Posted By:
Registration Guy
Last Updated at
10:17 AM on Thursday Apr 23, 2009
Found in:
Blog,
Online Sports Registration
When times are tough, you might be looking at a reduced membership. So, it is important to
provide your members the best product at the most competitive rates. Here are some tips on how you
can help reduce your online registration fees:
1. Search for Alternative Services
You may currently be paying too much. Sometimes all it takes is for you to find a competitor to reduce your current fees. All you have to do is ask.
2. Provide a Pay in Person payment method
Credit & Debit card processing fees can become very costly. Try providing your members with a "Pay In Person" method, this will allow them to mail in their payment, or
drop it off when convienient.
3. Reduce The Number of Payments
Many online payment processing services charge a transaction fee for every payment received. By eliminating Payment Plans for your members, you save the additional transaction fees.
4. Eliminate Costly Monthly & Setup Fees
Some payment gateways charge a monthly fee in order to maintain your account. Try searching for a service that has no monthly or setup fees.
5. Choose an Online Payment Processing Service
Many banks charge a premium on payment processing fees. Instead of using the bank services, try using a payment gateway service that offers competitive rates
and links directly with your bank account
6. Ask Your Service Provider for a Discount
Instead of assuming that your current online registration provider is unwilling to negotiate. Try asking for a discount. I am sure they would rather give you a discount than to
lose your business to a competitor. |