How to Find Affordable Merchant Services

It’s difficult to find an affordable and reliable merchant services provider. Most companies have high rates to begin with, but add hidden fees and unreasonable costs and it really becomes expensive. So how does a small business owner process debit and credit card payments without losing money in the process? Here are a few tips on how to find affordable merchant services.

Don’t pay to submit an application. You can save a lot of money by doing your homework before submitting an application. Many companies charge hundreds of dollars to simply review your application. Instead, find a merchant account provider that will review your application at no cost to you. Even better, find a website through which you can submit your application online for fast and easy processing.

Don’t pay to open a merchant account. You shouldn’t have to pay to open a merchant account. Also called a setup fee, opening a merchant account should be free of charge. You should also have the freedom to cancel your account at any time without being penalized with yet another fee. Find a merchant account provider that promises no setup fee and no cancellation fee.

Look for free products, tools, and services. In addition to waving the application fee, setup fee, and cancellation fee, many merchant account providers offer complimentary produces and services such as a free ecommerce shopping cart, free search engine submission, and free payment gateway software.

This blog is sponsored by Charge.com Payment Solutions, Inc., a provider of affordable merchant accounts for all types of businesses.