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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!

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