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Want to Apply
for a Merchant Account?
So you have made the
decision to expand your online or offline
business. It is important to know that a
merchant account is the best way to increase
your business in the shortest amount of time. If
your business is not accepting credit cards you
are missing out on 80-90% of possible business.
Internet companies who do not accept credit
cards are losing over 90% of their business if
they have not made the decision to accept
plastic payments.
Selecting the best type of
merchant account is the next step to being setup
to accept credit cards. If you are operating a
business such as a retail store, restaurant or
any type of business that is conducted in face
to face transactions, it is best to choose a
retail
merchant account. If you are operating an
internet based business, phone based business or
a mail order business it is best to have an
internet merchant account. Merchants will be
able to login from any computer with an internet
connection and a web browser to perform all
types of transactions. Lastly, a smaller
merchant can choose to use a phone merchant
account. There are no software or hardware
rentals and you do not have any high monthly
fees. For $10 per month a merchant can accept
credit cards and debit cards by calling an 800
number and typing in the information over the
phone. Funds are deposited directly in the
merchant’s bank account. These types of
merchants can upgrade into a virtual terminal
when they feel it suits them best.
Next is choosing the right
merchant account provider. You must find a
company that will have your best interests in
mind. Power Pay Services has been providing
merchant accounts for over 10 years. They are a
leader in the payment processing industry. They
process payments daily for thousands of
merchants. Don’t trust your business to anyone
else!
Now you have selected the best merchant account
type and provider for your business it is time
to apply. You will need to fill out the
application that is provider while also
attaching a copy of your photo ID and a voided
preprinted business check or a letter from the
bank. After you have submitted this information
a customer representative will contact you back
to complete the application if anything is
missing. If not, you will be setup within 24-48
hours.Setup a
credit card processing
merchant account today! |