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hi it's ginger gay from electronic money company in the credit card processing business it's common or should i say most probable that every merchant will run into a salesman who blows smoke and sells a bill of goods that is news in fact most likely every merchant in the country has one time or another gotten taken scammed or hoodwinked with i'm going to save you a ton of money on your fees gobbledygook i recently spoke to a merchant mike who has an inflatable party rental business he switched over to us after having been scammed and abused by another credit card processing salesman let's call the scammer bob from brand x bob told mike that he would get a rate varying from 1.5 percent to 1.7 percent now mike does e-commerce transactions so this is a total lie since those transactions average 2.5 to 3 percent and higher those rates are not really even real for swipe transactions so here's a list of bob's lies first he neglected to tell mik

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