families on vacation but the thing is is the banks Business Accountants Adelaide that are giving us those nice rewards attached to our cards aren’t really paying for it it’s the merchants where we utilize those cards thus the interchange and the print costs of interchange
so let’s talk about on a scale what are the cheapest cards to process so merchant obviously they’re looking to keep their costs down and as we go through the rest of this session today I want you guys to think about the knowledge you’re going to gain not only in today’s session but in sessions moving forward we really want to differentiate ourselves from
everybody else and not really going to be that piece that differentiates us we could sit home we could read books keep that knowledge to ourselves and we’ve you become a brilliant person but if we take this information we’re gathering today interchange we turn our presentation in our conversations with merchants into a valuable conversation we help them understand interchange a little bit better guess what now you become a trusted advisor you become a consultant for these folks and that is really going to add value
to your relationship then when other folks come behind you and try to steal that business away they’re not going to be interested in leaving because you become that trusted person that they know is going to provide them with the answers they’re looking for so the lowest rate of interchange is going to be your you’re just plain rap ATM cards then you have your PIN debit cards then of course you have your check cards and then we have our plane wrap credit cards I just call it a plane wrap it’s a consumer card no perks attached generally
consumers that get these cards they begin them because they say hey I don’t travel much I want the lowest interest rate I can get on the front end of my card so when i use it i don’t want to pay nineteen twenty