Over the past couple of weeks I have run into many merchants that feel ripped off by their merchant sales representative. Time and time again I hear “I just didn’t know what to ask for.”. Like with any other purchase for your business, it is important to learn about your product.
Here is a list of common terms you should know when talking to credit card processing companies:
Knowing the merchant processing industry lingo is just one way to protect your business from getting ripped off. Always remember to read the fine print and get a second opinion.