"Unless you act, your company can’t take advantage of the huge savings you could be getting – your merchant services rates could actually go up and you could pay more instead of less!"
Cleveland, OH (PRWEB) October 11, 2011
Effective October 1, 2011 the world of merchant services has changed due to a new Federal law - today millions of businesses accross the United States are paying too much for merchant services processing.
ChoiceMerchantServices.com is releasing a guide entitled "Merchant Services, The Durban Amendment & the Money Your Business is Losing" to explain in simple language what every business owner, controller & CFO wants to know, how to save money in merchant services processing costs.
Below are some quotes from this new guide that can save just about every business in the United States money:
"The Durbin Amendment significantly reduced the costs to process many Visa and MasterCard payment cards effective October 1, 2011. On some transactions, merchants can see over 95% reductions in their merchant services processing costs for debit card transactions. On average, most merchants will see a 50% reduction in costs."
"Most credit/check/debit card processing accounts are not structured properly to take advantage of the new law and as a result, merchants not properly structured will likely experience an increase in costs, rather than experiencing a dramatic decrease if properly structured."