Results 1 to 6 of 6
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01-21-2021, 01:10 PM #1
I Can Save You 95% Of Your Fees
My name is Corey Preiss. I can save your business 95% of your payment processing fees.
If you did $100,000 in processing, you normally would pay $3,900 in fees.
We offer MASSIVE savings
Lowering fees from $3,900 to $0
Saving you about $47,000 a year
We also have Next Day Funding where you will receive your money the next day.
No equipment fees. We have equipment for any business.
Fill out an application on this website for a quote.
https://preisscapital.com
Payment Processing 2.jpg
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01-21-2021, 03:54 PM #2
- Join Date
- Aug 2014
- Posts
- 194
Hi Corey, Welcome to the CC processing/MCA industry.
All ISO's and processors are offering cash discount, I would encourage you to partner up with a registered ISO to offer these services, as you will make more cutting out the middleman you seem to be working for.
Cash discount is great way to get into the door with small business but make sure you have the right partner behind you, that will not only support and train you but deliver for your merchants.
Best of luck
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01-22-2021, 12:56 AM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
I Love these posts.
$100,000 in process will generate $3900.00 on fees?
You have a merchant paying 3.9% ? I review several hundred processing statements per year,
I wish they would were paying 3.9% - I would close 100 or out 100
IMO - Someone is not teaching you correctly.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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02-03-2021, 09:38 PM #4
- Join Date
- Oct 2013
- Location
- Designer
- Posts
- 597
I think he's going worse case scenario with all transactions over the phone/not in person and/or all using corporate cards with a 2.32 non-qualified rate tacked on to the 1.67 discount rate, or even a rewards card rate of 1.99 added.
www.UccRadar.com - Merchants ready to fill out YOUR application right now!
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02-05-2021, 10:45 AM #5
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
Nearly all Merchant Accounts should be written as Interchange + Dues + Assessments + Basis Points (Gross Profit Margin)
BP should = in the range of 35/50 - That will produce a good residual income for the agent - plus maintain the merchant processing cost 2.00 to 2.25
I have not written a tiered pricing schedule in a very long-time
As you mentioned, the Card Networks have over 150 Interchange Classifications - which a merchant does not know the breakdown
until he/she reads merchant statement at the end of the month - which most merchants never read.
Merchant's get nailed on a tiered pricing.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-21-2021, 06:47 PM #6
- Join Date
- Apr 2021
- Posts
- 45
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