Greylock Processing Business Categories
Some Industries Supported By Greylock Processing
At Greylock Processing, we understand the needs of our clients, whether you are a small to mid-size business, public company, start-up business, or company that started years ago that now wants to accept credit cards as a form of payment. Many of our clients have accepted Visa, Mastercard, American Express and Discover for years but didn’t realize the excess fees they were paying until switching to Greylock. The credit card business has many hidden costs and in many cases the very low “base rate” becomes a much higher “effective rate” when the other additional fees and charges are taken into consideration. Our experience in debit and credit card processing, ACH, and E-Checks will help your company understand the confusing world of payments and develop a payments program specific for your industry type.
32% of restaurant customers use a debit card to pay for their meal, and 34% use a credit card. Restaurant customers expect good atmosphere and good food when dining out, but they also expect a seamless payment process that makes it easy to pay not only their bill but to tip with their credit/debit cards. A simple and easy payment process keeps patrons coming back as much as the food and service.
Greylock Processing understands finding a quality payment processor for your restaurant is by no means a simple task.
Accepting debit and credit cards in order to provide customers with the convenient checkout experience is a necessary and ongoing expense for your restaurant. There are many to choose from, rates vary greatly and service terms are often difficult to decipher. Don’t be fooled by a simple rate chart. If you’re like many companies, you’ll end up with a statement impossible to understand and pay more processing fees than you might realize.
Greylock knows the payment solutions that restaurant owner/managers need to streamline processes and get your wait staff’s focus back on making your customers’ happy.
Doctors / Hospitals
Since entering the payments space in 2001, a leading industry type has been working with doctors (of all specialties including veterinarians, plastic surgeons, dentists, orthodontics), hospitals, and medical associations throughout the United States. The world of medicine is constantly changing and Greylock understands establishing payment programs that work with medical billing programs and patient finance programs. In addition, many elective procedures can now be paid electronically using recurring payment programs to ease the administrative time of your medical office personnel.
The continued growth of accepting debit and credit cards is exploding as paying with cash is a thing of the past. Whether Greylock sets your store up with a EMV Chip-Enabled Terminal or integrates with a leading Point-of-Sale Solution, Greylock understands retail merchants. Having worked with thousands of retailers covering hundreds of industry types, we know which solutions work and continually interface with our clients to provide them and their customers with a fast, secure check-out experience.
A growing number of Greylock’s customers continue to be internet websites. With the proliferation of the web, we work with our internet clients to provide a secure payment gateway to accept Visa, Mastercard, American Express & Discover. Simple statistics demonstrate why our e-commerce processing business will continue to grow in the coming years. 51% of Americans prefer to shop online; 96% of Americans with internet access have made an online purchase in their life; 67% of Millennials and 56% of Gen Xers prefer to shop on online rather than in-store. 41% of Baby Boomers and 28% of Seniors will click to purchase.
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If you’re like many companies, you receive your monthly statements from your payment processor that are impossible to understand. To understand your fees, Greylock Processing will perform a Free Cost Comparison and quantify your monthly and annual savings from your existing processor. We guarantee to reduce your fees and help increase your firm’s bottom line profitability. To truly understand your fees, contact us today!