Each year, we at U.S. Transactions Corp. speak with well over 150 companies across the U.S. with respect to their credit card processing services. These companies are typically doing business with the Fortune 500 and are naturally concerned about how to have the lowest possible cost for processing Purchasing Card payments (Visa/MasterCard/AMEX) from their Fortune 500 clients. Likewise, these companies are concerned about credit card data security (referred to as PCI Compliance).
Each year, we at U.S. Transactions Corp. speak with well over 100 Associations across the U.S. with respect to their credit card processing services. Out of countless discussions and observations, we have discovered the problems and solutions boil down to 5 major issues that make about 80% of the difference for Associations when it comes to credit card processing. These 5 “Problems” arise in virtually every Association we come across. Instead of keeping the solutions a secret to ourselves or to those Associations who happened to have met with us, we thought it would be worthwhile to make the recommendations available for everyone’s benefit.