Merchant Account Processing
By this point you're probably wondering, how much will this all cost? This is where having an integrated merchant account with your MINDBODY system truly pays off. The merchant account lets clients buy services with credit cards through your website (and at your point-of-sale), something they probably couldn’t do before. MINDBODY doesn’t just organize and streamline your business, it attracts revenue from the online buyers that prefer to buy and book things online. Online booking has already revolutionized several industries. Yours might be next. And we’ll keep you ahead of your competition.
Everyday we speak with new clients – clients that have just left our competitors – that were paying hardware rental fees. Most pay for credit card services that are so elusive, they need an economics degree just to understand their monthly statements. To boot, our competitors’ clients must track services with one system, but charge credit cards with another. Finally, they end up paying between 2.25% and 3.25% for every MasterCard, Visa and Discover card transaction. The MINDBODY rates for swiped transactions (card present) range from as low as 1.69 % for Visa and MasterCard Check cards, to 2.29% for standard credit cards. Just that price difference alone could save you thousands of dollars per year. And if you ever find a better deal or want to leave, it’s not a problem. We’re so confident in our merchant accounts’ quality and pricing that we’ll never charge a cancelation fee or batch header fees. You’re not locked into a rental agreement. And you can cancel at anytime.
In addition to credit card processing, we also offer ACH (a.k.a EFT) functionality, which allows you to directly charge your clients’ checking accounts. Typically, ACH fees are less then credit card processing. And ACH is integrated into your system just like credit card processing. Clients can set up monthly auto pays – or buy bottles of water at the point of sale – using ACH (i.e. their checking accounts). Many of our clients actually have both: ACH and credit card processing, integrated into their MINDBODY system.
Unlike traditional merchant account resellers (because we're not one), merchant accounts are not our mainstay. They’re the icing on the cake of the most powerful business management tool in the world. Merchant accounts do so many awesome things for the MINDBODY system, we just believe that everyone should have one.
Things only a MINDBODY merchant account can do:
Seamless Integration
- AutoPays - Charge clients weekly, monthly, or whenever you want for recurring packages
- Online Store - Clients can buy your products and services without the help of you and your staff, 24/7
- Point of Sale - Turn your computer into a virtual credit card terminal
Flexibility
- Is stuck in a long-term processing agreement
- Is operating on a tight budget
- Is a large corporation processing millions of dollars a month
- Just needs AutoPays
- Just needs to sell things through their online store
We can set up your account to meet your needs whether your business:
Robust Features
- A galaxy of reports that can be imported into QuickBooks
- If a credit card fails for an AutoPay, their active series or membership is turned off
- Pick and choose how much processing permission you give each employee
Learn More
Contact the MAP team to learn more:
Merchant Account Processing
Toll Free: 877.755.4279
Toll Free: 877.755.4279
Fax: 866.677.3578
map@mindbodyonline.com
