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Who we are
Located in the San Francisco Bay Area, Ten Cent Processing, LLC was started with a mission to supply the merchant community with a low cost alternative to traditional merchant accounts . With over 15 years of staff experience in the Bankcard Industry, the TCP staff has the experience to provide excellent customer service to small, medium and large corporations.
In a complicated Industry, our main objective is to supply you with a peace of mind to know that you’re only paying Ten Cents plus Interchange, Dues and Assessments.
How we do it
.10 cents = Only process above true cost
Interchange = your customers Issuing Bank
Dues and Assessments = this goes to the Association of Visa and MasterCard
For more Information, see our Pricing Chart
Why we do it
Most credit card merchants are set up on a program called 3 or 4 tier. Each Tier representing a different name called Qualified, Mid – Qualified and Non- Qualified. This is the worst possible set up because you’re surcharged a higher fee on top of your Qualified rate to cover the Interchange. This opens up the possibility for your Merchant account credit card processing Company to charge you with rate hikes, etc.
Don’t get us wrong, we believe in every company’s right to profit. But most of the time we find these fees unnecessary and adversarial to helping the average entrepreneur. Thus the reason we only charge Ten Cents.
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