As small business owners enter 2012, they have a prime opportunity to immediately increase their profit margins by reviewing and evaluating their 2011 credit card processing statements.
Online PR News – 09-January-2012 – Charlestown, MA – As small business owners enter 2012, they have a prime opportunity to immediately increase their profit margins by reviewing and evaluating their 2011 credit card processing statements. A reduction of even a small percentage point or transaction fee could result in major savings by the close of 2012. This new year offers a unique opportunity as merchants should now have 3 months of data to evaluate the savings they should have received from the Durbin legislation that went into effect on October 1st.
In an effort to provide small business owners with the tools and advice needed to take advantage of the largest savings possible, CheapestMerchantAccounts.com, the leader in merchant account reviews, is proud to announce Merchant Warehouse is the top provider available on the market today. The website has reviewed over 40 processors, rating each on the rates offered, the dues and fees, and any contracts/cancellation fees associated with the accounts. CheapestMerchantAccounts.com also reviews the customer service and support offered to business owners, ensuring that the savings do not come at the expense of the accounts long term health.
"Many small business owners begin the new year thinking about all the ways they are going to increase their profits in the year ahead," states site co-founder Gerald Evans "yet so many overlook that by switching to the right processor they can increase their profits on every item they sell." Small business owners are advised to review their processing statements, paying particular attention to any miscellaneous fees or transaction costs. If you are not experienced evaluating your statement Cheapest Merchant Accounts offers advice on how to examine your statements for hidden costs.
In addition to Merchant Warehouse, in-depth reviews are available on many of the largest processors on the market including Elavon and First Data. Small Business owners are encourage to visit CheapestMerchantAccounts.com to learn the ins and outs of determining the best merchant service provider available for their specific business needs.