Top 10 Hospitality & Lodging - Credit Card Processing
Best Hospitality & Lodging - Credit Card Processing - June 2016
UPWARDTREND
DOWNWARDTREND
NOCHANGE
|
Rank |
Company Name |
Year |
Revenue |
Fulltime |
Active |
Client |
Pricing |
Major Clients |
Other Core |
Competitive Rates 
|
Reliability
|
Efficiency
|
Variance
|
Customer Support
|
Overall Score 0100GVGE |
Change in Rank |
1
1969
1
H
100
100
100
100
100
NC
2
2006
$3 million - $5 million
100+
H
99
100
98
100
98
NC
3
2003
Above $10 million
500
70,000
95%
L
Brand Source, Worldventures, Organo Gold, Bookit.com, Abercrombie & Kent
96
99
100
97
100
NC
4
1936
$3 million - $5 million
0 - 25
100+
H
98
99
96
99
97
NC
5
Joe Posey
(732) 417-4447
More info
2010
$250,000 - $1 million
2
70+
91
H
Health and Wellness Group, Hanover Habitat ReStore, Quality Inn of Alexandria
96
98
97
100
96
NC
6
N/A
$3 million - $5 million
100+
H
98
97
96
95
97
NC
7
1986
$1 million - $3 million
250 - 1000
100+
H
95
97
96
98
94
NC
8
1994
$5 million - $10 million
47
80,000
90%
L
Aamco, AA Performance Muffler and Brake, Pink Ribbon Riders, Paris Limousine Service, Anthonys Pizza and Pasta
94
95
96
94
96
+31
9
1999
$1 million - $3 million
39
1000+
97%
L
Available upon request.
94
96
89
96
96
+9
10
2009
$5 million - $10 million
0 - 25
100+
H
95
92
92
95
92
NC
When selecting a credit card processing company it is important to take into consideration the rates they charge for each transaction, for the sum of transactions, and for the quantity of transactions. During our analysis of credit card processors we spend time comparing how each payment processor calculates the cost of accepting payments for their merchants and how those costs fare between different competing processors.
It is crucial for a payment processor to offer a reliable processing service. With merchants having a wide range of operating hours and different business strategies, it is important for each competing processor to ensure they are able to accept payments at all hours of the day during every day of the week. Even ten minutes of downtime can cause major headaches for participating merchants and retailers and additional stress.
Efficiency is measured based on the internal processes and strategies used by each payment processor to ensure the process for accepting a payment is quick and effective. It is important for the processor to also have internal processes for fraud detection while also ensuring the accuracy of payment information without slowing down or placing additional stress on the incoming and outgoing processes.
It is also important for the credit card processor to offer a variety of solutions and packages for merchants of all shapes and sizes. During our analysis of competing payment processors we spend time understanding the different services offered by each processor and how they affect a merchant’s ability to accept payments. We also analyze whether the processor offers different ways to accept credit card payments.
Customer support is an important element of our analysis to ensure the processors we recommend are providing their merchants with premium support at all hours of the day. As many merchants have their own set of hours on a daily basis it becomes important for the payment processor to be available to help them regardless of what time of the day or what day of the week they are looking for a solution on.
Suite 103
Naples, FL 34109
Phone: 239-314-0274
Email: [email protected]
