Good news for business owners and anyone doing business transactions online. There is an alternative and possibly a cheaper way for merchants to accept money transactions.
If you have an ACH merchant account, you can accept payments with credit cards and even checks. The checks can be processed over the phone or on the internet with an ordis computer. You will receive your funds by having it directly deposited into your banking account. There is no need to open a new bank account in order to start with Merchant Account Provider, if you already have a business account.
The charge is 1.9%, .19 cents for every transaction, and $9.95 per month. If you do a huge volume of transactions, it is to your advantage to use the ACH merchant account to cut down on the risk and fees the bank charges when accepting money.
Another great reason to have an account at Merchant Account Provider is not only can you use the account for online transactions but also in brick and mortar restaurant and retail stores as well. You will have your own credit card sliding machine, and if you act now, your business might qualify for a FREE credit machine.
The difference between applying at a bank and Merchant Account Provider is probably the rate of approval. You will have a higher chance of getting approved for an account even with low or bad credit. The process of setting up an account is within 48 hours and there is 24 hours technical service.
When doing business, you want to have different options for your customers to pay. If you are on the go there is the option of mobile and phone processing. If you are already in business, you already know that sometimes you will get asked about other payment options, it is important that you can provide your customers with other options and not lose the sale.
Thanks for stopping by today.
2 Comments
This sounds like a great idea. If I were selling enough of my poetry books myself, I guss Icould do this.
ReplyDeleteThis is a must for every business big and small. For us who don't carry cash around... this comes really handy. Hope those yard and garage sale vendors will get one of these. LOL
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