Personally Identifiable Information
How much cash do you currently have in your wallet? When was the last time you wrote a personal check? Online banking and credit card transactions are becoming more and more frequent which has led people to rely less on cash and checks as payment options. Having an online registration program that accepts credit card payments is necessary in today’s electronic world. It is efficient and convenient, but it can also be costly. Don’t forget to include the cost of merchant fees when determining what to charge as your registration fees.
If you aren’t set up yet for online credit card payments yet, there are quite a few items to consider before selecting a merchant processing account. If you already have it set up, then consider reviewing these items every quarter to make sure you aren’t missing out on a better deal somewhere else.