Credit Card Processors and Profit Margins

Excerpts from one of the nation's largest credit card processor's Second Quarter 2009 earnings call:

2009 2nd Quarter REVENUES
"Transaction processing volume continues to reflect economic weakness. Same store sales were negative for the fifth consecutive quarter this quarter down a record 9.7%."

2009 2nd Quarter MARGINS
"Although revenue growth slowed in the quarter, margins rose sequentially to 14.7%."

Doesn't the above story tell it all? If you are relying on your credit card processing company to analyze your statements and recommend the best possible pricing plan for your business, you may be making a costly mistake. Call Financial Mitigation Services today at 800-797-5642 and have our team of expert analysts review your credit card processing fees.