In order for any business to be successful, it has to make money. You need to bring in enough revenue so you can pay for inventory, staff, utilities, advertising, and rent. And being able to give yourself a paycheck would also be nice.
There are some businesses that do well with sales, but still struggle to earn money or break even. When faced with this challenge, business owners may not know what the next steps are to get back on track. Some may turn their attention to selling more products and services. For instance, if you own a hair salon, you may push your hair care products more to customers or increase the price of hair coloring services.
If that plan proves to be impactful, then your problem is solved.
But not really.
What if the problem isn’t your profits, but your payments?
Something business owners often overlook is their credit card processing services. When it comes to finding the best credit card processing company, some business owners don’t know exactly what to look for and simply sign with the first one they come across in order to start accepting credit, debit, and mobile payments as soon as possible. And once it’s all said and done, you shift your focus elsewhere and forget to go back and assess how well that arrangement is working out.
As a result of the unregulated industry that is merchant services, oftentimes business owners are unaware that they’re being taken advantage of by their credit card processing company. Your rates and fees may start off somewhat reasonable, but increase tremendously as time goes on without much of a warning.
The best merchant services are provided by the best credit card processing company.
The best credit card processing company will provide up-to-date POS terminals and help maximize your retail sales by not taking all of your money. You then are able to increase profits and put that extra cash back into your business in order to increase your bottom line even more.
MerchantPro Express (MPX) is a New York-based, credit card processing company that offers the best merchants processing services with the help of Wells Fargo, the largest funding bank in the country, and First Data, the largest processing platform in North America.
MPX provides the best merchant services to a wide range of industries, including:
- Hair and Beauty Salons
- Funeral Homes
- Retail Stores
- Online Businesses
- Home Oil Companies
- Moving and Storage Centers
- Grocery Stores
Although their partners include major organizations, MPX is a small enough company to take the consultative approach with each client. They get to know every one of their clients and their businesses in order to figure out how to properly help them.
Every business goes through a thorough and complete sales process in which they meet with a consultant and provide your most recent credit card processing statement. MPX can then see how much you’re current merchant processor is charging—or overcharging—you and create a Cost Savings Solution tailored to your business. They discuss the solution with you and answer any questions or concerns you may have. Their goal is to not only save your business money, but help you understand the merchant services industry. Once you approve, they’ll set up your new credit card processing solutions and you can start saving.
Learn more about MPX and how we can service your business.