STOP PAYING SO MUCH TO ACCEPT CREDIT CARDS FROM YOUR CUSTOMERS!
What makes Paramount Payment Systems credit card processing different from what you are doing now
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Paramount Payment Systems provides “Cost Plus” billing of fees.
The majority of Merchant Service Providers only give “Cost Plus” to businesses doing at least $1 million a year in credit card volume. Paramount Payment Systems offers “Cost Plus” pricing to anyone! “Cost Plus” is very different than the tiered (Qualified, Mid-Qual, Non-Qual) program that most merchants now have.
MAKING SENSE OF YOUR CREDIT CARD STATEMENT
Tiered Pricing
What The Other Guys Do:
Tier 1: Qualified Debit. Includes Offline Debit Cards (No Pin Number used)
Tier 2: Qualified. Includes Regular Credit Cards and Offline Debit Cards
Tier 3: Mid Qualified. Includes Rewards Cards, Hand Keyed Cards
Tier 4: Non Qualified. Includes Hand Keyed Cards, Business Cards, Government Cards |
Cost Plus Pricing
What Paramount Payment Systems Does
Cost:
We pass thru to you the Wholesale rates given by the Credit Card issuers. These Rates are Called INTERCHANGE and ASSESSMENT and range from 0.95% + $0.15 up to 2.70% and $0.10 per transaction.
Plus:
Flat Margin Increase added to the wholesale cost explained above.
With Paramount Payment Systems you will always know how much you pay above cost. |
General Fees on your statement
• Statement Fee • Debit Access Fee • Charge back Fees
• Monthly Minimum • AVS Fees • Batch Fees
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Beware of these Credit Card Practices
If you see any of these on your Merchant Statement call Paramount TODAY!!
CALL 866-663-0810
- PCI Compliance or Non Compliance fees being billed
- Annual fees being billed
- Discover Access fees, 24 Hour deposit fees, or Club Fees being billed
- Not giving you a % back when you do a return or refund on a customer’s card
- Card Types are not listed out with volume. Statement if vague.
- Rates are not listed out fully
- Some card types, when on tiered pricing, qualify at a higher tier based on the processor’s requirements
- Statements show fees billed for 2 months ago, then list out fees to be expected for previous month, that are not complete. Then those fees are taken out in the current month of processing.
- Open Ended Contracts, No Contracts. Means you are not contracted to your rates.
- Contract forms are branded with the Sales Organization Name rather than with the direct processor’s name
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