Premier Payment Solutions

Come check us out today at the Lansing Center for the MOA Seminar!

If you take Credit cards at your business, please look at your statement and see if you're being charged a risk assessment fee....

Risk Assessment fees are appearing on merchant credit card processing statements more regularly these days. In fact, charging a risk assessment fee has become a routine practice of many large credit card processing companies. Depending on your business, these fees may not be warranted, and by paying them, you are simply adding profit to your credit card processor. In this article, we’ll discuss what these fees are and whether your business should have to pay them.

Take a look at your most recent credit card processing statement. You may be surprised to find a Risk Assessment fee has been added. The amount of the fee is typically based on the amount of the credit card volume you are pumping through your business. I’ve seen fees range from .05 percent all the way up to 5 percent of the total credit card volume. As you can imagine, these fees can add up to a significant amount each year.

Premier Payment Solutions can help you eliminate this charge.

Clover stations are smaller POS systems for your business. This could be used for restaurant's, all the way to auto repair shops. Built in automatic ordering when stock gets low is a great way for inventory to take less time each month.