New to the Game?
Whether your business is new, or your decision to process credit cards is new, we can give you direction on how to set up credit card processing for small businesses. It’s a multiple-step process, so let’s start with the easiest step first.
Customize Your Processing
Does your small business run on E-commerce? Is it a little, family-owned restaurant? Do you have an office that clients visit in person? Does it make most of its profits traveling at trade show booths or on-the-go visiting mobile customers? The answer to these questions will lead you to which payment method is best for you. If your customer base uses a variety of payment methods in person, you should make sure you get an EMV terminal. An online business, however, should be mainly concerned with a safe shopping cart and payment gateway.
How to Setup Credit Card Processing for Small Business: The Application
Once you’ve decided among office, website, mobile processing, or all three, you’ll need to apply for a processor that fits your needs. We’ve outlined the application process in a previous article that goes in-depth about all of the things you need.
Part of the setup process is preparing for the cost of merchant services. You should plan to budget between 1.5% – 3% of all your sales depending on your industry type. Choosing the wrong processor could land you in an expensive equipment lease or an extended contract with hefty early termination fees. If you decide on PayFrog, we’ll start you out with no setup fees and you can cancel anytime with no penalties.
Talk With Your Rep
The step that business owners fear is the hardest turns out to be the easiest at PayFrog. Enabling all of the individual features like automatic billing, emailed receipts, and tracking bank reports is quick and easy. We make it part of the conversation during the application process so we already know what you want. Learning how to set up credit card processing for small business is the best decision you can make as a business owner. To make it cheap too, we’ve added a price-match tool because we know how to process your payments on a shoestring budget.