You may be thinking about starting a new company or be hired to oversee the startup of a new division. Perhaps you are tasked to upgrade your credit card processing system. You go online to learn more about the state-of-the-art solutions and immediately get overwhelmed. Your success in business and/or your job depends on understanding enough information in order to feel confident that you are able to make a competent decision about the credit card processing technology.


We understand. We know what you are going through. It is likely that you already have a variety of responsibilities and credit card processing solutions are not your only concern. Because of this, we prepared this helpful guide, which covers the steps that a businessperson needs to take. Here are the steps you can take to have a good result from this process:


Step One: Navigating the Many Choices

For credit card processing, an expert company that has been in the business for a long time serving thousands of satisfied customers, like ClearPay, is the best guide. How do you know whether a credit card processing company is a good one? The best confirmation is an unbiased third-party review from an independent organization that is not affiliated with the credit card processing company. We maintain a positive relationships with all of our customers, that is how we maintain our A+ rating with the Better Business Bureau.


Step Two: Understanding the “Geek” Speak

As a business person in charge, with final decision-making authority, you do not have to know everything but you do have to know who you can work with who understands a particular area at an expert level. If you do not have an expert IT person inside your company that knows credit card processing very well, you should hire an outside consultant to help you. In this way, you do not have to rely solely on vendor’s opinions, which may be slightly biased because of the desire to sell their systems and services. By having your own person to review the vendor's materials, you have the benefit of an expert opinion that you pay to look out for your best interests.


Step Three – Set a Timeline and Allocate Appropriate Budgets

Start with a free assessment from ClearPay, which reviews your current situation and makes appropriate recommendations. Combine this effort with an internal IT review that focuses on the integration of the credit card processing system with your business efforts. This needs to be done in such a way as to have a significant positive impact that is aligned with the long-term strategic plans for the business.


Create an implementation plan and schedule. Make sure there are sufficient staffing for the project and finances available to make the installation and/or upgrade. Choose the best vendor(s), review the contract terms in detail, award the project, sign the contract(s), and launch the implementation.