a merchant account or gateway provider, Easy Pay Direct may be a good option for you.

Depending on your business’ specific needs and the services you obtain from Easy Pay Direct, you can easily end up overpaying for your merchant services without the help of credit card processing auditors at Verisave. We find that our customers are overpaying an average of 25% to 35% for their monthly merchant account, payment processing, and other credit card payment services.

Submit your most recent merchant account statement today to see if you could benefit from working with account auditing experts at Verisave. After years of working in this industry, we have developed proven strategies for reducing merchant account fees for our clients. When implemented in a specific order, we can maximize your savings potential.

Currently using Easy Pay Direct as your gateway or merchant account provider? Speak with Verisave to see what we can do to save you money on your merchant account fees.

Verisave Merchant Services Review: ShopKeep

ShopKeep for Credit Card Payment Processing

ShopKeep offers a user-friendly iPad POS system that retailers, food and beverage vendors, and services providers alike will find useful. They gear specifically toward the small to mid-sized business. Their software works specifically with iOS 10.8 and higher.

Once a flat rate pricing model, ShopKeep now offers a quote system. Pricing info can be determined by speaking with a ShopKeep sales rep. Their software and hardware systems for credit card payment processing are great for small business’. ShopKeep has a unique feature that implements cloud-based and locally installed software. Via the iPad POS, the app runs without wifi and syncs data to the cloud any time there is an internet connection.

While in-person transactions can be made with ShopKeep, they now offer eCommerce tools since pairing with BigCommerce.

If you are currently working with ShopKeep or considering signing up with ShopKeep, speak with merchant account experts at Verisave. We have worked with ShopKeep on behalf of our clients in many industries and can help you to navigate the negotiation process to acquire the lowest rates using their most efficient tools, pricing plans, processing rates, and more.

Products & Services Offered

ShopKeep’s credit card processing tools work with iPad and iPad mini devices operating with iOS 10.8 and higher. Android is not an option with this payment platform.

Shopkeep Products

Concerning credit card payment processing, ShopKeep offers the following service:

SHOPKEEP PAYMENTS: ShopKeep’s credit card payment processing service.

SHOPKEEP REGISTER: With ShopKeep’s POS app, retailers can achieve so much including ringing up items, splitting tenders, adding modifiers, quick discounting, taking payments, easy returns and refunds. The ShopKeep POS system allows merchants to process payments every way possible:

  • Cash
  • Debit card transactions
  • Credit card transactions
  • Card-not-present transactions
  • Checks
  • eCommerce Payments

Within The Shopkeep POS System, Merchants Also Have Access To Many Business Management Tools:

  • ShopKeep Backoffice
  • ShopKeep Inventory Management
  • ShopKeep Reporting
  • ShopKeep Tax Rates
  • ShopKeep Multi-Store
  • ShopKeep Pocket App
  • ShopKeep Customer Management

UI/System Integration

ShopKeep offers a user-friendly operating system. Remaining true to the iOS operating systems of Apple devices, the payment platform is easy to navigate and very intuitive. Set up is easy and self-explanatory as the program walks you through the installment process. While setting up your system, the app also offers a guided tour of basic features.

All of your reporting, inventory receiving, and employee time tracking are done on the web platform while most of your interactions are with the iPad app.

How Much Will You Be Paying For ShopKeep Services?

ShopKeep started by offering a fixed rate price for their services but has recently switched to a quote system, requiring the user to call for more detailed pricing information. Pricing will vary based on a number of business specifics.

ShopKeep’s fees for services vary for merchants based on multiple factors:
Business size
Monthly credit card processing volume
Use of Sage’s cloud-based business management tools
Type of industry

To get the most out of ShopKeep services, Verisave can compare your initial quote or current plan from ShopKeep against our benchmark data. This proprietary data is comprised of over 500 companies’ credit card processing data, giving you a clearer understanding of the plan and pricing offered to you by ShopKeep and whether or not you can expect better pricing or better service options from another company.

Consider Your Desired Contract Length

With ShopKeep, you pay as you go. There are no required contracts and billing is offered on a month to month basis. You can discuss with a sales rep the option of long term contracts which may result in better rates for services, but this is not a requirement.

Considering early termination or merchant services restructuring? These are two more excellent services we can provide to merchants looking to lower their credit card processing fees. Contact Verisave to learn more about the ways we save our clients an average of 25%-35% in merchant fees.

Speaking With ShopKeep Sales and Customer Service Reps

Researching ShopKeep Services – ShopKeep shares a lot of information about their services directly on their website. However, pricing information is only obtained by speaking with a sales rep. We have found that the sales reps at ShopKeep are open about pricing information and easy to work with.

Contacting Customer Support – ShopKeep offers lots of avenues for customer support. These include traditional methods such as online chat features, email, and phone lines. You can also pay for private training to use their systems.

Verisave Merchant Services Review

ShopKeep for Credit Card Payment Processing

Our team of auditors has worked with a number of clients using ShopKeep and their credit card payment processing services. We have become very familiar with the services they offer, as well as their fees and payment structures for credit card processing.

Using a merchant account auditing firm like Verisave can give you a leg up on selecting POS systems, payment platforms, payment processors and more. We offer valuable backend knowledge of their sales practices and average rates other customers have achieved. After speaking with a sales rep at ShopKeep to see what rates they offer you for their services, contact Verisave to see what more we can do to help you achieve the lowest rates and pricing possible for credit card processing with ShopKeep.

If ShopKeep is not the best fit for your business, we can point you in a better direction. Verisave has worked with over 500 companies to reduce their merchant services fees and credit card processing rates. Our extensive knowledge gained by working with processing and merchant services companies like ShopKeep (and many more) is the advantage your business needs to maximize their bottom line.

Verisave Merchant Services Review: eProcessing Network

eProcessing Network for Credit Card Payment Processing

eProcessing Network, LLC is a software development company specializing in transaction processing services and support. They process merchants’ credit card, debit card, NFC, Apple Pay, ACH/check, gift card and loyalty transactions. They have been in business since 2000 with their home base in Houston, Texas. eProcessing Network is a gateway provider for merchants to accept credit card and debit card transactions either through a website, virtual terminal, or mobile processing system.

Through eProcessing Networks, you cannot obtain a merchant account. Their services can be paired with an existing merchant account, however. A few major merchant account providers they work worth include First Data, Chase Paymentech, and TSYS.

Verisave has worked with many companies using eProcessing Network’s services to lower their overall merchant fees. You can access eProcessing Network services directly through the company or through your current merchant account provider if they have a working relationship with eProcessing Network.

Products & Services Offered by eProcessing Network

ePROCESSING NETWORK SECURE PAYMENT GATEWAY: This is eProcessing Network’s PCI compliant gateway system that is necessary for using any of their merchant tools.

ePROCESSING NETWORK POS: This POS system is designed to be used specifically with eProcessing Networks gateway. It’s a virtual terminal that can be used with or without the presence of the card. This POS system is proprietary eProcessing Network software that is installed in your computer as opposed to a browser-based POS device.

ePROCESSING NETWORK MOBILE: You can obtain eProcessing Networks mobile apps for processing payments on smartphones and tablets (Android and iOS). Not all android devices can support the application.

ePROCESSING NETWORK WEB ORDER GENERATOR: Create customized HTML-based web order forms.

ePROCESSING NETWORK BILL PAY: Offer customers a paperless billing option for receiving and paying invoices via email.

ePROCESSING NETWORK INVENTORY: Manage your inventory using the cloud.

ePROCESSING NETWORK CUSTOMER DATA MANAGER: Store sensitive customer information including billing address and payment methods on the cloud.

ePROCESSING NETWORK RECUR: Offer your customers the option of making installment payments, subscriptions, and membership pricing options.

ePROCESSING NETWORK SYNC & PLUGIN: synchronize transaction data between your eProcessing Network gateway and QuickBooks.

ePROCESSING NETWORK MASTER ACCOUNTS: the Master accounts feature allows a central or corporate location to access transaction data from all locations via a single login.

ePROCESSING NETWORK FRAUD PROTECTION: All eProcessing Network tools include Address Verification Services (AVS) and CCV2 Card Verification Code.

eProcessing Network is a secure and well-established gateway provider in the merchant services industry. If you are currently working with eProcessing Network, Verisave auditors can help you to lower your overall merchant fees. Having worked with hundreds of merchants to significantly reduce their overall merchant fees, we have developed proven strategies for obtaining savings with eProcessing Network.

eProcessing Network UI/System Integration

eProcessing Network has developed tools for merchant services that help to organize and streamline your credit card processing. They work as your payment gateway in conjunction with a number of prominent merchant account providers and processors. Their proprietary software allows you to turn your computer or handheld device into a POS device that integrates with existing merchant accounts and tools from other providers.

How Much Will You Be Paying For eProcessing Network Services?

Like many companies in the merchant services industry, pricing for eProcessing Network services is not disclosed on their website. For this information, you’ll have to speak directly with a sales rep. If your current merchant account provider works with eProcessing Network, then you can ask them their rates for signing up through the merchant account provider.

Per our experience with eProcessing Network, their gateway services are close to $10.00 per month with an additional $0.05 per transaction. eProcessing Network does also charge a one time startup fee which is typically less than $100. Pricing will vary again when you opt for additional services from eProcessing Network or hardware.

eProcessing Network’s fees for services are typically on par with industry standards and compared to other popular gateway providers, their pricing is a bit less expensive. Verisave can help you to obtain significant overall savings when you speak with our merchant account auditors. Our experience in the credit card processing industry combined with our benchmark data gives us a leg up when working with any payment gateway providers and other merchant account providers.

eProcessing Network Contract Length

You can expect month-to-month billing and contract lengths with eProcessing Network. With month-to-month contract lengths, there are no early termination fees.

eProcessing Network Sales and Customer Service Reps

On the eProcessing Network website, you will not find any disclosure of pricing. For this, you will have to speak directly with a sales rep. Upon calling eProcessing Network, you will speak with an in-house representative. Speaking with the sales rep takes a few minutes and they will ask for personal information concerning your business, credit card processing volumes, and more, before disclosing rates and pricing. They are relatively easy to work with.

eProcessing Network offers telephone support every weekday from 7:00 AM to 7:00 PM (Central time). For after hours support, they provide an email option. They are known for great customer service provided by in-house staff instead of outsourcing. However, without 24/7 support lines, it’s tricky to get the help you need after standard business hours.

Their customer support is known to be very helpful as all customer support staff are in-house and not outsourced. For troubleshooting common problems, their FAQ page on the website is often a quicker solution than contacting customer support.

eProcessing Network Online Reviews

The BBB has shown a number of negative complaints against eProcessing Network but upon closer review of these complaints, the customer seems to have confused eProcessing Network (the gateway provider) with which ever merchant account provider they are using. Unfortunately, this has resulted in a lower overall score for eProcessing Network’s BBB rating.

Overall, eProcessing Network has a low volume of positive and negative complaints online (not including the misleading complaints directed at merchant account providers). This is considered a good sign for the company.

Verisave Merchant Services Review

eProcessing Network for Credit Card Payment Processing

eProcessing Network’s gateway and associated services perform well and cover most, if not all, of the needs of eCommerce and retail merchants alike. While they don’t disclose pricing information for any of their services on their website, the feedback we’ve received indicates that their prices are quite reasonable and compare favorably to other gateway providers.
Overall, eProcessing Network is a great option for many business owners in need of a gateway provider for credit card payment processing. They are easy to integrate with a number of existing systems and merchant account providers, and their prices are relatively fair.

If you are interested in working with eProcessing Network, Verisave merchant account experts are eager to assist you in the onboarding processes. Verisave can help you to control costs with eProcessing Network and other merchant related accounts. Our proprietary data, developed by working with over 500 companies using credit card processing services, gives you access to more savings opportunities and transparency.

Companies currently working with eProcessing Network can recognize more savings as well when working with Verisave. See how our process can be applied to your business by watching this short video:

To get started, submit your most recent merchant account statement for a fee analysis. There is NO RISK in partnering with Verisave – you approve of our plan before it is implemented. You remain in total control of your merchant accounts while a Verisave consultant does all of the heavy lifting. Capturing savings will be our full responsibility and not another task on your list of things to do.

Verisave works on a gain/share basis, you only pay us our share for creating these savings AFTER you have pocketed the money. Once we have successfully reduced your overall merchant fees, Verisave will continue to audit and monitor your merchant statement each month ensuring the saving initiatives stay in place. We will continue to identify additional savings opportunities on your behalf. Contact Verisave to find out how you could benefit from our merchant account auditing services.

Verisave Merchant Services Review: Square

Square for Credit Card Payment Processing

Square is a popular platform for eCommerce as well as in-store purchases. Originally, it was more optimal for small business but is growing it’s capabilities to offer services to larger companies as well. However, we do feel it is still best suited for smaller and medium-sized businesses with it’s current flat rate pricing. Square’s suite of products and services, including Square Register and Square Point of Sale, are great tools that go beyond the basic needs of credit card processing, offering merchants more tools for running an efficient business.

Like Paypal, Square is an aggregator: a wholesale buyer or broker of a utility service, such as electricity or long-distance telephone service (or credit card payment processing), who packages it and sells it to consumers. Instead of acquiring a merchant account, gateway, and payment processor, merchants can choose to use an aggregator like Square. This is also known as the PAYFAC (payment facilitator) Model. Merchants pay for a packaged payment processing service that Square takes care of for you, in return charging a flat rate with fixed fees based on location and currency.

If you are looking to work with Square, or if you feel you have outgrown their services, speak with a merchant account expert at Verisave. We have worked with all aggregators, independent merchant account providers, processing gateways and payment processors in a variety of industries and can help you to determine which route is best for your finances. Many business owners look to Verisave to lower their overall merchant fees and eliminate the stress of managing their merchant accounts each month.

Merchant Credit Card Processing Products & Services

Square has developed a number of tools for merchants and eCommerce business owners. Specifically related to credit card payment processing, Square offers the following services:

SQUARE POS PROCESSING: Square uses mobile apps and software for their POS system. Their POS app is free. You can also integrate their POS system with other POS systems if needed. With their mobile POS system, merchants can access the following tools:

  • Receipt printing (iPad only)
  • Kitchen ticket printing (iPad only)
  • Kitchen display compatibility (iPad only)
  • Signature and tip on paper receipt (iPad only)
  • Split tender
  • Show change for cash
  • Cash/check reporting
  • Custom transaction amounts
  • Suspend tickets
  • Tips by %
  • Tips by $
  • Discounts by %
  • Discounts by $
  • Full and partial refunds (including itemized refunds)
  • Signature off option on small tickets (under $25)
  • Emailed receipts
  • SMS receipts
  • Customizable receipts
  • Offline mode card processing

SQUARE eCOMMERCE: Create an online store front, integrate with an existing website, and allow customers to make easy payments for goods or services online. With Square’s eCommerce tools you get:

  • Web store hosting
  • Payment gateway
  • Order pickup

SQUARE INVOICING: Among Square’s many merchant tools is a customizable tool for creating customer invoices.

SQUARE VIRTUAL TERMINAL: Square’s terminal is browser-based which allows you to enter payments into any device connected to the internet. It’s a free terminal tool as well where as many companies charge for this feature.

SQUARE CARD ON FILE: Store sensitive customer information off site using Square. Their security features maintain PCI compliance.

SQUARE DEVELOPER TOOLS: Developers can also customize PCI compliance solutions.

SQUARE PAYMENT ACCEPTANCE: Square is currently available to merchants in the United States, Canada, Japan, Australia, and the United Kingdom. Payment methods and pricing vary based on which country you’re in. Merchants using Square services can accept payments using any of these available methods:

  • Visa
  • Mastercard
  • American Express
  • Discover
  • In-store terminals
  • Online Shopping Carts

Square Also Offers The Following Business Management Tools:

SQUARE for APPOINTMENTS: Merchants can use Square’s tool for appointments that gives them access to the following capabilities:

  • Syncing with Google Calendar
  • Free online booking site
  • Booking by employee
  • Auto-populate services for website
  • Widget to integrate in existing sites
  • Accept pre-payment and charge no-show fees
  • Accept tips
  • Allow clients to reschedule their own appointments
  • Sell retail items and manage inventory
  • Send invoices
  • Send reminders
  • Customer database with notes

SQUARE for RETAIL: Retailers using Square (iPad – exclusive system) have access to the following business management tools:

  • Itemized exchanges
  • Barcode printing and scanning
  • Cost of Goods Sold (COGS) reports
  • Profitability reports
  • Category reports (including profitability)
  • Purchase order management
  • Vendor management
  • Transfer inventory between locations
  • Discounts
  • Employee management (included at no additional charge)
  • Accept/receive inventory from within the app

SQUARE for RESTAURANTS: Restaurants using Square (iPad – exclusive system) have access to the following business management tools:

  • Customizable interface
  • Customizable floor plan
  • Multiple menu support
  • Coursing tools (including 1-tap firing)
  • Comps and voids
  • Move or split tickets
  • Split tender
  • Tip management, including automatic gratuity
  • Free contract templates for catering
  • Employee management
  • 24/7 tech support (phone and email)
  • Restaurant focused-reports, including cover, menu, labor, and revenue center reports

Speak with Verisave to see how we can lower your merchant account fees using Square. Traditionally, we will not require you to change processors, but if Square is not the best suit for your business and you can save on merchant fees by using another processor, then we will let you know. In any case, give us a call before making long-term commitments to any credit card payment processor.

Square System Integration

Not all businesses are going to find the PAYFAC model efficient for their payment processing. Those who are processing higher credit card payment volumes each month should consider another route. However, if your business is a good pair for a PAYFAC model like Square, then you’ll be pleased to know that Square is an extremely simple system to integrate into new and existing eCommerce sites and store fronts.

How Much Will You Be Paying For Square Credit Card Processing?

Square sells their services at a highly predictable flat rate. As of September 2018, their rates for payment processing are as follows:

Square for individuals: No monthly subscription cost. Fee of 2.75% for each transaction.

Square for teams (2-5 employees): $50 per month + 2.75% per transaction.
Square for teams (6-10 employees):$90 per month + 2.75% per transaction.

Larger teams must call Square for a quote for pricing.

Square for Retail: $60 per month per location, with additional registers available for $20/month each. Fee of 2.5% + $0.10 per transaction.

Square for restaurants: $60 per month per location for the POS, with the ability to add on additional registers for $40/each. Fee of 2.6% + $0.10 per transaction.

Verisave has worked with hundreds of companies to lower their overall merchant fees. We are confident our auditing experts can help you to lower your overall monthly merchant fees whether you use a PAYFAC model or traditional merchant account. While Square is a great tool for small to medium sized businesses using primarily eCommerce, many businesses will quickly outgrow the Square pricing model. Concerned you are already there? Speak with Verisave to see what you could be saving by switching to a merchant account and processor that are more equipped to handle higher sales volumes. Contact us today to start this simple process with a free analysis of your current merchant account statement.

Contract Lengths For Using Square Payment Acceptance

Square is simple. They require zero contracts resulting in zero cancelation fees.

Working With Square’s Sales and Customer Service Reps

Researching Square’s Sales Associates – Square is very straightforward on their website when it comes to sharing fees, rates, and other service details. Being a PAYFAC model aggregator for credit card processing services makes transparency incredibly easy in their marketing campaigns.

Contacting Square’s Customer Support – Square offers a vast library of readable resources for troubleshooting. If you cannot find what you are looking for there, you can reach customer support via phone, email, contact form, or live chat.

VERISAVE MERCHANT SERVICES REVIEW

Square for Credit Card Payment Processing

While we might not promote Square for large businesses and enterprises, they are a suitable payment processing aggregate for some merchants. If your business is in the beginning stages, then Square is a great starting point. But once you begin processing higher volumes of credit card transactions, then you will need to restructure your merchant accounts to achieve greater savings in your overall merchant fees. Speak to Verisave to find out if you have reached that point. We can help direct you towards a more effective way of processing credit and debit card payments so you are not overpaying.

Verisave specializes in reducing merchant fees for companies of all sizes. Working with 500+ merchants to drastically lower their credit card processing fees has led our team of experts to develop proprietary benchmark data for tracking and comparing your rates and fees with current market trends. Based on our experience with numerous processors, gateways, and credit card providers (including PAYFAC models like Square) – and now having an invaluable data set of industry statistics – our clients gain control over the confusion of the credit card industry and save money. Watch the video below to see how our trusted process works:

Whether you are currently working with Square or if you are just exploring your options, our experience in the credit card processing industry lends a considerable leg up to merchants in any industry. Contact us today to start the process of uncomplicating your merchant statement and lowering your merchant fees.

Savings Calculator

Benchmarking Your Credit Card Processing Fees

Get a No-Obligation Savings Analysis

Simply upload a recent Merchant Account Statement here. We will report back with any savings opportunities we identify.