Payments-R-Us.com Shows Merchants How to Choose Payment Processors
Content-rich site provides transparent view into enigmatic payment processing
industry, while helping merchants find suitable payment processors
NEW YORK, Nov. 4 /PRNewswire/ -- Merchants looking to accept credit cards and
other forms of online payments can choose from thousands of payment
processors, each differing in subtle ways. The process of selecting a vendor
is often time-consuming, frequently resulting in frustration or a poor choice.
Merchants now have a valuable new resource in Payments-R-Us.com
(http://www.Payments-R-Us.com).
For the first time, a group of payments industry experts is trying to educate
merchants by publishing an extensive library of articles providing "insider"
knowledge and expertise. Payments-R-Us.com will also provide merchants with a
list of suggested vendors based on the merchant's business characteristics.
According to Scott Loftesness, payments industry veteran, publisher of
PaymentsNews.com and founding partner at Glenbrook Partners, "Merchants
seeking to learn about payment processing are often confronted with a lack of
information. Payments-R-Us.com is one of the few online resources I have seen
that empowers merchants to make informed decisions about choosing a merchant
account."
The credit card industry processes trillions of dollars a year in sales. In
order for merchants to participate in this massive system, they must sign-up
for a merchant account provided by a bank or payment processor. Despite the
presence of thousands of processors, many merchants suffer from a general lack
of knowledge and end up paying too much or otherwise choosing the wrong vendor
for their needs. Comparing and negotiating merchant account fees can be
confusing, and these fees can be meaningful, representing between 1.5% and
3.5% of a merchant's sales.
"Given the complexity of today's payments environment, finding and negotiating
with a suitable payment processor can be difficult," says Payments-R-Us.com
contributor Mike Shatz. "Payments-R-Us.com was designed to suggest appropriate
vendors to merchants, and to provide expert content to help them understand
the system and negotiate the best deal."
Payments-R-Us.com is free and objective and offers merchants a "wizard," which
will suggest a number of appropriate vendors. The wizard can provide solutions
for most industries, including what many consider to be "high-risk" areas.
Merchants simply submit some basic information about their business and
selling models, and choose which of the suggested vendors they wish to
contact. Unlike other processing portals, Payments-R-Us.com includes specific
solutions for merchants requiring:
-- Multicurrency Support
-- Affiliate Marketing
-- Digital Content
-- eCommerce Hosting
-- Alternative Payments
-- Adult and Gaming
Each functional area is supported with in-depth content so merchants can
readily understand terms and options, and better negotiate their agreements.
Merchants with complex needs can also choose to work with a consultant from
Payments-R-Us.com's consulting network.
About Payments-R-Us.com
Payments-R-Us.com (http://www.Payments-R-Us.com) is an online payments
resource that uses proprietary compatibility software to match merchants with
suitable payments providers. Our technology is supported by expert content
that teaches merchants how to select the most appropriate vendor and negotiate
the best deal. Serving global markets, Payments-R-Us.com offers merchants the
widest variety of payment solutions available including domestic,
international and high-risk processing, turnkey eCommerce platforms and
affiliate programs. Headquartered in New York, the company is privately held,
and was founded by an international team of payments and eCommerce executives.
Contact:
Michael Shatz
Payments-R-Us.com
mike@paymentsrus.com
866-782-5861
This release was issued through eReleases(TM). For more information, visit
http://www.ereleases.com.
SOURCE Payments-R-Us.com
Michael Shatz of Payments-R-Us.com, +1-866-782-5861, mike@paymentsrus.com
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