My credit card processor for my massage practice wanted everything but my first born. So I went looking.
The well known processor I found presented me with a 46 page contract. Furthermore, the most important elements of the contract were disguised as a procedures manual.
The contract stated they could inspect my business looking at anything they want including my records at any time. I would be responsible for paying the air fare and hotel bill when they came from across the country.
I would have to agree they would be my only processor. The salesperson told me the contract did not mean that, but since the contract was also unamendable, I took it to mean exactly what it said.
They were totally unwilling to negotiate the terms. Even explanations offered by the salesperson were not binding on the company.
I was forbidden from talking about the contract if I signed it.
Beware of early termination fees and the length of the contract. This particular contract called for a three year commitment or an early termination fee of $500.00.
I think there are reasonably priced processors out there with decent contracts. Maybe I'll find one some day. Then I will post it here.
Queen of Massage CEs
No comments:
Post a Comment