In continuation from our last post, let’s take a look at more of the industry standard fees that one should know.
Statement Fee: Statement fees are usually payable every month for as long as you request a monthly statement to be mailed to your doorstep. We would suggest you to “go green” and opt for the electronic version. This way, your statement will be made available online for you to download – a pretty nifty feature especially if you plan to upload it to your accounting program for taxation purposes. Your …

Know your fees, gain the upper hand
Whether you’re on the lookout for a first time merchant account, or are shopping around for a new provider, it pays to find out all you can about the different fees involved in the application. Knowing this can give you the upper hand in negotiating and grabbing a good bargain – ultimately saving you a lot of money in the long run. Some merchants have been known to call up their merchant account provider and ask for a reduction in fees per year, and …

Buy and sell anytime anywhere – Physically or digitally
iPhones are fast becoming an indispensable gadget these days. There are close to 150,000 apps in the App Store that can improve the way you work and play. From organizing work assignments with flexible to-do lists to indulging in addictive games like Doodle Jump, the iPhone offers endless possibilities that one cannot even begin to imagine. Business owners as well as consumers will also find the iPhone indispensable; recently a highly convenient app called MoBeePay was launched so that sellers can sell …

A lot of merchants think finding the perfect online merchant account providers is just a matter of depending on word of mouth and signing up with the provider that everyone is raving about. However, the actual truth is that you still need to take time to research properly in order to locate a really good merchant account provider and payment processor, instead of blindly taking in other people’s recommendation. Trying to spot and anticipate merchant account problems before they happen can also save you a lot of time without running …

Many new merchants who are all too eager to obtain their own Internet merchant accounts may be in for a nasty shock if they are hasty in selecting their service providers. Sometimes, resellers who are just concerned about meeting that “quota” may not be totally honest in selling them a merchant account package. If these merchants could just take the time to research and ask around for advice from experienced business owners, they can easily avoid the merchant account traps set by unscrupulous providers.
Asking these 7 basic questions and gaining …

Hope for the future – even with bad credit
Each day, more and more people are getting into the business of e-Commerce. Whatever benefits they seek to enjoy with their new endeavors, most would agree that getting an online merchant account should be priority No.1… And for a good reason too!
With an online merchant account, you will be able to enjoy a whole new world of freedom in accepting payments from your customers. Your customers in turn will love the flexibility given to them when it comes to making payments. …

It is common for business owners to use e-Commerce merchant accounts as they deal with credit card transaction. These accounts come with some disadvantages but merchants should also take note that this type of accounts has its own share of benefits as well. It is wise to weigh the pros and cons before signing any agreement with a merchant bank.
Disadvantages of getting an e-Commerce merchant account
1. High risk of fraud
Fraud is a common problem when it comes to obtaining an e-Commerce merchant account. You need to do your homework and …

Free merchant account: Can they really be true?
If a merchant is just starting their business, they cannot be blamed for wanting to keep the costs down to a minimum. Some are even tempted to sign up for so-called free merchant account services. These providers are quick to attract the hapless merchants with promises of full featured merchant accounts without having to pay a single cent, just because it’s “free”. They are also smart enough to further convince the merchant that they need a merchant account to boost their sales volume …

Getting the best of the best
We all want the best things in life – the best roof over our heads, the best food in our bellies, the best clothes upon our backs. But how does one define best? That is a pretty debatable topic. However, in business, when it comes to obtaining the best merchant account, it is easy to see that the best merchant account is the one that offers zero hidden fees, with highly competitive fee structures and appealing discounts to attract and retain good merchants.
Bear in …

The Internet opens many doors for people to be connected across the world. In the commerce and finance scene, it has also become easier for consumers to shop online, pay their bills online and transfer funds amongst themselves. Online payment options are also popping up increasingly fast, allowing people to make payments easily using their debit or credit cards. Making charitable donations can also be done in a jiffy where all the donor needs to do is fill up a simple form online and key in their credit card numbers …