Comments on: What do you really need in a merchant account?

By: student jobs leeds

student jobs leeds — Thu, 20 Nov 2008 17:36:05 +0000

The general discussion in this article is good. But it would be good if you would mention the names of a few best ones and not just name them, but compare there offers. It would be of a greater help.

By: Michael

Michael — Sun, 09 Nov 2008 03:48:17 +0000

I’ll disagree with Mark’s point about service. If you go with one of the “mega processors” and deal with a sales rep, he’s right.

However, if you work with an ISO, you’re dealing with a business owner. And that means, you’ll get service because they don’t want to lose the account, since their monthly revenue is based on total client processing volume.

Yes, it really does make a difference who you choose to help you get set up. I would also recommend asking for references. Sounds old-fashioned, but it makes good business sense.

By: Mark

Mark — Thu, 23 Oct 2008 06:12:10 +0000

One of the biggest things i find, is that you will set up your merchant account, but your American Express account still isn’t set up.

Every time you create a Merchant Account for any new business you run, make sure you sign up for American Express. So many businesses we set up don’t accept Amex for the first couple of days.

Also, some retail style stores accept tips. If you are in retail and accept tips, make sure you use the correct processor.

All in all, if you think you are getting a good rate, look again and force the competing businesses to offer you more. Besides rates you won’t get much in service past the beginning, so you have to get your benefits up front.

By: Bill

Bill — Thu, 25 Sep 2008 02:17:21 +0000

There are so many factors when considering your merchant account and cost is just one of them. What are you going to do about returns? If your return rate is to high, you get shut. That is just one more thing to think about.

By: TigerTom

TigerTom — Fri, 19 Sep 2008 12:39:00 +0000

Another criterion for a lot of webmasters:

‘It needs to accept my dodgy business which is going to get loads of chargebacks’.

[grin]

By: RJ

RJ — Thu, 18 Sep 2008 18:16:17 +0000

Did this person happen to list any merchant accounts that they use or have used? One would think that if you are a really large store, you have probably seen at least a couple different merchants.

By: ecards

ecards — Thu, 11 Sep 2008 16:10:48 +0000

Great post, really, but at the end I was looking for the current top recommendations .

I’m worried about using reviews that are even a year old because it seems like the offerings are being updated so quickly.

Thank you.