Credit Card Processing Garden City KS

Accepting your customers credit cards is more complicated then it looks. With so many different banks around Garden City 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

Golden Plains Credit Union
(620) 275-2151
1714 E Kansas Ave
Garden City, KS
Business Loan Center
(316) 263-3232
3900 W Central Ave
Wichita, KS
Commerce Management Corporation
(316) 685-9222
11716 E Kellogg Dr
Wichita, KS
American General Financial Services
(620) 231-6150
2603 N Broadway St
Pittsburg, KS
American General Financial Services
(316) 522-2286
915 W 31st St S
Wichita, KS
Heritage Financial Services
(913) 422-9535
5781 Belmont St
Shawnee Mission, KS
Citywide Development Corp
(913) 788-9884
7628 State Ave
Kansas City, KS
American General Financial Services
(316) 283-1270
1315 N Main St
Newton, KS
Hanrahan John
(913) 451-9499
4501 W 125th St
Shawnee Msn, KS
Johnson County Auto Credit
(913) 631-6001
6425 Quivira Rd
Shawnee, KS

2 . Credit Card Processing - Info


Whether you conduct business online, offline in Garden City 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
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