Merchant Account Common Questions

What is a merchant account?

How does a merchant account work?

How do I know I'm getting the best deal?

Which credit cards can I accept?

What type of equipment is needed to process credit cards?

What is a merchant account?

A merchant account is the central bank account that consolidates your payments from credit cards, debit cards, electronic checks and other payment processing services.

How does a merchant account work?
The merchant account provider authorizes the credit card transfer from your customer and deposits the funds for their purchases directly into your business checking account, typically within two business days of the transaction

How do I know I'm getting the best deal?

We specialize in finding businesses just like yours the best available rates on Merchant Accounts, nationwide.  You'll receive free, multiple quotes from multiple merchant providers competing for your business.  You'll know your getting the best deal, because you can choose the best deal!

Which credit cards can I accept?
You can accept the most widely used credit cards which include VISA, MasterCard, American Express and other majors credit cards, which include Discover and Diners Club International.

What kind of equipment do I need to process credit cards?
A computer terminal or PC with Internet access can be used for Internet, mail, and telephone orders. In the retail environment, a specialized terminal/printer designed to read the magnetic strip on the back of the customer's credit card is used. This device provides the customer with a paper receipt at the time of purchase. An imprinter, which takes a physical copy of the customers credit card, may also be used.