Truxx, Payment Processing Products Designed for Trucking Industry, Announces New Leadership
Hagerstown, MD (PRWEB) November 10, 2009
Truxx, a division of Metro Merchant Services, and provider of total payment processing solutions designed specifically for those in the trucking industry, has appointed Sean Jones as president. Merchants related in any way to the trucking industry--trucking, dealers, service, truck parts, wholesalers, distributors, etc--access proper training, terminal programming and rate structures, avoiding costly surcharges and downgrades in payment processing of credit, debit, fleet, ACH, Check Guarantee, electronic check conversion and international payments.
"I am excited about the opportunity to run the Truxx division," says Jones. "I've been involved with a number of trucking association and buying groups and have long noted an underserviced market and little regulation in the payment processing industry. It's unfortunate, but you'll have everyone from the big box retailer to the person next door selling payment processing products, the result being that many merchants have been set up with wrong type of rate structure. Someone who has little or no training or experience with interchange/rate qualification sets up the wrong kind of merchant account and ultimately determines high fees paid to the processor."
Because Truxx payment processing is designed specifically for the trucking industry, pricing structures more accurately align with transactions typically handled by these merchants.
"Most of the association and dealer programs are endorsing a tier type of payment processing pricing structure that is better suited for a business that processes the majority of consumer cards. Whether you're a truck dealer, provide service or sell parts, the bulk of your transactions are going to be commercial, business, purchasing or fleet transactions. These types of transactions, without Cost Plus and a Level II Merchant Account, can be very expensive," explains Jones.
The Truxx payment processing solution is designed around a full disclosure of the discount rates and fees that affect bottom line costs. Merchants are armed with information they need about interchange and rate qualification. Thus, they can make informed decisions and select rate structures better suited to their industry and typical transaction type.
Jones explains, "Many merchants have never been shown what it actually costs to process a credit card. Truxx will show a merchant the true cost compared to what they are paying, as well as the additional savings they'll realize when they implement Cost Plus and Level II Merchant Accounts."
More information about the savings available through Truxx is available at the Truxxpayments.com website.
About Sean Jones, President of Truxx:
With more than 13 years of experience with online merchants accounts and other areas of the payment processing industry, five years of which has been focused on merchants in the trucking industry, Sean Jones brings an understanding of pricing structures and payment processing to all areas of the trucking industry. Jones manages payment processing programs for several state truck associations and buying groups. Jones is a former owner and operator of an ACH company.
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