The Swypit Show - Episode 3 (Are You Trapped in Your Credit Card Processing Agreement?)
In the latest installment of The Swypit Show, Kevin sheds light on an important question business owners should be asking themselves - are you trapped in your credit card processing agreement?
In every agreement, there are a multitude of factors to consider. But at the end of the day, you want to rest assured that you're working with consummate professionals and a company rich with experience in their respective space. If this doesn't sound like your relationship with your current credit card processing company, it may be time to evaluate your options and consider a switch.
Listen as Kevin navigates this conversation and showcases some of the important variables you should be considering when evaluating your current agreement. Grab a pen and some paper because this episode is sure to leave you with a list of items to consider and perhaps a few questions for our team at Swypit!
For additional information on this topic, feel free to check out a short video here: Are You Trapped in Your Credit Card Processing Agreement?
Timecodes:
0:40 - Are you trapped in your current credit card processing agreement?
3:45 - What it means to be PCI compliant and why you must be compliant
6:30 - Do your research on the people you intend to do business with
9:50 - Teaser rates in the credit card processing world
11:30 - Work with professionals and ensure you're treated well
13:45 - "I'll get on a plane for my clients"
16:33 - Pay close attention to de-conversion fees
19:00 - Just pay the cancellation fee. It's worth it. Period.
21:00 - Closing remarks
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