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If you are starting a new enterprise, you are most likely going to need hard terminal, virtual, or mobile credit card machines for small business. These machines are provided by credit card processing companies, and if you are looking to get set up with one of these organizations, it is important to know what to look for and where to go.

Credit card processing companies provide all the necessary wiring, service and terminals, be thy hard, virtual or mobile credit card machines for small businesses. They also usually provide security through the form of fraud protection and tech support. Credit card processing companies make their money through their discount rate, which is usually in the amount of 2% of each transaction that gets processed (typically charges from virtual machines are a little higher than those for hard terminals and mobile credit card machines). For small businesses, this is the only significant charge that they will have to deal with, although there are also small per-purchase charges (usually about 25 cents per transaction on top of the discount rate) and monthly fees that are usually no more than $10-$20 per month.

The most important thing to look for in a credit card processing company is the discount rate and the level of customer satisfaction; these are the primary variables in the cost-to-benefit ratio. You can get a good look at where the main credit card companies stand at top ten reviews:  Top ten reviews provides an excellent comparison of credit card providers, making it easy to select the best one for your small business.

This Business article was written by Mark Karavan on 1/15/2010