Business & Finance Credit

Accept credit cards and increase your sales

Most of those who are running small businesses are afraid of dealing with credit cards. They have the misconception that if they accept credit cards payment then they will pay a lot of money to the processor company and not to mention the setup fees, the equipments and the installation and maintenance fees.

Now the market is completely different from before. In the past years, retailers had to pay a lot in order to be able to accept credit cards but today they are able to accept these cards without paying a fortune. The process is divided into some steps; the first step is to choose a company to work as your credit card processor. The perfect choice would be the company that has a strong customer service and perfect technical support. You also need to set up a merchant account and you need to check the transaction fees you will be paying when you accept credit cards.

It is not a complicated process at all but you need to go through it one by one and it will be done before you know it. The key in this process is to choose the right company.

Let me give you an example, if you choose a company like MerchantVIP. When you use the merchant services of this company you will accept credit cards after one day only. This company has a perfect help desk that is working on 24 hour basis so you do not need to wait until tomorrow in order to speak to an agent but you can call them once you need to solve a customer's problem. The technical support is superb, they take care of the equipments very quickly and they will do their best to keep it up and running in no time.

When it comes to setting up your merchant account, you will be able to get yours for free and within 24 hours, they really have a very quick approval rate. The merchant account is your funnel to collect the sales money so you need to keep it with a good company that can process the transactions quickly so the money appears in your account instantly.

After that the only thing that you need to take care of is to know how much you will pay when you accept credit cards because there is a transaction fee associated with every credit card payment but this fee changes from one company to another. MerchantVIP is offering the lowest rates in the market and they even eliminated the monthly statement fee so you do not need to pay anything for it and on top of that you will receive your monthly statement online and this means that you can access it at real time without waiting till the end of the month.

When you start to accept credit cards, make sure that your terminal is working right and you are sending the batches every 24 hours in order to get the lowest rate ever.



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