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merchant
PROCESSING
Lake Elmo Bank has partnered with a large merchant service provider. This service provides you with the tools necessary for a business of any size to process credit card transactions.
Your terminal will accept all Master Card and Visa transactions. All other major credit cards, including American Express, Diners Club, JCB and Discover can be added to your system at any time.
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5 QUESTIONS...
you MUST ask your credit card processor to find out
if they are qualified to handle your account.
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1. Do you provide local service and support?
Our partner has over 1100 local, experienced Relationship Managers across the U.S. providing onsite installation and training for your employees. Plus, their bilingual Customer Support team is available 24/7.
2. Are your merchant statements simple to understand?
Our partner offers easy-to-read statements from "at-a-glance" to "fully detailed" records. Even better, your local representative will be available to answer any questions you might have or to go over your card processing statement with you at your convenience.
3. Do you offer easy-to-understand pricing?
You'll receive competitive, fully disclosed pricing with guaranteed rates for up to 3 years to help you better manage your costs. We'll also pass along 100% of all credit and debit savings from the Card Associations, such as Visa and Master Card. Plus, they can offer FREE educational materials to help you better understand what interchange rates are and what you can do to lower these costs. Or you can ask our local representative for more details.
4. Do I have to wait for my statement to arrive to check my deposits and transaction?
You will have online access where you can quickly view deposits or detailed transaction information in "real time" at one or all of your locations, or analyze current or historical business activity at your convenience.
5. Do you offer other services to help me grow my business?
We offer many cash management services to help you better operate your business and increase sales.
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