5 Tips for Finding Your Payment Partner

As a merchant, do you shudder at the thought of credit card fees and interchange rates? If you’re like most business owners, you want to keep your costs as low as possible so you can focus on what you do best – running your business. That’s where payment processors can be beneficial. By finding the right payment partner for your business, you can save money on those pesky credit card fees and enjoy a streamlined and advanced payment process. So how do you go about finding the right payment partner for your business? Here are five tips to get you started.

Communication

Like any business partnership, your relationship with your payment processor requires open and frequent communication. Make sure you’re comfortable with the method and frequency of contact of your merchant provider. You should never feel like your inquiries are ignored or unappreciated.

Transparency is one of Payment Savvy’s most essential principles. We speak honestly and respectfully with our merchants. As your payment partner, we will listen to your payment woes and share ideas and concepts to create your perfect payment solution.

Multifaceted

It’s better to be multifaceted than limited when it comes to payments. Ensure you’re working with a partner who can supply you with the payment channels you need to succeed. Whether a simple online payment portal or an all-in-done payment solution including IVR and text pay – your provider should have the latest technology consumers expect.

Since 2010, we’ve supported merchants across the country with the payment technology, expertise, and customer service essential to flourish. From collections to credit unions, our payment services are fully-developed and integrated with the most prominent software on the market today.

Stability

Get to know your payment processor before signing on the dotted line. Remember, payments are your lifeline to entrepreneurial success. A fledgling merchant provider can sound electrifying, but you need to be confident they will be with you for the long haul. It’s also essential they are established in your industry. A proven track record with contemporaries should give you peace of mind to move forward.

For over a decade, Payment Savvy has assisted merchants daily in creating innovative and fresh payment solutions. Whether your business is a startup or well-established, our multiple banking relationships and omnichannel payment suite are guaranteed to help your business grow. We will walk with you every step of the way to ensure your payment solution is optimal.

Adaptability

Both you and your payment partner need to be flexible. Outside of the theoretical, a one-size-fits-all approach seldom works. When real-world issues arise, the best payment processors change their strategies. Look for a partner that can adapt as the market shifts.

We are well aware the economic landscape can change at the drop of a hat. Our payment solutions withstand these shifts. Our technology is constantly evolving and we promise to add new compliant and secure payment options as they come to market.

Long-Term Relationship

Payment processing companies are a dime a dozen. Many provide quick sign-up and cookie-cutter solutions without requiring interaction with a specialist. If that’s all you need from a payment partner, your company is missing out on many possibilities. When everyone in a company collaboration aims for long-term results rather than just now, it’s more likely to succeed. Customized solutions allow you to do more. Period.

At Payment Savvy, you gain a perfect payment partner. We refuse to offer out-of-the-box solutions and require our team to listen to a clients’ needs first. From there, we work to create a payment solution that drives growth. We are energized by the notion of providing opportunities that enable our merchants to prosper. Our long-term goal is to help your business thrive.

Your Payment Partner

So, what makes a good payment partner? Any partnership comes down to building a level of trust and comfort in your partner. Their skillset and technology must meet your needs. Take the time to look into a payment processor’s ability and track record before deciding to work together. Looking for a better way? Payment Savvy is excited about helping merchants grow through our secure and innovative payment processing solutions. Give us a call today to discuss your optimal payment program.

We look forward to partnering with your business!