The credit card processing industry is not heavily regulated. This results in one simple fact: merchant services processing companies raise prices on their merchants without warning or agreement from their clients.
Just like a bank that offers a generous interest rate on a checking account to only a few months after you sign up for it have your interest rate lowered to be about one half of what it is now, merchant services processors jack up discount rates and fees without warning.
This is why too good to be true merchant services rates should be not taken seriously, essentially by signing with one of the to good to be true processors, you are signing up with an aggressive and unethical merchant services processing partner.
