Needless to say, businesses need to open merchant accounts because in today’s marketplace, 80% of retail or face-to-face customers, and almost 100% of online or telephone customers pay with a credit or debit card. Without a merchant account, businesses cannot accept cards, and customers are most likely to leave to find a competitor that does.
However, a merchant account that lets holders fully understand all the potential costs involved is a rare find. Whether signing up for a first merchant account, or finding a merchant account to find a better deal, landing on the right merchant account and finding hassle-free merchant processing is never easy. Merchant account holders’ problems range from higher rates than they were expecting to pay, to problems with contracts they did not understand they were in, as well as timed rate rises, termination fees and a lack of customer support and downtime. Hidden fees, lack of account features and high pressure sales tactics are also prevalent among debit and credit card merchants.
FindYourMerchantAccount.com gives helpful advice to obtaining a first merchant account and setting up online merchant services. From fees to contracts, FindYourMerchantAccount.com helps ease the search for finding the right merchant without making the costly mistakes commonly made.
Run by finance and credit publications author Joe Mears, FindYourMerchantAccount.com puts together a comprehensive review of the merchant account marketplace. “To put it bluntly, many credit card merchant account providers are not 100% straight about exactly what they will be providing to their customers,” Mears reveals.
With an intent to aid businesses in making objective judgments, FindYourMerchantAccount.com explains exactly the charges, the overall cost and service levels of different companies that offer merchant accounts. This website also lists the recommended vendors to set up a first merchant account based on various ratings.
Visitors of FindYourMerchantAccount.com will also be able to browse through several articles that tackle the merchant accounts industry in general. It also points users to many online resources that will help them find answers to their merchant processing issues.
Check out http://findyourmerchantaccount.com today and know the ins and outs of opening, processing and using your merchant account.
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