When you’re shopping for a new home to place your merchant services business, what exactly should you be looking for?
There’s a long list of considerations. And not every provider will check every box in the same way.
So it’s important that you set priorities and try to find the provider that most closely meets your most important criteria.
For example, if you’re looking for lots of training and support, you’re probably going to have to sacrifice some revenue share compared to another provider that doesn’t do this.
One of the most important things you can do? Make sure their goals align with your goals.
☑️ Are they looking to exit in the near future?
☑️ In what ways are they reinvesting in their own business?
☑️ How do their partners/agents fit into the picture and what value do they place on them?
Streamline Merchant Onboarding
What is one of the worst habits we see in merchant services? Rekeying application data over and over. Why is this so bad? We’ll get to that in a second,