Credit Card Processing Cedartown GA

Accepting your customers credit cards is more complicated then it looks. With so many different banks around Cedartown and third party merchant providers offering credit card processing solutions it helps to have a concise overview of the various transaction fees, discount rates and technologies to consider.


1 . Local Companies

1st Franklin Financial
(770) 748-3313
726 N Main St
Cedartown, GA
Security Finance Corp
(770) 748-2345
407 N Main St
Cedartown, GA
1st Franklin Financial
(770) 537-3872
609 Alabama Ave S
Bremen, GA
Clay Finance
(229) 768-3345
105 Hancock St N
Fort Gaines, GA
Loan South Finance & Tax Service
(770) 358-3797
126 Westgate Plz
Barnesville, GA
1st Franklin Financial
(770) 267-7581
140 N Broad St
Monroe, GA
Future Finance
(706) 554-5725
611 N Liberty St
Waynesboro, GA
GMAC Commercial Credit
(678) 937-4191
2059 Northlake Pkwy
Tucker, GA
Financial Solutions Group Inc Fka Financial the
(770) 990-1145
2155 W Park Ct Ste D
Stone Mountain, GA
Beneficial Georgia Inc
(404) 763-8300
5495 Old National Hwy Ste A10
College Park, GA

2 . Credit Card Processing - Info


Whether you conduct business online, offline in Cedartown or both you will at some point consider accepting credit card payments from your customers. The decision to allow credit card payments may be a simple one; however, selecting a merchant account provider is complicated and can have a real impact on your business not to mention your bottom line. Unfortunately, not all merchant accounts are alike. You’ll soon learn that providers have different approaches to rates, fees, limits, not to mention customer service – and finding the right match for your business is critical. The remainder of this guide will break down the process and key considerations to enable you to find the right solution.

3 . How Credit Card Processing Works

How Credit Card Processing Works
Without getting too detailed and caught up in all the possible exceptions, here’s what happens when a credit card is processed:

1. Merchant processes card with a point of sale unit or via software if online.

2. Data is transmitted (card info, sales amount) to the “acquiring” bank.

3. Acquiring bank requests authorization from the “card-issuing” bank.

4. If accepted, acquiring bank processes the transaction and sends approval back to the merchant.

5. The merchant reviews the transactions and transmits confirmation to acquiring bank for deposit.

6. Acquiring bank then requests and receives funds from the card-issuing bank.

7. Acquiring bank then deposits funds into the merchant’s account.

4 . Basic Fees


Needless to say, all parties involved in this process benefit (take a cut). Here are the primary fees to consider:

  • Set-up fee – one time fee for getting started
  • Transaction fee – merchant pays a fee for every transaction
  • Discount rate – flat % charged to merchant for every transaction
  • Chargeback rate – rate of monthly sales “held” in reserve to offset any fraudulent transactions
  • Chargeback fee – there is often a fee for charge-backs
  • 5 . Featured Local Company

    Wise Payment Systems-Ind Sales Agent

    404-202-2321
    910 Tamarron Parkeway
    Atlanta, GA

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    - How To Evaluate Credit Card Offers Cedartown GA
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