PayRover Launches Disruptive Raw Cost Credit Card Processing Platform To Expose And Eliminate Hidden Fees In Tough Times

Los Angeles, CA (PRWEB) March 2, 2009

PayRover, Inc. today announced the availability of its revolutionary new Raw Cost Platform™ for processing credit cards.

The new platform eliminates hidden fees and connects businesses of any size directly with Visa and MasterCard. Companies that accept credit cards must do so through a registered reseller of Visa and MasterCard. "Resellers have free reign to mark up raw Visa and MasterCard costs by 30-60%. PayRover doesn't add markup," said Laura Wagner, the company's CEO. "Instead, we charge a nominal fee to process cards and checks through our platform so they can be processed at raw cost."

PayRover exposes the hidden fees paid by each business and makes it easy for them to switch and save. There are no start-up fees, no long-term commitments and the company offers a compelling low cost guarantee.

Many of its first customers are processing over $500,000 per month in credit cards and are projected to save tens of thousands per year on fees. PayRover provides a quick and easy rate calculator on its website at http://www.payrover.com and offers a free detailed analysis to show the exact savings potential.

PayRover was founded by a team of pioneering payment industry executives who understand that "less is more" in these tenuous times. "There's plenty of money to be made in this business so there is no need to bleed merchants with fees at every turn," said Wagner. "Merchants now have a simple user interface that delivers dramatic savings right to their bottom-line."

The PayRover flat rate merchant account service allows for secure transaction processing of all major credit cards, checks and ACH. It includes a full-featured payment gateway, recurring billing, automatic email receipts and custom reports. The Raw Cost Platform™ can be integrated into most shopping carts and swipe equipment. Most notably, the platform can be managed by the merchant without the need for a website or terminal.

About PayRover Inc.

PayRover is a Los Angeles, CA-based corporation. It strictly adheres to the Payment Card Industry Data Security Standards (PCI DSS). PayRover is an accredited member of the Better Business Bureau and is a registered ISO/MSP of Visa and MasterCard. Contact: Phone: (888) PayRover (729-7683)

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