Professional Services Merchant Accounts
Setting up a credit card processing solution for your professional services organization is important as you continue to take on clients and grow your business. Doctors, lawyers, accountants, and other professional services providers need an easy-to-use system that enables them to accept credit and debit cards while also ensuring their accounts are credited quickly.
Organizations in the legal and medical fields rely on regular cash flow in order to operate and provide the services their clients, patients, and customers need. This effort is severely undermined by other merchant account services that require service providers to wait days, weeks, or even months before ensuring businesses are paid. This is just not practical. In addition, legal and medical offices need to ensure that their payment processes meet strict financial and privacy regulations. With Leap Payments, these businesses are able to improve customer service and allow clients to pay for services conveniently. At the same time, professional services companies are able to take advantage of the same pricing models as large corporations to keep fees transparent and low. Leap Payments works with professional services clients to address each requirement and develop a solution for credit card processing that supports their business goals.
Leap Payments merchant account services integrate with a number of payment solutions. Whether you need a system that allows for credit and debit card transactions in-person or online, you will be able to use the most advanced tools to your advantage.
Our secure, web-based Virtual Merchant processing tool allows you to attach a card reader to your computer and process credit or debit card transactions wherever you have an internet connection. Wired, wireless, and networked credit card terminals are also available if you are in need of mobile processing solutions.
Take your business to the next level by utilizing our Professional Interchange Plus Pricing and some of the industry’s lowest cost for accepting credit and debit card payments. This form of pricing is often withheld for only businesses with large volume. At Leap Payments, we believe in offering this to all our clients to help reduce their professional services business processing costs as much as we can.
Although Interchange Plus gives good savings, not every professional service company needs all the slightly more complicated savings. If you’re looking for something more simple, Multi-Tier Pricing is also a good option. This pricing plan is best suited for businesses that mainly deal with card present transactions for their process payments. Multi-Tier Pricing gives you fixed rates in a tiered format for each of the different card types that you accept.
We will never pass on fees to you for using “mid” and “non” qualified cards. Many other processors will raise transaction fees for processing Rewards or Corporate credit cards and other frequently used card types. At Leap Payments, you’ll always pay the same transaction cost for every card type accepted by your contractor business.
It is very typical in the processing industry to add on hidden fees and make your contractor processing statement as complicated as possible. All these fees do is raise your costs and increase the processors revenues. Not at Leap Payments. We love added services, but hate hidden fees and forcing you to pay them. You have enough to worry about running your business without having to decipher a purposely confusing statement. In our minds, as the merchant, you have the undisputed right to receive a paper statement and see your complete transaction history online for no additional cost.
An important factor for professional services providers when opening a merchant account concerns the fees they will need to pay for credit card processing. Leap Payments offers a pricing structure that allows its clients to benefit from the lowest fees in the industry. You will be able to work with Leap Payments to decide if interchange plus pricing or multi-tier pricing makes the most sense for you. Additionally, American Express offers special rates for medical and dental offices, so you can allow people to pay however they choose without facing higher fees.