American Changer CC Processing Questions

[bneckrock]

I am presently using LaSalle (now B of A) to clear my credit card sales. Their fees for most transactions are 1.88% + $0.25. We were looking for another processor and found out American Changer has its own CC processing program.

They want 1.77% + $0.14. Seems like a much better deal. No charge to convert their equipment (a Credit Card Token Vendor), but $100 each for my two Hamilton Gold Lines.

Is anybody out there using American Changer for Credit Card processing? Am I missing anything? Anybody getting a better deal from someone else?

 

[washrunner]

i haven't used american changer to process cc transactions, however, when i switched i gave my merchant statement to the new merchant and asked them how much they could save me in fees.

keep us posted.
mel

 

[MEP001]

I hear Hamilton is working with a major bank to offer a good rate. Our current rate is about the same as yours, and it's the 25? transaction fee that hurts the most.

 

[Chad]

Is the American program the same as Newtek? We bought an American 4yrs ago and they recomended Newtek as a processor. But I think our fees our higher than posted above.

 

[bneckrock]

I'll look into a couple of options and let everybody know how I did. There was an earlier post from some guy who said he could beat the deal I posted above, but now it's gone. You know, I was looking for an easier way to save a buck or two, hoping someone else did my homework for me, but I guess it's my turn in the barrel.

 

[MEP001]

There was an earlier post from some guy who said he could beat the deal I posted above, but now it's gone.

I saw the post and advised him that he become a forum advertiser so he can mention his deal without his (and my) post being deleted - maybe he saw it in time. I still think it would be in his best interest to support the forum.