Merchant Services & Payment Processing Solutions
Accept Payments. Reduce Processing Costs. Keep More of Your Revenue.
Every time a customer pays with a credit or debit card, processing fees can reduce your bottom line.
Grain Funding helps businesses explore merchant services and payment processing solutions designed to simplify payment acceptance, reduce eligible processing costs, and give customers convenient ways to pay.
Whether you operate a retail store, restaurant, auto repair shop, medical or dental office, professional service company, or another customer-facing business, we'll help you explore payment solutions that fit the way you operate.
Explore Merchant Services
What Are Merchant Services?
Merchant services allow businesses to securely accept and process electronic payments from customers.
Depending on the solution, businesses may be able to accept:
Credit cards
Debit cards
Contactless payments
Mobile wallet payments
In-person payments
Online payments
Other supported electronic payment methods
The right payment-processing setup can make transactions easier for customers while helping businesses better manage the cost of accepting payments.
How Much Could Processing Fees Be Costing Your Business?
Small percentages can become large expenses when they're applied to every transaction.
For example, a business processing:
$50,000 per month
at an average processing cost of:
3%
could spend approximately:
$1,500 per month
or:
$18,000 per year
on payment processing.
Reducing eligible processing costs can potentially allow businesses to keep more of the revenue they already generate.
Reduce the Cost of Payment Processing
Traditional credit-card processing can cost businesses thousands of dollars each year.
Grain Funding works with businesses to explore payment-processing programs that may help reduce or offset eligible merchant processing costs.
Depending on the program, a compliant cash-discount, dual-pricing, or similar pricing structure may allow businesses to offer customers different pricing based on their chosen payment method.
Instead of automatically absorbing every eligible processing expense, businesses may have an opportunity to significantly reduce their payment-processing costs.
Program availability, pricing, equipment, requirements, and applicable rules vary. Businesses should review the specific terms of any merchant-services program before enrollment.
Merchant Services Designed for Your Business
Payment Processing
Accept supported credit cards, debit cards, and electronic payments through secure processing solutions.
Point-of-Sale Solutions
Depending on the program and business, point-of-sale equipment and payment technology may be available to help manage customer transactions.
Cash Discount & Dual Pricing Options
Eligible businesses may be able to implement compliant pricing programs designed to help offset payment-processing costs.
Online & Mobile Payments
Businesses that accept payments outside a traditional storefront can explore solutions for online, remote, and mobile transactions where available.
Customer Financing
For businesses selling higher-ticket products or services, Grain Funding can also help you explore customer financing solutions that allow eligible customers to pay over time.
Explore Customer Financing →
Who Can Benefit From Merchant Services?
Our payment-processing solutions may be a good fit for businesses across many industries.
Restaurants & Food Service
Accept customer payments efficiently while exploring ways to better manage processing expenses.
Auto Repair & Automotive Businesses
Provide convenient payment options for repairs, services, parts, and other automotive purchases.
Retail Businesses
Create a smooth checkout experience for customers paying by card or other supported electronic methods.
Medical & Dental Practices
Offer patients convenient payment options for eligible out-of-pocket expenses and services.
Professional Services
Businesses providing professional services can accept electronic payments while improving the overall customer payment experience.
Salons, Barbers & Personal Care Businesses
Give customers convenient payment choices while simplifying payment acceptance.
Other Customer-Facing Businesses
If your business regularly accepts credit or debit card payments, there may be an opportunity to improve your current processing setup.
Why Review Your Current Merchant Services?
Many business owners set up payment processing when they first open and rarely review it again.
Over time, rates, fees, equipment, transaction volume, and business needs can change.
A merchant-services review can help you understand:
What you're currently paying
How your processing fees are structured
Whether unnecessary costs may exist
Whether another pricing model could benefit your business
Whether your current equipment meets your needs
Whether additional payment options could improve the customer experience
Even if you're satisfied with your current provider, understanding the true cost of accepting payments can be valuable.
Merchant Services + Business Funding
One advantage of working with Grain Funding is that your business relationship doesn't have to stop at payment processing.
As your company grows, you may also need capital for:
Equipment
Inventory
Expansion
Marketing
Working capital
New locations
Other business opportunities
Grain Funding can help you explore both merchant services and business funding solutions, giving your company access to multiple financial resources through one relationship.
Frequently Asked Questions About Merchant Services
What are merchant services?
Merchant services are the systems and services businesses use to accept and process electronic customer payments, including credit and debit card transactions.
Can Grain Funding help reduce my credit-card processing costs?
Depending on your business and the available program, there may be payment-processing and pricing solutions that can reduce or offset eligible processing expenses.
Do I need to change my payment equipment?
Not necessarily. Equipment requirements depend on your existing system and the merchant-services program being considered.
Can I accept contactless payments?
Depending on the payment-processing equipment and program, businesses may be able to accept contactless cards and supported mobile wallets.
Can restaurants use these programs?
Potentially. Restaurants and many other customer-facing businesses may be able to use merchant-services programs designed to manage processing costs.
Can medical and dental offices use merchant services?
Yes, payment-processing solutions can help eligible medical and dental practices accept patient payments for out-of-pocket costs and other services.
Can you review what I'm currently paying?
Yes. Reviewing your existing merchant-processing statement can help identify your current effective processing costs and determine whether alternative options may be worth considering.
Find Out What You're Really Paying for Payment Processing
Your business works hard to generate revenue. Understanding how much of that revenue is being spent on payment processing is an important part of managing your expenses.
Talk with Grain Funding about your current merchant-services setup and explore whether another payment solution could make sense for your business.
