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Old 27th November 2011, 09:17 PM   #1
AngelBiz
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Location: Detroit, MI
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Default What Should You Look For When Setting Up Merchant Account To Accept Credit Cards

Most small businesses are overpaying for credit card processing. In our conversations with number of small business owners we have not come across a single owner who does not hate credit card processing companies for the exorbitant amount of money they charge. That is why it is important to do your homework before you sign up with the merchant processing company.

Setting up a merchant account isnít all that difficult as long as you know what you need to do business and avoid being talked into something you donít want. Go directly to a merchant account provider. While you may be able to apply for an account at your local bank, the bank is probably going to outsource the services to a card processing company anyway.

Here are more tips you can benefit from...

Read more - http://www.angelbusinessadvisors.com...-credit-cards/

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Old 2nd December 2011, 04:42 PM   #2
fdo528
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You can google pretty much all merchant processing companies and 99% of them have complains. This is the reality. Why? Because most business owners don't have any idea of what they are paying for. fees everywhere. If you take the time to ask the rep about all the fees, they should be able to go thru all of them with you and you will have a better understanding of what they are. And yes, 3 years is standard contract for most companies.

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Old 3rd December 2011, 03:44 PM   #3
AngelBiz
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Quote:
Originally Posted by fdo528 View Post
You can google pretty much all merchant processing companies and 99% of them have complains. This is the reality. Why? Because most business owners don't have any idea of what they are paying for. fees everywhere. If you take the time to ask the rep about all the fees, they should be able to go thru all of them with you and you will have a better understanding of what they are. And yes, 3 years is standard contract for most companies.
you are right. I had written a similar article a while ago talking about what small businesses can do save on credit card processing fees. You can find it here - http://www.angelbusinessadvisors.com...ocessing-fees/

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