Credit card processing fees
Credit Card Processing
What you need to know!
e Card Technology has been in the payment processing industry since 1996. We pride ourselves on a philosophy that business owners appreciate you more when you are forthright with them from the beginning of a processing relationship.Most merchant account providers tend to look similar but, if you take a closer look, you may find some very Compelling differences.
Third Party Processors
What exactly is a 3rd party processor and are you confused as to who they really are?
There are professional Merchant Service Providers (MSP) and then there are 3rd Party Processors/Aggregators or Transmitters of Money, which are all typically Internet companies pretending to provide a legitimate bank issued Merchant Account. These companies such as Square and PayPal own a Merchant Account and ‘rent’ their account to small unsuspecting companies for exorbitant processing fees.