Frequently Asked Questions.

  • The Merchant Way specializes in reducing credit card processing fees through two primary methods: traditional processing, where we analyze and cut down your existing fees, and a modern solution that passes a portion of the fees to your customers. This means significant savings without hidden charges, allowing you to focus on growing your business.

  • Our clients typically save at least $100 to $200 per month, with some saving up to $500 to $2,000. The exact savings depend on your current processing setup and the volume of transactions. These savings can significantly impact your bottom line, freeing up funds for business expansion, hiring, or other investments.

  • Passing credit card processing fees to customers can save you up to 4% each month. This approach is becoming more common, especially in the post-COVID-19 world where businesses are looking to cut costs and increase profits. We provide the necessary tools and compliance support to implement this strategy effectively.

  • In our fee-passing solution, a portion or all of the credit card processing fees are passed to your customers. This approach can eliminate your processing costs entirely, providing a straightforward and transparent way to manage transaction fees.

  • Statement Analysis: We start by reviewing your current credit card processing statement to identify unnecessary fees.

    Savings Presentation: We then present two ways to reduce your fees.

    Decision Support: We help you choose the best option for your business, ensuring that you see immediate and sustainable savings.

  • Once you sign up and we analyze your statement, you can start seeing savings as soon as your next billing cycle. Our efficient process ensures minimal disruption to your operations while maximizing your savings.

  • No, our initial statement analysis is completely free. We evaluate your current setup and identify potential savings without any upfront cost, making it a risk-free way to see how much you could be saving.

  • We offer white-glove service from installation to maintenance, ensuring you have the best technology available and continuous support. We perform regular check-ins to help you grow and reevaluate your needs, maintaining a consistent and proactive approach to your success.

  • Our advanced technology allows you to process payments in various ways, including website transactions, in-person payments, invoices, text payments, and recurring billing. We ensure you have the flexibility to accept payments in the most convenient way for your business.

  • We pride ourselves on being transparent by providing clear, understandable fees with no hidden charges. Our clients always know what they are paying for, and we work to ensure every transaction is straightforward and fair.

  • You can reach us through our website at www.themerchantway.com/get-started or by contacting our support team directly. We're here to help you save and grow your business with transparent and effective solutions.

  • Hidden fees are often unnoticed charges buried in the fine print of merchant statements. These can include terminal lease fees, high PCI compliance fees, early termination fees, non-qualified transaction fees, and monthly minimum fees. To avoid these, it's essential to partner with a transparent processor like The Merchant Way. We outline our fee structure upfront, provide month-to-month contracts, and assist with PCI compliance at minimal cost.

  • To open and maintain a merchant account, you need to provide a bank letter or a voided check to the merchant services provider for approval. This ensures the proper setup of your account for processing batch deposits.

  • A credit card surcharge is an additional fee charged to cover merchant costs for credit card transactions, which is restricted in some states. Cash discounting offers a discount to customers who pay with cash instead of a credit card, which is legal in all states. At The Merchant Way, we help you navigate these options to choose the best one for your business.

  • Accountants and other partners can earn 25% of recurring residual income for every business they refer to us. Contact us for a 15-minute consultation to discuss this opportunity and how it can benefit both you and your clients.

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