Chicago (PRESS RELEASE – January 8, 2010) – Transparent Financial Services (TransFS.com), a leading marketplace for businesses seeking financial services, today announced the launch of the TransFS Credit Card Processor Directory, the first comprehensive website through which businesses can research, rate and review credit card processors.
In the past, researching the quality of a new credit card processor required a business owner to conduct hours of research across processors’ own websites, BBB ratings, message boards and discussions with fellow business owners. The TransFS.com Credit Card Processor Directory dramatically simplifies this process by aggregating all of that information into a single place, and making it simple to sort, filter, and compare processors side-by-side.
“While review sites like Yelp.com have become indispensible tools for consumers, it is still hard for business owners to find good, honest information about services such as credit card processing,” said Sean Harper, CEO of TransFS. “We wanted to give business owners the same opportunity to learn from the experiences of others and share their own reviews, and this centralized resource achieves that goal.”
The TransFS Credit Card Processor Directory enables business owners to:
- Search the TransFS database of more than 800 credit card processors, both nationwide and locally across more than 320 U.S. cities
- Filter processors by performance ratings provided by the Better Business Bureau (BBB) and by other business owners on TransFS.com
- Quickly and easily rate their own processors on a five-star scale and through detailed comments about their experiences if desired.
“Research suggests that the recommendations of fellow users are more important than any other factor in decision-making,” said Joshua Krall, CTO of TransFS, “but for credit card processing, the decision is infrequent and business owners may not have a deep network to draw upon for opinions. Our directory solves this problem, making it easy to exchange reviews with users from all around the country.”
The release of the TransFS Credit Card Processor Directory continues the mission of the company to bring transparency and ease to the process of shopping for credit card processing services. The directory is available free of charge at www.TransFS.com. Also available at TransFS.com is the company’s free comparison shopping service, through which business owners can reduce their merchant fees by an average of 30 percent.