Online Banking Select Deposit Sweep Accounts Positive Pay Merchant Processing Business Debit Cards Business Credit Cards Lockbox Services

merchant processing In today's world most businesses need a way to accept debit or credit card payments for their services. Lake Elmo Bank is able to offer you this service with competitive rates due to our long partnership with Heartland Payment Systems.   No hidden fees... With our merchant processing product your fees are all disclosed in your agreement so there are no surprises when you billing statement arrives.  Contact us at 651.777.8365 for your free pricing quote. Durbin Amendment helps reduce costs for some Merchants The Durbin Amendment was written with the merchants in mind.  Card issuers charge less, merchants pay less.  So as a merchant, the most important thing you can do is know your numbers and determine what you should be saving.  This way, you can be sure you are not being taken advantage of by your card processor. Depending on your average ticket item you should potentially be seeing savings of half of what you're currently spending on interchange.   Our partner, Heartland Payment Systems, has been passing these savings on to our customers since the amendement was put in place in October 2011, has your current processsor done the same?  If not, contact us today to reduce your fees 651.777.8365