Question 1

What is a Free Savings Analysis?

Accepted Answer

A Free Savings Analysis is a no-obligation review of your current merchant processing statements. We meticulously analyze your existing fees, rates, and contract terms to identify hidden costs and areas where you can save money. Our goal is to provide a transparent breakdown and show you exactly how much you could save by switching to Tailored Transactions.

Question 2

How does Cost-Plus pricing benefit my business?

Accepted Answer

Cost-plus pricing, also known as interchange-plus, is the most transparent and fair pricing model in the payment processing industry. You pay the direct interchange fees charged by the card brands (Visa, Mastercard, etc.) plus a small, fixed markup from us. This eliminates bundled rates and hidden fees, giving you a clear understanding of your processing costs and ensuring you always get the lowest possible rates.

Question 3

What is B2B Level 2/3 processing optimization?

Accepted Answer

Level 2 and Level 3 processing refer to enhanced data interchange rates for business-to-business (B2B) and business-to-government (B2G) transactions. By providing additional transaction data (like customer codes, tax amounts, and invoice numbers), businesses can qualify for significantly lower interchange rates. Tailored Transactions specializes in helping B2B merchants optimize their systems to capture this data, resulting in substantial savings on processing fees.

Question 4

How long does it take to switch merchant service providers?

Accepted Answer

The transition process is typically smooth and efficient. Once you decide to switch, we handle most of the heavy lifting. Depending on your current setup and equipment, the entire process, from application to live processing, can often be completed within 3-7 business days. We work to minimize any disruption to your business operations.

Question 5

Do I need new equipment if I switch to Tailored Transactions?

Accepted Answer

Not necessarily. In many cases, your existing payment terminals or point-of-sale (POS) systems can be reprogrammed to work with our services. If new equipment is needed or desired, we offer a range of modern, secure, and often free or low-cost options tailored to your business needs, including EMV, NFC, and mobile solutions.

Question 6

What types of businesses do you serve?

Accepted Answer

Tailored Transactions serves a wide range of US businesses, from small local shops to large enterprises. We have specialized solutions for retail, e-commerce, B2B, property management, utilities, mobile businesses, and more. Our goal is to provide customized payment processing solutions that fit your unique industry and operational requirements.

Question 7

Is my business data secure with Tailored Transactions?

Accepted Answer

Absolutely. Security is our top priority. We adhere to the highest industry standards, including PCI DSS compliance, to ensure all transactions and sensitive data are protected with advanced encryption and fraud prevention technologies. Your business and your customers' data are safe with us.

Question 8

What if I'm under contract with another provider?

Accepted Answer

We can still help! Many businesses believe they are locked into their current contract, but there are often ways to navigate early termination fees or find solutions that still result in significant long-term savings. Share your contract details with us during your Free Savings Analysis, and we'll explore your options.

Question 9

How do I get started with a Free Savings Analysis?

Accepted Answer

Getting started is easy! Simply click on any "Get My Free Savings Analysis" button on our website. You'll be directed to a short form where you can provide some basic information and optionally upload a recent merchant statement. One of our experts will then contact you to begin the analysis.

Question 10

Do you offer mobile payment solutions?

Accepted Answer

Yes, we offer a variety of mobile payment solutions designed for businesses on the go or those needing flexible payment options. This includes mobile card readers that connect to smartphones or tablets, virtual terminals for processing payments anywhere with an internet connection, and secure payment links.