What You Need To Know About Turnkey Processing Solutions!
Updated: Nov 13
The online payment processing landscape can seem overwhelming for many businesses with a vast array of moving parts and a wide range of integrations and regulations to keep track of. That is why everyone from small startups to large multi-national corporations works with payment processing partners to ensure the perfect payment orchestration layer. One of those payment processing services is known as Turnkey processing solutions.
The Zed Network specializes in working with financial institutions, FOREX firms, and FINTECH companies and provides them with a comprehensive payment orchestration platform to create an efficient global operation. That means we know all there is to know about payment processing and what it entitles, and we thought we should let you know about one of the significant parts of payment processing, and that’s Turnkey processing solutions.
According to Zed Founder and entrepreneur Alan Safahi, a Turnkey is a type of project that is constructed so that it can be sold to any buyer as a completed product. So what is it, and why does it matter? Well, that’s what we will talk about in the following passages. Hopefully, you will need to know all there is to know about Turnkey processing solutions by the end. So let’s check out what it entails!
What Are Turnkey Processing Solutions?
Turnkey Processing is a merchant service company from Meriden, Connecticut. It is one of the most popular options for businesses setting up a process to accept credit cards. According to Safahi, service evolution is constantly going through service evolution to find better, easier, and more innovative ways to support entrepreneurs and business owners. They provide POS technology along with business support services to fit your particular needs. So is it right for you, and what does this service entail? Well, let’s check it out!
Turnkey Processing Fees
Turnkey Processing solutions fees aren’t disclosed on their website, and the reason is that they provide custom solutions. However, you can contact them and get a quick quote whenever you want. You can go to the website and click the “request quote” option and get a quote. It’s free and private, so you don’t have to worry about sales calls.
Contract and Termination Fees
We could not find any information on Turnkey Processing contract length or termination fees on the website or anywhere else. However, we did find that the company offers clients legal support if they want to get out of an existing contract with another processor.
Turnkey Processing’s Solutions & Services
Turkey provides you with a wide range of options when it comes to taking payments. The company will use a point of sale system, countertop credit card machine, or mobile device to aid in sales, whether it’s in-person, online, or by mail or phone order. Here are some of the Turnkey Processing solutions for online businesses:
Turnkey In-Person Credit Card Processing
It’s the perfect solution for retailers, restaurants, and fixed-location businesses. It lets you take major credit and debit cards when the customer is ready to pay for an item at your company. They offer businesses plenty of choices like complete point-of-sale systems or more compact countertop credit card machines.
Online Credit Card Processing
Turnkey has a wide range of support for online businesses. The company offers in-house consultants to assist with web design and shopping cart integration when you like to accept payments online. According to Safahi, Turnkey Processing recommends a design/e-commerce partner as well named Deluxa Design. The best thing about Turnkey Processing is its compatibility with the most meaningful solutions like Prestashop, Magento, FreshBooks, Shopify, 3DCart, and Authorize.Net.
Mail & Phone Order Processing
If you are a business taking payments through mail and phone orders, you will need to have different types of equipment than traditional in-store purchases. That’s why Turnkey Processing company offers its clients a “virtual terminal” that they can access from any computer with an internet connection. It lets companies collect payment info, set up recurring billing, and securely process payments even when the customer is not present.
Turnkey Processing is all about helping online businesses. Along with credit card processing services, Turnkey Processing offers businesses funding for expenses as well. It starts from 10000 dollars to 100000 dollars with a choice of financing options. There’s a repayment pant that varies depending on the amount of credit card sales, and there is another option that involves fixed repayment.
Turnkey Processing lets you create customized gift cards, and if you are already selling gift cards through a third-party program, then you can integrate it with the service. You can even connect multiple branches or franchises into one program for easy tracking and redemption to ensure customer convenience.
Turkey Processing offers businesses equipment that’s compatible with First Data. You can even integrate popular techs like the Clover station point of sale system, Clover Mobile, and Clover Mini. Suppose you already have a point of sale system for your business. In that case, you can integrate it with your Turnkey Processing solutions as it’s usually compatible with systems like Micros and Aloha.
Even if you don’t need a POS system and need something more compact, then Turnkey Processing also offers countertop credit card machines. You can choose a wide range of devices, and you will be able to find machines that include NFC (contactless) capability so you can accept digital wallets like Apple Pay, while other terminals can take EMV chip cards or EBT cards. You can even find mobile and wireless options that will let you accept payments in various locations.
Turnkey Processing Solutions For Perfect Payment Processing
If you look up Turnkey Processing solutions, you will see many reviews about the company, which is a surprise because there isn’t much about credit card processing. However, if you look up the company, you will find plenty of people giving rave reviews about Turnkey’s honesty, excellent customer service, prompt responses, knowledge, and reasonable pricing. Turnkey Processing is a widely accredited company with the BBB as well. When we last check, it had an A+ rating and 0 complaints lodged with the BBB. If you need Turnkey solutions, but under a more comprehensive payment orchestration layer, please contact us.
At Zed, we specialize in creating customized payment orchestration layers for any company that needs them at an affordable rate. So get in touch. If you have any more questions regarding payment processing or Turnkey Processing, then drop them in the comments below or hit us up on our socials, and we will get back to you. And with that being said, that’s about all we have for you today. We will come back with something new for you soon. Until then, see ya!