Merchant Service Advisor

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September 2010

Most credit card processors allow you to process transactions for Visa, MasterCard, American Express, and Discover with a single device, but what they don’t tell you is that you’ll receive separate statements and deposits for your 1) Visa/MasterCard, 2) Discover, and 3) American Express transactions. So your bank statement will have up to 3 different deposits every day for your credit card transactions. This makes your accounting 3 times more difficult and worse yet you receive 3 different statements from different credit cards all with their own statement fees each month. In fact, we’ve seen statement fees from Discover up to $39.95 per month. Typical statement fees range from $4.95 to $19.95, so if you have 3 separate statements you could easily pay up to $50 or more each month just to receive your statements.

At Leap Payments we’ve simplified your credit card processing and consolidated all your credit card transactions onto one statement with no monthly statement fees. In addition, we make one deposit for all your card transactions, so you get paid faster and your bookkeeping is simplified.

How do you tell if a processor will force you to have a separate statement and maintain separate relationships with Discover and American Express? Read the really small print on their website or account application and you’ll see “separate approval required for American Express”. This means that this processor does not have the ability to provide integrated American Express processing and you will see separate deposits, separate account statements and additional statement fees. In fact 90% of processors do not offer consolidated statements for Visa, MasterCard, Discover and American Express.

Escape from junk fees and excessive statement fees with Leap Payments. We can even go one step further and put your gift card and electronic-check transactions on your single statement, so all of your card and check transactions appear in one place. We think this is simply better for you and it does save paper so it’s our small way of going green. If you want to be even greener, we offer online statements for every client – for free.

    World Class Payment Solutions

    Here are just some of the money saving solutions that Winery Payment Solutions offers.

    One Account for Everything

    You don't need multiple accounts, statement and monthly fees for Visa, MasterCard, Discover and American Express. Stop paying additional monthly fees for statements when you can have a consolidated statement and one account for all your transactions. In addition you don't need a separate merchant account for E-Commerce, Retail sales and Mobile payments. All you need is one merchant account for all your sales channels and no additional fees.

    Online Terminal

    If you'd like to accept payments without a credit card machine to further reduce your costs and power your wine club, you can use our virtual terminal for all or some of your transactions. You can also connect a card reader and receipt printer to your PC and have credit card machine wherever you take your computer.

    Electronic Checks

    With our award winning check processing solutions you can scan a check and get paid fast. If you want to stop going to the bank every day to deposit checks, or you want to make sure a check is good before the customer leaves, our e-check solution is right for you.

    Gift Cards

    Offer your customers the option to buy and pay with gift cards. With every merchant account, you get the first 50 standard gift cards for FREE.

    Low Cost Credit Card Machines

    With any merchant account we offer credit card machines to meet your needs at the lowest prices possible. Don't fall for a free terminal, there will be fees charged later to make up for the "giveaway".

    Already with another provider?

    We'll pay your termination fee if you move your account.

    That's right, if you're staying with your current provider just because they'll charge you a fee to leave, and you're processing more than $10,000 in credit card transactions per month, Winery Payment Solutions will reimburse you up to $150 if you move to us. Subject to account approval, call for details.

Call Winery Payment Solutions, Inc. at 800-993-6300.

© Copyright 2024 Winery Payment Solutions, Inc.

I’m saving a ton of money, and the statements are so much easier to read.
Denese V., Agoura Feed
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