Merchant Account Services Review

A merchant account enables your website to accept credit card orders in real time. Customers enter credit card information on your website and once payment is processed, funds are deposited in your account automatically.

To get a merchant account your credit must be approved and you have to pay a setup fee which is usually about $200, a monthly fee of around $40, a per-transaction-fixed fee usually about $.20, and per-transaction-percentage fees of around 2.5%.

Some advise that you must absolutely have a merchant account to successfully operate an online business. They suggest that any business without a merchant account is seriously lacking credibility.

Well that argument may be the absolute truth for you if you are a high volume trader and credibility is important to you business. Otherwise a Third party credit card processor may be cheaper and sufficient for your needs.


Merchant Account Providers.