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Rule Breakers in the credit card processing industry

Screen shots showing Costco and Quickbooks merchant account services hiding their transaction fees. I am sure they are not the only ones. Time to go double check the fine print.

Rule Breakers in the credit card processing industry

It’s not just Costco and QuickBooks doing this. The overwhelming majority of providers in the credit card processing industry use these same selling strategies. ( 3 , 12 )

Caution: Proof Merchant Accounts are Ripping You Off

Screen shots showing Costco and Quickbooks merchant account services hiding their transaction fees. I am sure they are not the only ones. Time to go double check the fine print. ( 1 , 41 )

Caution: devious credit card merchant accounts are ripping us off.

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From the page: "If you look down in the fine print youâ€ll s...

From the page: "If you look down in the fine print youâ€ll see that some â€oeNon Qualified Transactions” will be charged 3.27%. Thatâ€s a significant bump from the advertised rates. Thatâ€s important to know because depending on a few variables, anywhere from 10% to 80% of your transactions are going to be Non Qualified" ( 2 )

Metagg - 27 Sep 2007, 6:07pm in business, finance, business_&_finance, and credit

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