Wednesday, March 17, 2010

Card 'Swiping' 101

As you may already know, there are two different methods for settling credit card transactions: 1) Swiping a customer's credit card at the point of sale or 2) Using pre-stored credit card data in the SpaBooker system. Did you know that credit card processing companies charge a higher transaction fee for using pre-stored data instead of physically swiping the card? Therefore, it is always recommend to ask to swipe if possible. Using the swipe method to take payment should be your preferred option as you will receive better processing rates. Further, we recommend continuing to save the customer's credit card information for the situation when the customer does not bring their card with them. Not familiar with integrated credit card processing? Call your account manager today and find out if SpaBooker's rates can save you on your overhead expenses.

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