It is important that you get a quote of rates and fees from more than one company. This way you can determine which Merchant Account Provider is best for you.

Some tips to help you decide between similar quotes. If your average dollar amount transaction is lower, you might want to go with the provider who offers the lower transaction fee. This will keep you from paying larger percentages of each of your purchase. Fore example $0.25 transaction fee for a $2 sale is 12.5%. By keeping this lower, you will increase your bottom line. If your average dollar amount transaction is high, you will want to go with the one who offers a lower discount rate. The larger the transaction, the larger the percentage difference is.

You will want to figure in all the rates and fees when considering a Provider. Sometimes just because some fees are lower, doesn’t mean that overall that provider will be. The monthly fees and batch fees can make a difference in the total fees you pay for processing.

To get quotes from up to 7 Merchant Account Providers, fill out the form on this site. We will take all your information and match you to the best Providers. Then you can get the best offers for your credit or debit card accepting needs.

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