CreditCard Processing Review Features, Pricing, Pro & Cons

As the name implies, CreditCardProcessing.com (CCP) is a credit card processing company. It is based in Westlake Village, CA. The company and website logo indicate the company was founded in 1998, though its founding year is considered to be 2012 because that’s the year in which it became a subsidiary of iPayment, Inc.

The company offers both interchange-plus and tiered pricing, plus a wide range of hardware and equipment for retailers. This implies it ticks all the capabilities and features both small-box and big-box retailers will be looking for in credit card processors.

Since iPayment fully owns it, CreditCardProcessing only resells iPayment services; that’s why its pricing model isn’t straightforward on its website. CCP selling point is a flat rate pricing model.

Merchants who’ve signed up on the CreditCardProcessing platform confirm that this company doesn’t charge a cancellation fee; though some subscribers have reported being charged some unexpected monthly and annual fees (to be explained later). It’s, therefore, strongly advised that you should ask the company to provide you with a comprehensive list of all the fees you are supposed to pay before you sign their contract.

Application Process

Signing up on CreditCardProcessing.com is simple. You can do everything online by providing your phone number, email address, business name, and your name. You also need to indicate the amount you expect to transact per month. After providing all the information, wait for one of their executives to call you.

But, if you feel like you can’t wait, call them directly on 888-981-9166. Whichever way you choose, one of the executives will guide you through the documentation needed for registration and even help you register. Immediately your application is approved and your account created, you’ll have access to CCP tools and will be able to start transacting on the next business day.

Pricing and other charges

As stated earlier, CPP offers both interchange-plus and tiered membership pricing. In the tiered membership pricing model, you’ll be expected to pay a monthly fee, which ranges from $15 to $249. If you choose the higher membership tier, your fees per transaction will be lower. Those in the lower membership tier pay higher fees per transaction. If you are a startup, it’s better to start with the basic plan then upgrade later to premium tiers once your business has fully grown.

Though CardPaymentOptions.com doesn’t have a cancellation fee, it has some extra charges you should be ready for. For example, the company charges $99 per year for PCI compliance. They also charge a monthly gateway fee of $7.95, a statement fee of $5, and a monthly minimum fee of $25, which is variable. This fee is charged on accounts that don’t meet the minimum processing fees requirements. And if your credit card transaction is found to be fraudulent, you’ll be charged a chargeback fee of between $15 and $25. The charges per transaction vary, depending on sales volume.

Apart from reselling products from iPayment, CCP also resells terminals from many popular brands, including Verifone, Pax, and Castles. CCP’s website doesn’t list the prices of these terminals, nor does it specify whether you need a lease agreement before purchasing these terminals or you can buy them outright.

How Unique is CreditCard Processing.com?

One thing that many merchants like about CCP is its membership pricing structure. Once your membership is approved, you’ll get additional benefits, like a terminal equipped with dual-mode connections, which will allow you to connect via internet connection or analog telephone lines. The platform offers maximum data protection, thanks to its end-to-end encryption. That’s not all. You’ll also get access to high-end hardware, including:

NFC Readers

NFC readers make it easy to make contactless payments. The terminals have antennas that receive signals from credit cards and will process payments without the card coming into contact with the terminals. This is a security feature that ensures payments are received securely and safely.

EMV terminals

Just like NFC readers, EMV terminals also ensure payments are made securely. These terminals are used to read the modern smart chip-based debit and credit cards. They are great for enhancing security and preventing fraudulent charges or identity theft. They are more convenient and less sophisticated compared to smart card swipes.

Point-of-Sale (POS) Systems

CCP is an authorized reseller of Clover software and hardware such as stationary devices and mobile card readers, which they customize to suit unique business needs. These products are suitable for all types of businesses, whether you’re a service business, retailer, restaurant, or eatery.

As everyone knows, mobile devices have become part of day-to-day life. So, it’s logical to make them capable of receiving or making payments. CCP has made this possible. You can install CCP on your iPad so it can be used as a point of sale (POS). However, using an iPad to accept payment isn’t as easy as using a card reader. You’ll need to install software from CCP for this payment method to work as expected.

Mobile payments

CreditCardProcessing.com relies on iPayment MobilePay Swipe software to enable mobile payments. The software sets up automatically to enable you to receive payments almost immediately after signing up. It’s compatible with both Android and iOS devices and is compliant with PCI DSS.

The software comes with many built-in features, including device transactions, reporting capability, and inventory control. The iPay device is compatible with both magnetic stripe readers and EMV. It’s a handy device that uses a small card reader and a multifaceted mobile app. The technology works with all types of devices security and efficiently, making it the most cost-effective and quickest way of accepting payments.

Customer Support

Remember that changing the way a business accepts payment isn’t an easy affair and can’t be done overnight. The old payment method must be removed, while the employees also need to go through a learning process. That’s why the whole process will take more than a day.

To make things move faster, CreditCardProcessing.com’s customer service department can come into play. The experts in this department are dedicated to ensuring the success of all the businesses they serve. They are all trained to respond to all questions and concerns professionally. They are also interested in knowing the unique needs of all businesses so they can customize their services to suit these needs.

The advantage of CreditCardProcessing.com is that it offers free technical and customer support to all its subscribers. Their technical team is available to guide you through the setup process, troubleshooting, and transactions. If you upgrade to a premium subscriber, you’ll be a signed dedicated expert to help manage your account.

CreditCardProcessing.com does not ask for any banking or personal information until you are fully registered. Once you become a member, all your interactions and transactions will be encrypted for maximum security.

Eatery /Retail

if you are in the eatery or retail industry, you need solutions that can help you serve your customers wherever they are. CCP will help achieve this through the use of their small machines, which are durable, secure, and use modern technology to optimize performance.

The devices offered by CCP are perfect for all types of businesses, not just the retail businesses alone. And their advantage is that you can take them anywhere you go. Security features are in place to eliminate any concerns about whether it’s safe to receive payments through mobile devices.

Phone/Mail Order

Today, many people prefer ordering products online rather than using email or telephone. However, there are still some individuals and companies that still prefer these traditional methods.

CreditCardProcessing.com supports phone and mail orders via the Quiq technology. Quiq is a virtual terminal that allows businesses to accept payments by entering customers’ details. The terminal features modern fraud prevention tools and devices that will enable you to track the information you receive and manage other aspects of your business.

Quiq also supports recurring subscriptions and transactions. It offers a checkout page with advanced integrations that can help e-commerce merchants sell their products online.

Advantages

CreditCardProcessing.com is a new merchant account service provider, but it has made a name for itself. It offers affordable rates for its credit processing services and has one of the best customer services in the industry. Additionally, its application process isn’t complicated, and the approval time is short.

Some of the other reasons why you’ll love this platform include:

Easy to work with: Using CreditCardProcessing.com doesn’t require any technological background. Any business owner can use their services. Even if you are new to credit processing services, their experts will hold your hands and guide you through the process.

They Offer a Variety of Products

CreditCardProcessing.com offers different types of services that take care of all types of businesses. They also offer a wide range of alternative and traditional payment acceptance methods, including stand-alone terminals, e-commerce, and mobile options.

Low Processing Cost

Compared to their competitors, CreditCardProcessing.com offers the lowest processing cost. They’ll allow you to send evidence of what their competitors charge, if they can’t charge lower than that, they’ll offer you an American Express gift card worth $50.

Conclusion

CreditCardProcessing.com is a reliable, reputable, and trustworthy credit card processing company. It provides modern tools that will help boost your business growth. Its pricing model is friendly because you can choose a price level that suits your business, whether you are just starting or you’re an established business.

Whether you want to implement in-store merchant credit card processing, iPad POS, mobile payment option, web solution, or a combination of all or some of these, CreditCardProcessing.com has you covered. Their compliance, security, and excellent customer service make them the first choice for many businesses.

Frequently Asked Questions

What if my credit score is not very good?

No worries, we maintain one of the highest approval percentages in the entire United States.1

’m not sure how to operate my terminal/processing solution?

Once you receive your solution, your CreditCardProcessing.com sales consultant will ensure you are properly trained, so that you feel comfortable accepting credit cards.

When can I actually start processing my customers’ credit cards?

Normally, you can start processing the next business day after your account’s approval.

How long does it take to receive my funds?

Typically, our merchants receive their daily funds within two to three business days.

What exactly is your policy on returns?

CreditCardProcessing.com has extremely competitive rates and pricing, which we offer to our valued merchants, and we reserve the right to refuse sales of our products and services to those merchants who do not have an account with us. For our valued merchants, we offer replacement and warranty service for the first 30 days after receipt of your terminal. A manufacturer’s warranty comes standard with all equipment sold by CreditCardProcessing.com. After the initial 30 day period, any issues will be handled promptly and we will assist in the resolution of service by the manufacturer. Merchants who return new and unopened equipment within the first 30 days of purchase shall be refunded the amount of sale minus a restocking fee of 15% to 25%. Return shipping costs shall be the responsibility of sender. Internet gateway license fees, software and any other set-up fees cannot be returned or refunded.

How does PCI DSS relate to me?

PCI and DSS stand for Payment Card Industry and Data Security Standards. These are requirements related to payment account data security. The purpose of these requirements is to ensure the adoption of the industry wide data security measures. All merchants are subject to compliance and at the very least, merchants must complete a PCI DSS self-assessment questionnaire annually. A quarterly scan may be required if your processing system has internet connectivity or you electronically store your cardholder’s information. There is a yearly fee for becoming PCI DSS compliant, but if you are already compliant, you will not be assessed any additional PCI DSS fees for the remaining calendar year. A certificate of compliance will be issued to you upon completion of your PCI DSS certification. As well, you may request a logo for display. All acquirers are required by Visa and MasterCard to report on the PCI compliance of their merchants. If you overlook data security practices by failing to complete the self-assessment questionnaire, you may be at risk for a security breach, which may subject you to fines of up to $500,000 per payment brand. This fine(s) does not include possible, further expenses related to the fraudulent activity resulting from the breach.