Merchant Account Services

Merchant Services Account
By Shane Penrod

Can a Merchant Services Account really help your company to
grow? Dozens of satisfied business owners claim it can, and
they eagerly support this type of service for use with many
kinds of companies and enterprises. Basically, a merchant
account will allow you to collect credit card payments from
your customers in a variety of ways. You’ve probably heard all
about these from other company owners in your area, but if not,
here is a basic rundown of what to expect.

Getting approved for a Merchant Services Account means that
your company will be able to accept credit card payments. You
can collect these in several interesting ways, depending on the
nature of your business and your clientele. If you operate a
retail shop or a restaurant, for example, you can set up a
credit card processor onsite in the checkout area to receive
payments from your customers. On the other hand, if you deliver
home-baked goodies to customers at lunchtime in their business
offices, you can take along a wireless unit to collect payments
while making the delivery. All transactions can be concluded at
the point of purchase, leaving your time free to do more
valuable things than collect back checks or send out monthly
statements.

A Merchant Services Account can help you set up a digital
credit card payment program. For example, you can arrange for
customers to call a toll-free number, listen to a menu of
choices before pressing the telephone keypad number that
corresponds with their reason for calling, and shop for
products that are described briefly on the phone in a
pre-recorded message. If they purchase anything, they can pay
for it promptly with a credit card by punching in the requisite
account numbers. Your customers will love the ease with which
they can call your company, shop without coming into the store,
and make payments without the exact amount of cash.

Opening a Merchant Services Account also can equip you with
additional technology, like a pager, a wireless phone, or a
debit and e-check processor. You can reduce the amount of help
you will need from employees by relying more on technology to
help you run your business. One of the most expansive credit
card payment options is to set up a Website that represents
your company’s business. You can promote the latest products or
sales, list prices, include links to related sites, and let
customers make purchases that they can pay with a credit card
right at the site that operates in real time. Your lender will
coordinate the payment-processing program so that the amount
paid by your customer will be deposited directly in your
company’s bank account.

There is no need to keep on doing business the old fashioned
way when you can easily upgrade to an e-commerce structure.
Costs are manageable, and benefits are noticeable in short
order. Ask your banker, a colleague, or an Internet Website for
details about how you can apply for benefits that will help your
company become all it can be with a Merchant Services Account.

About the Author: Shane Penrod is the founder of
http://www.merchant-account-quotes.com Specializing in allowing
merchants the ability to shop and compare multiple quotes from
national merchant account providers. For free quotes on
merchant account rates and fees, please go to
http://www.merchant-account-quotes.com

Source: http://www.isnare.com