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How Did Rate Tracker Get Started?
Credit Card Processors

How Did Rate Tracker Get Started?

Rate Tracker was created to start a movement in the payment industry. Small business owners are often taken advantage of by credit card processors because they know that those business owners rely on them to make money. Likewise, the processors also know that small business owners are far too busy to read over their statements every month. Even if they did have the time, most people can’t make heads or tails of what they are reading. This lack of clarity is allowing the payments industry to trample the small business owners in our country and slowly line their own pockets with your hard-earned money! The Movement There are two stories that come to mind when people ask us why we created Rate Tracker. Both involve merchants who were losing money due to unknown processing rate increases. The first story is about a merchant who we asked to test out our beta version of Rate Tracker. He was adamant about not switching processors because he believed he was getting great rates. After using Rate Tracker, he realized that he was actually paying way more than he thought and immediately switched payment processors. The next story is about another merchant who never looked at his statement from his processor. Two years went by without him ever knowing that they raised his rates. That mistake totaled at about $10,000 of additional fees that he was way paying due to not tracking his rates. Our Inspiration Our goal of creating Rate Tracker is to bring transparency into the payments industry so that small business owners can take control over their credit card processing rates. Learn More About Rate Tracker If you are interested in learning more about how Rate Tracker works or to get started, contact us today!

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Rate Tracker Referral Partners
Credit Card Processors

Why Become a Rate Tracker Referral Partner?

The credit card processing industry is a mystery to many small business owners. Because of this, processers take advantage of small businesses by increasing their rates just to benefit themselves. More often than not, this happens without the owner even noticing until months or years down the line. Rate Tracker is here to reform the payments industry by educating small business owners so that they can take control of their rates. By joining our movement, you can build better, stronger, and longer-lasting partnerships with your customers. As a referral partner, you’ll build trust, provide value, and make your customers raving fans all earning passive mailbox money. Join the movement today with Rate Tracker.

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Are You with the Right Credit Card Processor?
Credit Card Processors

Are You with the Right Credit Card Processor?

Are You with the Right Credit Card Processor? As a small business owner, your money means a lot to you; so, saving where you can is essential. One area where you can potentially save a lot of money is with your credit card processor. How Do You Know if You are with the Right Processor? Rate Tracker is here to help you determine if you are working with the right people by asking yourself these simple questions. Do You have a Dedicated Representative? If you are working with a person from their team, is it always the same person? Is that person working with you to help you manage your account? Is Your Representative Paid Monthly? A big thing in the credit card processing industry is residual income. If somebody is making money every month from managing your merchant account, they’re going to be incentivized to make sure that you’re happy. Is the Solution You Have the Right Choice for Your Business? Every business has different needs, and most merchants don’t realize all of the different equipment options that are available that could be serving your business and customers better. Do You Ever Get Frustrated with Your System? If you find yourself getting frustrated with your credit card equipment or system, you don’t have to suffer through it. There is likely a solution that has been created to ease the stress for you and others in your industry. What is Your Rate? If your rate is higher than 3.5% or increasing each month, something isn’t right. We are here to help you figure out why that’s happening and how you can fix it. Learn More About Rate Tracker If you are interested in learning more about the credit card processing industry and which processing solution is right for you, contact us today!

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Credit Card Processors
Credit Card Processors

4 Things to Look for in a Credit Card Processor

As a business owner, choosing the right credit card processor can seem like a daunting task. There is so much involved within this industry that makes it hard to know when you’re actually getting a good deal or if you’re getting the wool pulled over your eyes. That is why Rate Tracker was created; to shine light on this industry that not many people understand. So, today we are going to talk about 4 things you should look for in a credit card processor. 4 Key Factors: 1. Right Solutions You want to find a processor that can provide you with the right solutions for your business. For example, if you are a veterinarian clinic, your needs as a business are different than an HVAC company. The HVAC company might need payment devices that are mobile so they can use them in the field, whereas the vet won’t need that type of solution. 2. Ongoing Service This is a big one. You want to make sure that the processors you are choosing will be there for you after the sale. Will they have a real person that you can talk to for support? Do they give you one point of contact for any account management? 3. Full Disclosure The credit card processing industry is a very convoluted and confusing industry when it comes to pricing, rates, costs, fees, and charges. Having a full disclosure will protect you as a business owner. 4. “Get It Done Right” Mentality When you talk to a representative or check out their website, your first gut feeling can really help you know if you’re going to like working with that company. This goes for any type of business. If the processor seems like they have the “get it done right” mentality in addition to the other three key factors, you have found your processor! Learn More About Rate Tracker If you are interested in learning more about Rate Tracker and the credit card processing industry, contact us today!

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How Did Rate Tracker Get Started?

March 10, 2021/

Rate Tracker was created to start a movement in the payment industry. Small business owners are often taken advantage of by credit card processors because they know that those business…

Why Become a Rate Tracker Referral Partner?

March 4, 2021/

The credit card processing industry is a mystery to many small business owners. Because of this, processers take advantage of small businesses by increasing their rates just to benefit themselves.…

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