If you’re an existing high volume merchant doing a lot of business, you can very likely have your merchant account or master merchant account fees and rates reduced simply by shopping around. To do this you’ll need a merchant account underwriter (not just an agent) who knows the banks and isn’t just locked into one with a “take it or leave it” rate. Even if you went directly to some banks with a high volume business, they simply wouldn’t give you the lowest rate, I’ll explain. (more…)
Posts Tagged ‘merchant account’
High Volume Merchants Shopping For The Best Rates And Fees.
Merchant Account Fees Explained
If you have a merchant account already or shopping around, there’s several different fees on a merchant account application. Knowing what they mean, and which ones you can negotiate, is the key to getting the best deal. If you call your merchant provider and they don’t drop at least $100 a year in fees, I’d shop around. (more…)
Are your order forms and email really secure?
Many merchants have online forms that emails the results to them with the customer order information. The real danger happens where the information isn’t encrypted every step of the way. I’m going to go over a quick guide on how to make sure if you do this, that information is never left exposed to hackers. (more…)
Lease Or Buy Merchant Terminals, Which Is The Best For You?
Buy or lease?
Whether to buy or lease office equipment depends on several factors. Of course, it costs more to lease in the end, but the tax advantages can really take the sting off the interest in many cases. Here’s the factors involved: cash on hand, how many deductions your business is going to have for the year, and something most people don’t consider, security. (more…)
How to avoid hacked merchant terminals when buying used.
If you’re looking to save money by buying a used merchant account terminal you really have to be on guard for hacked equipment. There’s really two types when it comes to it, one is (more…)





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