TIA announced a new member benefit that it said could save a tire dealer from 30% to 50% a month on credit card processing fees.
TIA has partnered with Hot Rod Processing to offer this benefit to members. To introduce the new program, TIA and Hot Rod Processing will be hosting a special webinar on Wednesday, Aug. 15 at 1 p.m. ET. Register for the webinar at http://tinyurl.com/tiaweb0815.
TIA said the new program passes directly through to dealers’ Visa and MasterCard wholesale prices “with a markup so low it cannot be achieved by any single tire dealer on their own.”
Hot Rod Processing also has a proprietary program (for those members who also do service work) with rates between 1% and 1.5%.
Some of the benefits of Hot Rod Processing include free terminals on loan with 24-hour replacement, payment of all or part of annual TIA membership fees, guaranteed savings, no rate increases by Hot Rod processing, no contracts, and an easy application process. In addition, a portion of Hot Rod Processing’s proceeds will go to a charity of a member’s choice.