The Processing Trap
Chances are, you’re in it.
Interchange rates, that’s where we start.
Working with manufacturing companies, we realized that every other bank and processor were categorizing and charging those companies the same way they would standard retailers or e-commerce stores. This traps manufacturing companies into the wrong pricing structure with the wrong fees and rates. As experts in manufacturers processing, we realized that correcting this simple issue saves manufacturing companies thousands of dollars per year.
Because of the high use of business, purchasing and rewards cards there are ways to dramatically improve the rates that manufacturing companies clear. We are not just trying to cut costs like every other processor, we are actually clearing the transactions at lower interchange levels which lead to material change.
We ensure that our customers are getting the right rates for the business. With just a quick 15-minute rate analysis our payment specialists can analyze your current rate and let you know if these savings are available to you.
MANUFACTURING STATEMENT SAVINGS ANALYSIS
Manufacturer Savings Analysis
The savings below came from one of your competitors. Switching is a fast and easy process.
How it Works
As a manufacturing business, you accept credit cards from corporate customers not direct from consumers. We will correctly structure your account to improve your savings.
This manufacturing business was able to bring in over $8,000 a month in savings after the simple process of switching to TouchSuite.
Rate optimization saves you money a few different ways:
- Reductions of fees and rates
- Reduction in effective rates
- Net savings increase
- Interchange discount