In order to get a better wholesale credit card processing rate, you should negotiate it directly with Visa or MasterCard, but they are not dealing directly with businesses. You can go to a processor for Visa or MasterCard. This defines many credit card processing organizations, but would this mean that credit card processors are generally wholesalers? You could say so, and when you make a contract with a merchant service for credit card processing, you are almost getting wholesales rates. It is possible that you work with a sales representative of a processor who will add their mark-up to your already existent fees.
What is important is that you consider that actual rates you have to pay and ignore the supplying chain that provides you with the card processing service. Anyone could claim wholesale rates while providing financial services, but you are supposed to compare actual rates in order to make sure that you are getting the big deal. As a conclusion, you should get your current statement analyzed to see if you are paying as little wholesale credit card processing fees as possible and this means finding an honest processor. Get the help you need to sort this out at http://www.sterlingbuyinggroup.com.