eGood.com to Release Socially Conscious Merchant Payment Processing App
Glendora, CA (PRWEB) October 21, 2014 -- eGood, a social good tech company that links companies with customers and causes to create an effortless cycle of charity, will soon be unveiling their socially conscious payment app, eGood Swipe.
Mobile merchant payment processing services are becoming increasingly familiar to customers as they see businesses swipe their credit card on a mobile phone or tablet when they hand it over for payment.
The process is efficient and convenient: the customer is pleased to be able to use credit or debit as payment and the business is pleased to receive their funds in a timely manner.
However, many merchants quickly become disillusioned when they discover the true cost of their payment processing service. Tucked away in the labyrinthine billing process are hidden fees that often mislead the small business owner into believing their payment processing is costing them a fraction of what it truly costs.
One of eGood's business partners shared with us, “I thought I was paying about 1.8 to 2% per transaction, but in actuality, my total cost of payment was 5.5%. I was shocked and knew it was time to change providers.”
eGood Swipe has partnered with Worldpay to provide this service at a straightforward, more competitive rate, allowing merchants to use the savings to donate to a charity of their choice. They choose to give 1, 3, or 5% of transactions when the customer checks-in.
Zack Swire, founder of eGood, said, “We’re not here to launch another mobile payment app, we’re here to build a movement. We understand that businesses can only add purpose to their businesses when it’s sustainable to do so. We’re here to help them do that… we want to create better businesses for a greater good.”
About eGood:
eGood is a growing social good movement focused on connecting our communities with companies that give back to great causes. eGood Swipe is being launched to help spread the eGood movement, making for purposeful business with each transaction. Learn more about eGood Swipe.
Zack Swire, eGood, http://swipe.eGood.com, 626-888-9225, [email protected]
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