The most important part of an online store is the ability to accept credit card payments – after all, there’s no benefit to showcasing your products and services if you can’t sell them! In order to accept online card payments, you’ll have to apply for a merchant account. Before you start that process you need to research all the costs and features associated with your provider to ensure that you’re obtaining the best for your business.
Not all merchant account providers are the same, so it’s important to thoroughly understand the features and prices you’re committing to before you sign any contracts. One simple way to do this is to call the customer service line of your top picks for merchant account providers with any questions you may have. You want to get a sense of the company’s customer service because you may have to deal with them in the future if there are any problems or issues with your account.
While speaking to the service providers, you should also ask questions so that you fully understand the fee scale and any other policies that will affect your fees or service. Another thing to look for from the merchant account providers you vet is the other business solutions that they offer. You want to make sure that the processing provider you choose has the ability to help your business grow so that when your online sales soar, so can your business.
