How Do You Find The Best Merchant Accounts?
Getting the sale is challenging enough for businesses in today’s economy. Why jeopardize this opportunity by not offering your customers a variety of payment options? You can avoid wasted time waiting for mailed checks, and additional time delays by opening a merchant account for speedy credit card transactions. Take a trip to your local bank where you opened your business checking account to inquire about a merchant account. Verify the monthly charges and/or fees you will pay per sales transaction. Inquire about discounts or promotions currently available. Confirm the eligibility requirements to obtain a merchant account with the bank and fill out the paperwork. Check with well known merchant service providers. Paypal is a merchant services provider many people use, and it’s easy to open an account. You need your EIN (employer identification number) and business name and address. To establish a merchant account you must provide your social security number as the business owner and EIN
