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How To Find the Best Merchant Account For Your Business
By: Diane Hughes
What a great idea! Start accepting credit cards and watch your profits soar. Nothing could be simpler. Or so you thought until you began researching merchant accounts. It can all get extremely confusing. There is an easy way to find the best deal that suits your business. You'll be able to compare apples to apples and have a clear picture of what the merchant account will cost you.
Let's take a look at some of the phrases you'll encounter (in layman's terms) when you begin to search for a merchant account.
- Merchant Account Provider - The company who arranges for your payment hardware or software and your ability to accept credit cards.
- Nova - The company who processes the credit card transactions and forwards them to the appropriate credit card company for payment (Visa, MasterCard, American Express, etc.)
- Set Up Fee - The one-time amount the merchant account provider charges to set up your company in their system. For this example, we'll use a set up fee of $65.00.
- Discount Fee -One amount (there are others) that Nova and the merchant account provider deduct from each sale as a portion of their payment for your merchant account. We'll use a discount fee of 2.25%.
- Per Transaction Fee - This is a second amount that the two companies subtract from each transaction as a portion of their payment. For our example, we'll pick a per transaction fee of $.35.
- Terminal or Gateway Fee - Whether you have a real terminal or a virtual gateway via the Internet, you will be assessed monthly charges to cover the use of that service. Let's say $10.00 for our example.
- Statement Fee - The fee for your merchant account provider to send an itemized statement each month. An average amount we can use is $15.00.
- Annual Fee - An annual fee ju....[MORE]
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| Merchant Accounts - Credit Card Processing - Accept Credit Cards ... Merchant accounts from Eagle Merchant Services, a merchant account provider offering credit card processing services and ... Eagle Merchant Services' specialists will take the time to ...
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| D&B Reports: Eagle Merchant Services Inc Purchase D&B reports about Eagle Merchant Services. Instantly access credit ratings, company history, financial data, public filings, payment history and more...
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| Credit Card Merchant Services in the Yahoo! Directory Yahoo! reviewed these sites and found them related to Credit Card Merchant Services ... of electronic payments. Eagle Merchant Services - merchant account provider offering credit ... CardPay.net Merchant Services - provides national merchant accounts for credit card ...
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| BBBOnLine Seal Verification En Francais. En Espanol. BBBOnLine Reliability Participation Confirmed For. Eagle Merchant Services, Inc. ... Eagle Merchant Services, Inc. meets all BBBOnLine Reliability participation and Better Business Bureau ... seal signifies, pertain only to Eagle Merchant Services, Inc.. The seal does ...
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| Merchant Services: Loyal ForeverFile type:PDF - Download PDF Readerh y p e r c o m . c o m. 13. Merchant Services: Loyal Forever. By Lisa Shipley, President, The Horizon Group. Never before have the opportunities been greater for consumers to part with ... By Lisa Lersner, CFO, Golden Eagle Leasing,Inc. Golden Eagle leasing programs fund vendors up-front for ... www.hypercom.com/_Documents/Hyperline/Issue%202%2002/p15.pdf More pages from hypercom.com The Green Sheet, Inc. · in Print ... D iscover Business Services, Discover Card's merchant network, will enhance the ... Financial Solution's Eagle Merchant Risk Management System. Discover Business Services will use Eagle ...
[see more on Merchant Services: Loyal ForeverFile type:PDF - Download PDF Readerh y p e r c o m . c o m. 13. Merchant Services: Loyal Forever. By Lisa Shipley, President, The Horizon Group. Never before have the opportunities been greater for consumers to part with ... By Lisa Lersner, CFO, Golden Eagle Leasing,Inc. Golden Eagle leasing programs fund vendors up-front for ... www.hypercom.com/_Documents/Hyperline/Issue%202%2002/p15.pdf More pages from hypercom.com The Green Sheet, Inc. · in Print]
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| Your Merchant Services News....
| Eagle Merchant Services | Merchant accounts for credit card processing from Eagle Merchant Services to accept credit
cards at the lowest cost guaranteed. Offers FREE merchant services rate ... | | http://www.eaglemerchantservices.com/ | | | | Eagle Merchant Services - Merchant Account Provider Chicago ... | Eagle Merchant Services is a merchant account provider in the Chicago, Illinois area
headquartered in Sandwich. Provides nationwide merchant services and commitment ... | | http://www.eaglemerchantservices.com/about-ems.php | | | | Eagle Merchant Services, Inc. - United States and Canada BBB ... | BBB Accreditation. A BBB Accredited Business since 01/01/2005. BBB has determined that
Eagle Merchant Services, Inc. meets BBB accreditation standards, which include ... | http://www.bbb.org/chicago/business-reviews/credit-card-processing-service/eagle-merchant-
services-in-sandwich-il-88003040 | | |
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