Cost Efficient B2B Credit Card Processing
At Midwest Merchant Services we assist business-to-business companies save even more money in credit card processing fees. Credit card usage within the B2B sector has continuously been on the rise over the last decade. Increasing the acceptance of credit card payments for all transactions allows B2B companies to accelerate cash flow and save on your monthly fees.
Credit card use is on the rise in the B2B sector. Data shows that “small-business credit card purchase volume is set to balloon from $493 billion in 2017 to $686 billion in 2022.” And that’s not even counting credit card use in larger corporations. Accepting credit cards could also help your sales, as cardholders tend to spend 12 to 18% more when using credit cards instead of cash. Additionally, as a B2B company, you qualify for lower credit card processing rates thanks to level II and level III data processing.
How we Assist B2B Businesses in the Long Run
With Midwest Merchant Services membership pricing, you can lower your business’ payment processing fees even more. Instead of taking a cut out of your sales, we’ll only charge a flat membership fee. Our members save an average of 40% on credit card processing expenses, with most businesses lowering their payment processing costs by $450+ a month.
Get in touch with our payment specialists today. We’d love to help your B2B company find the right credit card processing solution.