FEES OTHERS CHARGE

Our company does things that nobody else does. I could give you 20 examples. Some of them are my own inventions. Some of them are devices that, because of my marketing skills, I’ve introduced to parent companies or banks – devices and innovations that nobody else ever thought of. As an example, I deal with RV campgrounds – that is, for people who travel in Recreational Vehicles – located all over the nation; they’re an outdoor business, and most of them are seasonal. In the whole Northeast, and in Michigan, Illinois, Indiana, and Minnesota,  – they close around the middle of October, and they don’t open again until April or May. Most credit-card processing banks – people offering credit-card services – hit them with annoying and unjustified little fees while the RV campgrounds are closed – a statement fee, a processing card industry compliance fee, a minimum fee of $20 a month just to keep their accounts active. These banks and processors say they have to deal with customers’ accounts whether they’re open or not, but that’s not the reason: If a credit card processing company has 300 or 400 customers, and 200 of them are closed and the credit card company hits them with $30 a month in fees, the credit card company is raking in $1,200 a month for doing nothing. Our company says to these RV people, “When you’re closed during the winter, we will suspend your account and you will pay nothing. We’ll send you a form during your off season, and, two weeks before you want to re-open, send the form back to us and we’ll re-open your account. No charge.” You can’t imagine how many of these RV campgrounds have said to me – “I spend $35 a month for six months on these meaningless fees. It’s a pain in the neck, and, you know what? I’ll switch to you, and start processing my credit card sales with you.”  

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  1. Our company does things that nobody else does. I could give you 20 examples. Some of them are my own inventions. Some of them are devices that, because of my marketing skills, I’ve introduced to parent companies or banks – devices and innovations that nobody else ever thought of. As an example, I deal with RV campgrounds – that is, for people who travel in Recreational Vehicles – located all over the nation; they’re an outdoor business, and most of them are seasonal. In the whole Northeast, and in Michigan, Illinois, Indiana, and Minnesota, – they close around the middle of October, and they don’t open again until April or May. Most credit-card processing banks – people offering credit-card services – hit them with annoying and unjustified little fees while the RV campgrounds are closed – a statement fee, a processing card industry compliance fee, a minimum fee of $20 a month just to keep their accounts active. These banks and processors say they have to deal with customers’ accounts whether they’re open or not, but that’s not the reason: If a credit card processing company has 300 or 400 customers, and 200 of them are closed and the credit card company hits them with $30 a month in fees, the credit card company is raking in $1,200 a month for doing nothing. Our company says to these RV people, “When you’re closed during the winter, we will suspend your account and you will pay nothing. We’ll send you a form during your off season, and, two weeks before you want to re-open, send the form back to us and we’ll re-open your account. No charge.” You can’t imagine how many of these RV campgrounds have said to me – “I spend $35 a month for six months on these meaningless fees. It’s a pain in the neck, and, you know what? I’ll switch to you, and start processing my credit card sales with you.”

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