Accept Credit Cards with a Merchant Account 1-2-3
Which Merchant Account is Right for You?
- PayPal
Don't want to install software on your computer? Use PayPal's remote credit card processing service on
their secure server. Set-up free and no monthly fees - only pay per transaction. Low Rate.
- Free Intuit® GoPayment Credit Card Reader
With this convenient system, you can swipe customer credit cards via your smartphone or other mobile
device. It's ideal for mobile businesses like food trucks or businesses that provide services on-site. You
get the application and card reader for free.
There are no monthly fees required, just a small charge-per-swipe (about 3%). **However, we did notice that
if you want to save money on transaction costs, you have the option to pay a low monthly fee and pay less
per swipe. Set-up free and no monthly fees.
- Phone Credit Card
Processing
Use any touchtone phone, no equipment needed
TIP: Get Free Price Quotes on Credit Card
Processing
Describe what you need, and they will match you to qualified credit card processing services. Compare
competitive prices to get the best deal for your business.
A Look at Different Merchant Account Services:
All businesses are different, and there are a variety of merchant account services that you can choose from
to meet the needs of your business.
For example, some companies handle transactions exclusively over the internet, some by direct mail and some
in person. Some companies need to deal with payments from different countries, etc.
Here are a basic rundown of the options when it comes to accepting credit cards:
Wireless: This service enables the merchant to accept credit card at mobile locations
through a wireless terminal.
Retail: A retail merchant account is generally connected to landline and credit cards are
physically swiped through a terminal
Restaurant: A restaurant merchant account pre-authorizes the credit card and charges the card with
gratuity.
Card-Not-Present Merchant Accounts: Generally used for mail order companies, this is
where neither the customer nor the card is present during the transaction, and the information is
manually entered into the credit card terminal.
Internet: Internet merchant accounts are used for sales made from a website.
When it comes to choosing the right merchant account service for your business, the choice may be clear.
However, if you are deciding between a few options or companies, check and compare the rates and fees. Some
types of merchant accounts are higher risk, and therefore charge higher fees (for example, where credit cards
are not physically present during the transaction). If you can, opt for the lower-rate service.
