Merchant Services

Merchant Services Reviews

If you need merchant services, you will need to understand how payment processing companies work and how they differ from each other. Merchant services providers may be both independent and governmental merchant organizations offering payment processing solutions.

It often requires a thorough research to find the best provider for your business. For example, if you run your business from home, many banks may refuse working with you, since your business isn’t large enough and self sufficient. Independent providers are more flexible and may offer you the best merchant service rates available on the market.

If you run a small or middle-sized business, there’s no need for you to open a merchant account. You can use the services of payment processing companies that will process credit cards on your behalf. They typically charge more because credit card processing is always associated with a share of risk. However, with so many providers out there, you will definitely find the one that meets your needs in the best way. For example, some merchant services providers charge just a few percents of each payment processing, which may start from 3 cents only!

If you are going to enhance your online campaign and sell lots of products and/or services, you will most likely need to open a merchant account, which will significantly reduce your charges and is considered a better way of representation in the eyes of your clients. Bear in mind that most providers keep the funds in their accounts for 14 up to 30 days if you use conventional services, i.e. without opening a merchant account with them. This means that you will only receive your money after a certain period and this may limit your cash flow. With a merchant account, your funds can be accessed within 2-3 days after transactions.

Let’s consider some merchant services reviews that may help you make your choice in favor of this or that provider. We have chosen 3 providers that offer the lowest merchant services rates possible for the services they provide.

PayPal is one of the most widely used payment processing provider in the United States. It collects payments worldwide with more than 2 million users ready to send money to your account every year. Most merchant accounts usually support PayPal payments. What makes this processor a number one solution is that you can link a debit card to your account and you will get your money in the system in no time. You do not need to have any special knowledge to work with PayPal – simply create an account with them and set up your shopping cart to accept PayPal payments. PayPal doesn’t have any monthly fees and you will only pay when there is a sales activity running in your account.

2CheckOut is another large merchant services provider accepting payments with Visa and MasterCard. When you first open an account with 2ChekOut, you will have to pay $49. There are no monthly fees and you only pay when you sell. is a popular merchant services provider that processes electronic payments and works really fast and secure. The following payment types are supported: Visa, MasterCard, Discover, Amex, electronic checks.

First Data Merchant Services

A couple of other merchant services provider that we’d like to draw your attention to are First Data Merchant Services and Merchant Services Direct.

First Data Merchant Services is a US payment processing provider that processes credit cards, debit cards, payrolls, prepaid card deals. A good thing about this provider is that it offers an absolute fraud protection and security. E-checks can be accepted through TeleCheck. Moreover, mobile payments are also supported.

Merchant Services Direct offers a full range of online payment processing, including credit and debit card processing, electronic checks, e-wallet, etc. Because this merchant services company works with numerous banks across the United States and abroad, it is a preferable solution for many small to large business owners.

Merchant Service Account

A merchant service account represents a bank account that businesses would normally use to accept payments made by means of credit and/or debit cards. As a rule, you will need to file an application with an acquiring bank that will be used to settle your card transactions. You can also use such services as PayPal, or 2CheckOut that usually link with your bank account and provide the ability to process multiple card payments.

A merchant services account can be used to accept payments made with the following sources:

Credit Card Merchant Services

Credit card merchant services are aimed at providing ample opportunities for online businesses to accept credit and debit card payments. It is very important to set up a merchant account to do e-commerce business. You can also take advantage of such merchant card services as PayPal, 2CheckOut, or Google Checkout that allow you to accept unlimited payments without the need to open a merchant account with your bank or other payment processing company.

To use merchant card services on your website, you will need a payment gateway, which will send your clients’ credit card details from your website to the payment processing provider. There may be other benefits that payment gateways would normally offer. These may come at no or a small additional charge.

Although the basic functionality of most credit card merchant services is to allow businesses to accept payments by credit cards, they usually work with all cards, including Visa, MasterCard, Amex, Discover. However, be prepared to pay extra for the possibility to accept such cards.

You can also choose to accept debit card payments, where your clients will need to specify a PIN that will allow them to complete the transaction. An alternative solution is an electronic check, fax ordering as well as mail ordering, phone ordering, etc. If you need to have all of these payment types or a selection of them, you can order a package of services that will meet your business needs in the most cost effective and secure way.

Total Merchant Services

Let’s compare merchant services to give you a clear idea of what provider you should choose. There are a few things you will need to take into account before making your final decision. Pricing and business goals are the main factors that must drive your decision. But let’s look into some more important driving forces when comparing merchant services: The leading position among other merchant services providers belongs to Total Merchant Services, which offers different packages with the fees starting from $10 per month or $0.35 per transaction. The offerings by are also rather good with their fees starting from $10 per month and $0.03 per each transaction. Merchant services from Discover start at $19.95 per month. Verisign and offer only $5 per month and from $0.13 per transaction.

Most of these merchant services providers work with Visa/MasterCard payments and offer credit card terminals for your convenience.

Online Merchant Services

There is a special category for such online merchant services as adult sites, rental services, recreation, phone ordering, dating, ticket services, investment, downloadable software, jewelry sales, weight loss, sports equipment, travel services, etc. All these businesses are classified as high risk and need high risk merchant services that will help the business owners to engage in their online activity without most of the risks associated with opening a merchant account. Due to lots of sales (many of such sales may turn to be fraudulent), it is important for both merchant service providers and the businesses themselves to keep a clean reputation and their money intact or with minimum losses. Therefore, if you are an owner of a high risk business, choose your payment processing provider wisely in order to save you from the losses associated with many ongoing payment transactions.

Tags: account online credit account credit rating online bank account customer service online credit repair service online credit rating

Similar articles


The bookkeeper brings the books to the trial balance stage. An accountant may prepare the income statement and balance sheet using the trial balance and ledgers prepared by the bookkeeper.

Online Merchant Account Services

By aid of new transaction technologies, you can enhance your business growth globally and over a short period of time. All you need to do is to create an international merchant account that will help you reach your target audience regardless of location and at a much lower cost.

Online Checking Account

If you want to get and spend money through credit cards, debit cards, checks, various ATMs, and online e-commerce websites, the best option for you is an online checking account. You will get all the features of a standard checking account plus the convenience and security offered by online payment systems.

Best Online Merchant Account

Do you need to easily manage all your cash flow? There is a simple solution that can address all your needs – open a merchant account within just a few minutes and receive or send money with no hassle. There are a few factors that determine which is the best online merchant account.

They search here

merchant service that accepts paypal merchant services flagship merchant services rates and fees flagship merchant services reviews paypal business account paypal business account russia paypal business account fees