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Save Big! Spend Less on Credit Card Processing Fees & Keep Your Money! - PPA Today

Save Big! Spend Less on Credit Card Processing Fees & Keep Your Money!

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Like any small business, most photographers are always looking for ways to save. PPA photographers can now stop wasting money on unnecessarily high credit card processing fees. All that cash can (and should) go straight to your bottom line! 

PPA negotiated deeply discounted rates for PPA photographers through Bank of America Merchant Services. Members who have made the switch have saved hundreds (at times more, depending on the volume you process each year!). 

Here's some fun math! We compared the negotiated PPA rate using Bank of America's standard terminal against a standard mobile processor from the well-known company Square. 

For regulated debit card (legalese for credit card) rates:   
Bank of America: Current interchange (0.05% + $0.22) plus 0.07% plus $0.07 = 0.12% + $0.29 per transaction 

Square: Flat 2.75% per transaction

Monthly Credit Card Processing Amount

PPA Member Fee

Regular Fee with Square

Monthly Savings

Annual Savings

$300

$0.65

$8.25

$7.60 / month

$91.20 / year

$1,000

$1.49

$27.50

$26.01 / month

$312.12 / year

$2,500

$3.29

$68.75

$65.46 / month

$785.52 / year

$5,000

$6.29

$137.50

$131.21/ month

$1,574.52 / year


There are no (zip, zilch, nada) pesky monthly fees for the regular transaction processing. And if you add the option to process mobile transactions, that's only a flat $9.95 add-on per month.

See for yourself! Bank of America Merchant Services is offering free statement comparisons - just call them at 888-317-5402 (7am-7pm CST) or email TellMeMore@BankofAmericaMerchant.com to see how much you could save. 

Make the switch today and Be More Profitable today!

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Sarah Ackerman is known around PPA as #Sarah in part because she handles all things social media and in order to differentiate herself from the other Sarah's in the office. Sarah loves improv comedy (think "Whose Line") and routinely performs around Atlanta. When she's not tweeting/facebooking/instagramming all of the action at PPA, she can be found gallivanting around the world or wandering around the woods with her pup, but more than likely she's on stage making people giggle.

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About this Entry

This page contains a single entry by Professional Photographers of America (PPA) published on June 15, 2015 10:30 PM.

PPA Studio Makeover: Krista Newbill Update #2 was the previous entry in this blog.

Interview with Ed Pierce - Creator and Producer of PhotoVision is the next entry in this blog.

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