Merchant Processing Services For All Businesses
Credit Card Processing
Most businesses rely on credit card processors to handle the details of accepting credit and debit cards. Credit card processing is a critical service—it ensures that customers can simply and quickly checkout.
Credit card processing is a complex service involving multiple moving parts, emerging technologies, payment networks, regulatory bodies and financial institutions. Like any service involving that level of complexity, credit card processors often vary in quality.
When evaluating potential credit card processors and merchant acquirers, ask questions about these critical areas where the quality of payment processing matters most to your business:
Fair and transparent rate structure
Access to helpful customer support
It's simple, We Guarantee the lowest rates for processing.
Credit card processing costs to range from 1.5% to 2.9% for swiped cards, and 3.5% for keyed-in transactions, why are processing rates all over the place?
Card Network: Visa, Mastercard, Amex, Discover, etc., set the interchange rates for various cards.
Processing Volume: Typically, the more credit cards you process, the lower the per-transaction rate.
Types Of Business: High risk industries may be subject to higher rates.
Swiped vs Keyed in Card: Swiped transactions generally cost lower because they carry less risk compared to keyed in transactions.
Credit Card /Merchant Services Provider: Your payment processor may mark up your rates, so specific costs can vary from one provider to the next.
That being said, we will guarantee you the absolute best rates possible.
No Fee Processing
Know what you need? Sign up now and start processing in a few days.
This button is for online sales.
This button is for a physical store location.
Did you know that as the merchant, you are paying for your customer's rewards points when they use specialized credit cards? The biggest reason businesses switch over to a No Fee program is because they can eliminate most – and in some cases all – of their credit card processing fees. The customers that pay with a credit card also pay for the credit card processing fees. This is a huge saving for small businesses that can then use these funds to expand operations, expand marketing efforts, or simply grow their savings.
Our No Fee program works by providing your customers with a cash and credit price. If the customer pays by cash, they receive a lower price. If they pay by credit card, they pay a price which includes your cost of processing with their credit card. The end result? You eliminate your business’ credit card processing fees and encourage your customers to use cash, while still providing them with the option to pay by credit.
2A-Gateway & e-Commerce Processing
A Gateway captures and transfers payment data from the customer to the acquirer and then transfers the payment acceptance or decline back to the customer. A payment gateway validates the customer’s card details securely, ensures the funds are available and eventually enables merchants to get paid. It acts as an interface between a merchant’s website and its acquirer. It encrypts sensitive credit card details, ensuring that information is passed securely from the customer to the acquiring bank, via the merchant.
A customer places an order and inputs their credit or debit card information.
The transaction will be labeled as card-not-present (CNP) by the merchant services company (which may result in slightly higher processing rates).
The data is encrypted and sent to the processor.
We then send the data along to a credit card network (VISA, Mastercard, etc.).
The transaction is either approved or denied.
If approved, the issuing bank (customer’s bank) notifies all parties involved.
The steps to this final authorization takes only a few seconds. Merchants will receive the funds at their acquiring bank within 1-2 days.
Second Amendment PayFac-as-a-Service allows B2B software companies to enjoy all of the benefits of becoming a PayFac without any upfront investment or ongoing overhead. All while capturing the lion’s share of the revenue.
As your payments experts, Second Amendment Processing takes on all liabilities and responsibilities, so there’s no need to hire employees or add to the operating costs of your business.
Through our APIs, your company never touches sensitive data, limiting your scope when it comes to PCI compliance. We also take on all the liabilities associated with fraud and chargebacks, and we have active monitoring tools to mitigate those risks.
Enjoy instant and automatic merchant on-boardingUnlike traditional payment processing referral partnerships, there are no paper applications or manual sign-ups that can take days or weeks to complete.
With PayFac-as-a-Service, your customers get a seamless signup process so they can start accepting payments immediately.
Easy to integrate, developer-friendly APIs that take days – not weeks or months – to implement.
Our turnkey system can allow any software company to take advantage of the benefits of payment facilitation. This process takes a matter of days – not weeks, months or years – and we can adapt our solutions to fit your specific pricing model, sales approach and business strategy.
From invoices to hosted payments to card storage vaults, Second Amendment lets you seamlessly integrate payments into your software with flexible pricing models to suit any business.
Everything you need to modernize your payment strategy:
One Click Payments - Generate a unique click-to-pay link that can be texted, emailed or embedded in your platform, allowing customers to complete their checkout process on a customized web page that’s as easy as one-click. No logins necessary, no apps to download. Just click and pay.
Store Payment Data Securely- Leverage our Secure Storage Vault and tokenization APIs to reduce your PCI compliance scope and store your customers’ payment data securely. Now your customers can access stored payment data for subscriptions, payment plans or any future transactions.
Customizable Pricing To Fit Any Business Model - Our platform is designed to allow you to set your fee structure any way you want. Whether that’s Interchange Plus, flat rate, or adding a customizable surcharge or convenience fee, Second Amendment puts you in full control of your payments pricing strategy.
While mobile swipers may not completely replace the traditional POS terminal for most businesses, it can help increase sales and heighten customer service in almost every vertical.
You can now complete sales, receive tips, get authorizations and digitally send receipts quickly and securely with a simple swipe and tap. You and your customers will enjoy quick, secure transactions every single time.
Mobile credit card processing is the ultimate answer for any small business or company looking for a low cost solution to accepting credit cards while out in the field. Our mobile credit card processing services can assist you in increasing sales by accepting credit cards anywhere your business takes you!
Your business can perform all the same functions including credit card transactions and authorization right from your cell phones. Utilized in conjunction with a secure credit card reader, you have a very sophisticated, highly mobile and less expensive point of sale product.
Point Of Sale
Operating a retail store or restaurant calls for a range of administrative, management and marketing skills. From ensuring that there’s enough inventory to putting together monthly sales reports, these skills are necessary to make certain your store runs smoothly.
Many tasks in a retail store can be overly tedious and resource exhaustive. With the right POS system, retailers have the ability to simplify crucial daily business operations with greater proficiency.
Credit Card Reader
Completely Customizable POS Systems