With so many services available in our credit card processing review, let's evaluate the criteria you need to consider as you conduct your merchant account comparison. In fact, these are the details that we took into account in order to make our recommendations.
Average Approval Rating
Consider how quickly a credit card processing service can approve your application. Does it charge an application fee? What percentage of applicants does it approve?
Cost per Month
We base our ratings on what your monthly cost would be for 500 transactions with one statement, charge-back and gateway fee. The best services charge low fees and clearly communicate with you about ongoing fees and charges.
Start-Up Cost
Obviously, you need to consider how much it will cost to establish a merchant account and set up a payment gateway.
Account Setup Time
You should know that some credit card processing services will approve your application and establish your merchant services account within one business day.
Customer Service
For a service as vital to your business as credit card processing, you probably should not settle for any company with customer service that doesn't respond to you 24/7.
Internet Based Features
Your online merchant account should support an online payment gateway and more than one type of virtual terminal.
P.O.S/Swiper Based
Whether you run your business from a physical retail space or remote locations, you should be able to select from a variety of point-of-sale terminals and card readers.
With these evaluation criteria in mind, you are in a good position to pick the best credit card processing service for your business.
Average Approval Rating
Consider how quickly a credit card processing service can approve your application. Does it charge an application fee? What percentage of applicants does it approve?
Cost per Month
We base our ratings on what your monthly cost would be for 500 transactions with one statement, charge-back and gateway fee. The best services charge low fees and clearly communicate with you about ongoing fees and charges.
Start-Up Cost
Obviously, you need to consider how much it will cost to establish a merchant account and set up a payment gateway.
Account Setup Time
You should know that some credit card processing services will approve your application and establish your merchant services account within one business day.
Customer Service
For a service as vital to your business as credit card processing, you probably should not settle for any company with customer service that doesn't respond to you 24/7.
Internet Based Features
Your online merchant account should support an online payment gateway and more than one type of virtual terminal.
P.O.S/Swiper Based
Whether you run your business from a physical retail space or remote locations, you should be able to select from a variety of point-of-sale terminals and card readers.
With these evaluation criteria in mind, you are in a good position to pick the best credit card processing service for your business.
No comments:
Post a Comment