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Six Signs Your Small Business Needs To Switch Payment Processors

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Frank Kehl

Frank Kehl

Frank Kehl has been writing about merchant services, payment gateways, and international money transfer services since 2015. He has a Bachelor of Science degree from Penn State and a Juris Doctorate from the Ventura College of Law. After a long and enjoyable career of traveling around the world as an Air Force navigator, he’s comfortably settled down in the wine country town of Paso Robles in California’s scenic Central Coast region. He enjoys reading, photography, hiking, and numerous other outdoor pursuits.
Frank Kehl
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    My first experience with merchant processing came from having had a small gift basket business about 20 +/- years ago. I had the very unfortunate luck of meeting a First Data rep at a network gathering. As an inexperienced business owner, I was very unaware of the questions I should have asked at the time, and had to fight a very good fight to be released from my contract with them.

    Fast forward 10 years. I again found myself in the position of needing merchant processing in a different field of self-employment. My initial processor did their best to be competitive, but I eventually determined that, for my purposes, QuickBooks payment processing made the most sense for me. At the time, I paid a flat 3% monthly fee on my transactions, which was slightly higher than what most processors quoted, but it was CONSISTENT. Anyone that has owned their own small business knows how stressful it can be when you’re first starting out and you’re not sure whether you can meet your obligations from month to month. In spite of the fact that their fee was initially slightly higher from what their competitors were offering, I felt confident in my relationship with them because I didn’t have to worry from month to month about the unexpected surprises I might have to face. There’s more value than most realize in the peace of mind that comes from that kind of relationship.


      This is quite the information! Thanks for providing such an in-depth review of different payment merchants. With a few options on the market, it’s good to be able to get a clearer idea of the differences and benefits these guys offer. Thanks again and keep up with the great content!

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