Focusing on supporting small and medium-sized companies, the merchant solutions company provides expert payroll and invoicing. It also manages credit card transactions without fees, offering enhanced growth potential for SMB clients.
More information can be found at: https://ourlokal.com
The latest move aims to alleviate financial stress for clients through its OLP processing service. With traditional payment processing, credit card fees are a limiting factor for growth. Payment terminals can charge between 2.7% and 4% with every purchase, meaning merchants are limited to 96% of each sale. Potential fees include the interchange, transaction, and authorization charges, a statement fee, and a variety of others that can be difficult to track.
‘Our Lokal Payments’ incorporates the above fees into the sale, passing a small additional payment to the cardholder. In this way, merchants receive 100% of every sale and the customer can still receive points for their purchase. Additionally, there is a natural discount available for those who pay with cash.
As a white glove service, full guidance is available and live tech support is provided to avoid disruption and facilitate a smooth transaction process.
In 2022, Visa and MasterCard raised merchant fees, contributing to an unstable and challenging landscape for sellers. By using the OLP program from ‘Our Lokal Payments’, small and medium-sized businesses can minimize the impact of these changes and use the savings to fund further growth.
With years of experience in the business management and financial processing space, ‘Our Lokal Payments’ assists clients in their pursuit of growth. An initial consultation can provide further details on the available options, with packages customized to the needs of each client. In addition to its payment processing solution, the company offers a variety of other business services. These include content marketing, working capital funding, and buy now, pay later scheme implementation.
A spokesperson for the company states: “With the OLP processing plan, you never have to worry about processing fees. Thousands of happy and satisfied merchants have already switched, and more are signing up every day.”
Interested parties can learn more at: https://ourlokal.com
Our Lokal Payments
266 E Dogwood Dr
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Sahyadri Times journalist was involved in the writing and production of this article.