What is the turnaround time for your merchant provider when it comes to payment processing? Do they get the funds into your bank account within 48 or 72 hours or do they take longer? Do they process refunds in 3-5 days or do they take 7-10 days to give your customer his credit back?
You say that all credit cards are created equal. Not so! If you haven’t called yours and done the research to check on a few others, then you might be using one that is not quite as fast as the others. Comfort zones are wonderful things, but when it comes right down to it, having your cash in the bank a day or so earlier would give a good bit of comfort to you.
Once you collect the data from your customer, that payment has a long road to travel to your merchant provider, then back to your customer’s bank, then back to the merchant provider and then to you. Be sure that your provider has the fastest, most efficient methods.
