May '08 PRESS RELEASE: Small Business Credit Card Processing is an Important Decision for the Small Business Owner

Small Business Credit Card Processing for Online Businesses from May 08' Press release

Small business credit card processing is an important part of most online businesses. Colossal Development Systems, Inc., in business since 1996 has dumped merchant accounts and established a major credit card company for Building Businesses Online.

Colossal Development Systems (CDS, Inc) has, since it’s inception been led by Jack Funderburk as President. As a newcomer to internet marketing but an old line traditional guy, Jack has chosen to use a real bank merchant account for processing orders so the company can be aggressively building businesses online. Jack said he was quite surprised, “…that Pay Pal and Google Merchant accounts are used for any substantial business. I had heard from some of my associates online that these two well know processors could “freeze” your account if volume or individual dollar amounts are too high. I’m happy to have joined with a firm I used years ago for my current business processing online”.

CDS just entered the internet arena in 2008 after researching the most viable direct marketing opportunities for building businesses online. The company chose three companies to market - one serious business that has a minimum sale of $1995 and regularly bills $8,995 and in some instances amounts near $20k so Funderburk said, “I don’t need to be bothered with processing issues whether I’m doing business online or offline, there are too many other pressing matters to focus on. I wanted to utilize Visa, Mastercard and American Express so a “real” merchant account was the right choice”.

Small business credit card processing has been assumed by many online companies through these two internet giants (Pay-Pal and Google Merchant Accounts) but one must ask themselves if this is really the best choice for his/her business.

Funderburk says, “the company is marketing and building its business to appeal to high net worth people and/or high achievers “so using a toy to process valued products that will significantly change someone’s life didn’t make any sense at all.” Funderburk has had a passion for helping and/or encouraging others to start their own businesses since starting the company in ’96 but he says, “Since I’m one of those technologically challenged people I took my time pursuing the internet for building businesses online but that just gave me more time to learn and be better prepared now that I have started”.

Jack had a clear criteria of his search for an internet business, “Our criteria was to establish a self sustaining business by investing $10k-20k; require a relatively small advertising budget; utilize our current publishing assets and attract high quality leaders”. Colossal Development Systems, Inc, is servicing a huge market where millionaires are being made consistently as new folks are learning how they can be building businesses online. Small Business Credit Card Processing
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