High-Risk-Merchant-Accounts.net Reccomends ACH Check Processing Services For Your Business
Can you afford to not Capture Every $ Dollar? More and more
merchants rely on ACH check processing payments from their clients and customers.
high-risk-merchant-accounts.net
would like you to know that ACH check processing may be able to help your business' bottom line too.
High Volume Credit Card Processing Is Available High-Risk-Merchant-Accounts.net Reports
Are you just starting a business venture, or does your limited volume merchant account make you feel trapped and unable to “grow” your business?
high-risk-merchant-accounts.net
would like you to know that more and more merchants are able to succeed and stay in business when they are able to rely on a stable and well established processor that will allow their processing volume to increase as their business grows.
Is Offshore Merchant Account Processing An Option? High-Risk-Merchant-Account.net Says Yes
Does your business have special processing needs but are afraid of processing offshore?
Providing international credit card processing solutions worldwide and specializing in high volume merchants,
high-risk-merchant-accounts.net
would like you to know that Offshore Merchant Account On The Net ® tm sm has been helping merchants since the mid 90’s with their unique processing needs. New as well as established business ventures that process higher volumes are encouraged to apply.
Chose A Merchant Service To Activate A Shopping Cart
A good e-commerce shopping cart is essential for internet success. If you buy an e-commerce shopping cart, your business can improve. Choose a shopping cart that meets your business needs. You need to choose a cart that projects security. E-commerce shopping carts are designed for safe payments. Read this article for more updated cart information.
Quotecatcher Business Services Updates their Credit Card Merchant Buyer's Guide
As part of their continuing efforts to provide clients with the most complete information on credit card processing and a wide range of other merchant account services, Quotecatcher has updated their credit card merchant buyer's guide on their website. The buyer's guide provides a wealth of information about virtually every aspect of credit card processing so that merchants can make more informed decisions about credit card fees, credit card processing equipment, merchant account providers, point-of-sale systems, and the many costs of accepting credit card payments from customers.
Rock-Bottom Merchant Processing Rates For The Self-Storage Industry
Storage Payment Pros Offers Integrated Payment Solutions Exclusively for the Self-Storage Industry.
Credit Card Merchant Account Basics
Knowing which credit card merchant account to get can be very confusing. There are thousands and thousands of banks, merchant account providers and third party sales teams that can offer you all kinds of incentives.
Choosing An Internet Merchant Account
Surf to Google and perform a search on "Internet Merchant Account". The results are staggering (472,000 results!) If you have created a web based business and need to accept credit card payments, your choices are limitless.
High Risk Merchant Accounts Receive 99 Percent Approval with MAXX Business Solutions
MAXX Business Solutions () announce new 99% approval rating on all their high risk merchant account applications - with no application fees prior to approval. With this high an approval rating, MAXX offer high risk merchants a means to gain access to merchant accounts with numerous credit sources.
100 Best Names Merchant Warehouse the Best Merchant Account Provider
100 Best, Inc., a leader in providing information on ecommerce services, recently recognized Merchant Warehouse as the best merchant account provider for businesses that accept credit cards.
Myths about Offshore Merchant Account
When you hear the term, Offshore merchant account, or just the word offshore, what initially comes to your mind? Suspicious. Somewhat illegal. Sounds paranoid, isn't it? Don't worry. It's just but normal to be cynical about this. We have watched in movies businessmen being arrested because of having a 'hidden? offshore merchant account. But in reality, an offshore merchant account isn't as bad as it seems.
How To Create And Add A Shopping Cart To A Site
There are many solutions to adding a shopping cart to an online merchant site. You may want a very personalized shopping cart for your portal and so will have to hire the expert services of a software programmer.
Yahoo Merchant - Processing Orders Just Got Easier
Your online store is designed to get orders After all, that's why you're in business, right
|
 |
 |
Why a Paid Online Merchant Account is Better Than a Free Merchant Account?
An online merchant account is a specialized account with the bank that allows the merchant to accept online transactions using a credit or debit card. With several merchants opting for online businesses, presence of an online merchant account is fast becoming a necessity.
One important factor that determines the selection of a merchant service provider is the cost associated with a merchant account. These costs tend to differ from provider to provider and are usually high. Hence, many online business firms tend to be apprehensive about these accounts. In order to increase their business, merchant service providers or banks are always coming up with innovative business strategies. One such strategy is offering free merchant accounts. In this context, it is important to understand the differences between a paid merchant account and a free merchant.
A free merchant account is one where the merchant service provider doesn't collect any membership charges from the merchant nor charge any setup fees. This means that the merchant need not pay anything in order to register with the merchant provider and receives the necessary payment gateway information and setup guide free of cost. Many merchants tend to have an impression that free merchant accounts are much better than a paid one. However, these accounts have their own set of advantages and disadvantages. It is important to know about these before opting for a free account or a paid account.
In this world, nothing comes for free. If one is underpaying for something that needs to be compensated by overpaying for something else. The same is happening with free accounts. The only advantage of a free account is that the merchant gets the account without paying a single penny. However, the disadvantages are many. These include higher processing rates and chargeback rates that can cost much more than the costs incurred on a paid account. These high rates are charged by service providers so as to compensate the money lost due to free registration process.
One can easily determine the difference in charges by doing a simple comparison. For example, assume that the average costs on a free account levied by a merchant service provider for every online transaction is equal to $1.00 + 5% of the entire transaction amount. This means that if a customer has purchased an item worth $100, then the same is paid by the customer. However, the merchant doesn't receive the entire amount. The service provider deducts the costs and deposits the remaining amount in the merchant's account. Hence, for every $100 transaction, the merchant has to lose $6 towards charges. As a result, he/she will get only $94 (5% of transaction amount=$5.00 + $1.00=$6.00). In reality, service providers have been known to even charge rates as high as $14 on free accounts. In contrast, charges on a commercial or paid account are much less. As a result, greater savings and higher profits seem to be possible through a paid account.
Another major disadvantage of a free account is lack of technical and customer service from the service provider. As a result, merchants have to compromise on the security and stability of the payment gateway and the transaction.
On the contrary, a paid account has all the advantages including lower processing rates and providing secured transaction gateways to the customers. Also, banks tend to offer rewards on transactions where paid accounts are being used. Free accounts usually don't have any such offers.
Hence, one should choose an online merchant account depending on the requirements and needs of the business firm.
Todd I. Nelson is a senior relationship manager for Capital Merchant Solutions Inc. Additional resources about online merchant accounts can be found at http://www.TakeCardsToday.com
|
