If your business does not accept credit card at this time consider the following facts.

Why must businesses like yours accept credit card payment?

Whether you sell from your physical retail outlet or restaurant, or you take orders by phone, think of how many customers you had and would have to turn away because you would not accept payment via credit card?

Credit Card Spending Reports

According to the Federal Reserve, the US consumer credit card spending reached $2.56 trillion in July 2008! This market has seen in recent years an average of 7% growth rate annually. If you also sell to businesses besides consumers, you also must know that the commercial credit card spending has been growing at a whopping rate of over 140% every year. It is projected to reach $1.2 trillion in 2010! (Sources: Federal Reserve Statistical Release and RB Press)

Grow your business by accepting credit card payment. But protect your profit by making sure you don't pay enormous credit card processing fees. Hi-Tech Bankcard, in the past 12 years as a processor, has always been committed to providing its customers the lowest rate in the market. We, at Hi-Tech Bankcard, hear the frustrations of many businesses about the processing fees that increase every year. Without sacrificing the quality of service we are known for, we manage to keep our rate at 1.49% fixed for 3 years! No hidden cost.

More Facts About Credit Card Spending

Studies show that customers spend more money when using credit cards compared to cash purchases. (Source: LiveScience, Sept. 2008) Nearly one in every three consumer purchases in the United States is made with a payment card, including credit, debit and prepaid products. (Source: Visa USA internal statistics, 4th quarter 2006).

• More sales: There were 26.5 billion credit card transactions in 2008, totaling $2.1 trillion, an increase from 21 billion transactions totaling $1.4 trillion in 2003. (Source: Nilson Report, December 2009) Additionally, between 1989 and 2006, the nation’s total credit card charges increased from about $69 billion a year to more than $1.8 trillion. (Source: Demos.org, April 2008)
• Steadier Sales: More than 23 billion credit card transactions were processed in the United States in 2007, and they are projected to grow by 26 percent over the next five years. (Source: Nilson Report)
• Competitive Weapon: It is estimated that there are 10,000 payment card transactions made every second around the world. (Source: American Bankers Association, March 2009)
• Customer credit card growth: According to data from the US Census Bureau, there were 159 million credit cardholders in the United States in 2000, 173 million in 2006, and the number is projected to grow to 181 million Americans by 2010. (Source: Census Bureau)
• Credit card frequency: In 2006, the United States Census Bureau determined that there were nearly 1.5 billion credit cards in use in the United States! A stack of those credit cards would reach more than 70 miles into space- and be almost as tall as 13 Mount Everests! (Source: NY Times, Feb. 23, 2009)
• FACT: Today, credit cards are responsible for more than $2.5 trillion in transactions a year and are accepted at more than 24 million locations in more than 200 countries and territories. (Source: American Bankers Association, March 2009)

With Hi-Tech Bankcard, accept credit card payments for a fee that can be as low as 1.49% FIXED for 3 years! We provide FREE equipment and to be eligible for free paper supply is simple and easy.

Free consultation: How much are you paying for processing?

If you already have a credit card processing account, avail of our free consultation and analysis of your monthly statements. Find out if you're actually paying a higher rate. While other credit card processors might offer a rate of 1.59% or lower, these sometimes last for a brief promo period of a few months before the rate drastically increases. Hi-Tech Bankcard offers you a fixed rate for 3 years.

Does your contract bind you to years of paying high processing fees? Do you pay 2%? 3%? Plus enormous transaction fees? Do you know the actual rate that you pay? Allow us to help. We can show you how you can get a better and more profitable arrangement. Contact us now.

Hi-Tech Bankcard's processing fee can be as low as 1.49% FIXED for 3 years. We offer low processing fees and transaction fees. We provide FREE equipment and to be eligible for free paper supply is simple and easy.

Point-of-Sale Equipment

We provide a wide range of credit card terminal for all your needs: retail, restaurant, supermarket, wireless, mail order, PC-based, Wi-Fi multi-terminal, online store or e-commerce website.