Credit Guide

EmerchantsGroup.com Saves On-line Merchants Money

PEBBLE BEACH, Calif.--(BUSINESS WIRE)--July 13, 2004--High per-transaction credit card fees can add tremendously to the cost of doing business online. Fortunately, EmerchantsGroup.com (EMG), a grassroots collective of on-line merchants, is ready to lend a helping hand.
Founded in California in 2002 by Steven Allen owner of FragranceWholesale.com, EMG has focused on credit card processing as a starting point. According to Allen, "Credit card processors play a revenue game of 'hide-the-ball' when it comes to card processing. Sometimes revenue is hidden in the form of chargebacks, statement fees, monthly fees, float time (delay of funding), per-transaction fee, batch fees, AVS fees, etc. The key to obtaining a better program is collective volume."

Hence the importance of an EMG merchant account. With credit card discount rates as low as 2.04% and .10 per transaction, EMG's plan is effectively offering "wholesale pricing direct to the online merchant." For merchants who operate high-volume businesses, making the switch to the EMG program can translate into savings of thousands of dollars per month.

EMG is also looking at parcel service rates. As group participation grows, shipping discounts are the next logical target. "Our goal is to make EmerchantsGroup 'the website' for merchant services," states Allen.

Best of all, EMG membership is free and easily achieved by participating in the merchant account/credit card processing program.

For more details or to join, visit EmerchantsGroup.com.

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Contacts


EmerchantsGroup.com
Steven Allen, 831-648-1677 (Available for Interviews)
EmerchantsGroup@Hotmail.com

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