Fire up your favorite search engine and enter “Payment Processing Company.” Google will often return “About 1,000,000,000 results” — in less than one second! No kidding; just try it. The options can be overwhelming. So, how do you find the right payment processing company for your business? The easy answer is to simply click on companies listed atop the search engine results and select the one offering the “best deal.” That route, however, could have a devastating effect on your business. The correct answer is to do your due diligence.
Before beginning your search for a new payment processing partner, it is imperative that you define the needs of your business. Defining your needs sets the baseline requirements for your processing partner. In order to develop a strong partner relationship, and in order to give your business its best chance to flourish, it is imperative that your payment partner meets all of your needs.
Simply put, Payscout is a “Payment Platform Built to Make You More Money.” Our omnichannel solutions allow partners to process more payments, expand acceptance channels, and accept multiple payment methods, doing so in an efficient and secure environment. Payscout allows our partners to cut costs and increase revenue through:
Interchange fees make up the largest portion of a merchant's payment processing costs. Unfortunately, it is often not clear what these fees are and how they are charged.
In order for Collection and Accounts Receivable Management (ARM) companies to survive, and prosper, in today’s busy world, they need to become automated — NOW.