Retail Merchant Accounts and an Online Business Merchant Account
Whether you are taking payments at a traditional brick and mortar business, or you are making sales online, you need the very best retail merchant accounts or online business merchant account. Settling for anything less can cost you valuable customers and profits!
Accepting credit card payments has become a way of life for any business that wants to make as many profits as possible. And, while making those payments is as easy as swiping a card for consumers, for the retailers themselves, it is a little trickier. To take credit cards, you need a merchant services provider, or, if you’re strictly an online business, you need an online business merchant account. By cutting corners with either one, you are cutting yourself out of profits.
If you accept credit cards, your merchant services provider is the one who actually verifies the transaction, then deposits the money into your account a few days later. A good merchant services provider will work with you, to come up with a plan that fits your business – without inundating you with fees.
A good merchant services provider will also make it easy for your business to accept credit cards, debit cards, and gift cards. In fact, your provider can also setup your business to accept checks using the very same swipe machine that verifies credit card payments.
With an online business merchant account, the process should work no differently. A good internet merchant account provider should offer you the same services that come with brick and mortar credit card payments. And, your online business merchant account provider has another big responsibility – to make sure that all of your online transactions are secure. After all, customers will only make purchases on your website if they feel safe doing so!
Ideally, your internet merchant account provider should be the same as your on-site merchant services provider. The best companies that offer retail merchant accounts are happy to work with business on the street, as well as on the web.
By having the same provider, you will only have to deal with fees from one company. And, your monthly statements will all come from the same place – making it easier to keep track of all of your transactions.
Whether you’re only online, only at a traditional store, or both, a good merchant services provider will offer complete 24/7 customer service. After all, if you have questions or faulty equipment, you can lost valuable profits. A good merchant services provider understands that – and is ready to help you with any issues, day or night.