Credit/Debit Cards

Get Low Fees launches online bidding portal to help merchants reduce processing costs

credit-card-finance2Illinois-based Get Low Fees announced on Tuesday the launch of www.getlowfees.com, its site designed to serve as a bidding portal to help business owners lower credit card processing rates and fees.

The portal—designed by network engineers and industry executives—brings together major card processors, such as Elavon, Transfirst, Total Merchant Services, NPC, Regal Payment Systems, Electronic Merchant Systems, MSI and United Merchant Services.

Getlowfees.com allows merchants to scan the options available for a particular service from a number of different providers. For example, the portal allows merchants seeking to upgrade their payment solutions to see bids for the upgrade.

The portal is available at no cost or obligation to use the service, but to access the portal, users must first create an account and log in to see available options.

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