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#58953 - 10/17/18 09:48 AM CREDIT CARD PROCESSING MERCHANTS
Braedon Offline
Adagio Graduate

Registered: 09/16/16
Posts: 42
Loc: BC
After upgrading to the new Adagio AR and looking into Adagio Payments we are wondering if further processing providers will be considered or included in Adagio Payments than North American Payment Solutions.

In the past we have used Monaris to process credit cards and are not keen to have to setup a new merchant account and accept whatever rates they decide to hoist on new customers.

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#58954 - 10/17/18 10:21 AM Re: CREDIT CARD PROCESSING MERCHANTS [Re: Braedon]
Bruce Gardner Offline
Adagio Wizard

Registered: 06/15/04
Posts: 3613
Loc: Toronto ON, Canada
Hi Braedon:

I don't work for Softrak so I can't answer your question. However I can say that North American Payment Solutions (NAPS) guarantees that they will beat any competitor's prices. So, rather than foisting rates onto customers, they are reducing customer costs. I know that one of my clients will save almost $10,000 each year.

I agree that It's a challenge to switch processors but the combination of time-savings (with Adagio's full integration) and cost savings might make it worthwhile.
_________________________
Bruce Gardner
ARX Business Solutions Inc.

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#58955 - 10/17/18 10:22 AM Re: CREDIT CARD PROCESSING MERCHANTS [Re: Bruce Gardner]
Retired_Guy Offline
Adagio Master

Registered: 03/16/99
Posts: 10504
Loc: Canada
Softrak’s switch from Moneris to NAPS was completely painless, and the migration was designed that way.

A recent NAPS review of credit card processing fees for a Vancouver Adagio site considering Adagio Payments uncovered savings of more than $160,000 per year that would be realized in moving to NAPS. They were being charged a $6,000 / month "Non PCI Compliance Fee" by their current provider.


Edited by Andrew Bates (10/18/18 05:12 PM)
Edit Reason: Added customer example.
_________________________
Andrew Bates

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