It is Easy To Set Up a Merchant Account!

It’s always a good idea to set up an independent merchant account in your business name or your DBA. It’s professional and more credible, and generally comes with better rates and superior customer service. Setting up the account is easy. The tricky part is selecting the right merchant processor. You want a company that has high security measures, a good track record, PCI compliance, and an easy customer interface.

Review your financial background

Your economic history does play a part in the payment processor that you select. If you have any skeletons like bankruptcy or a low credit score, then you want to find a processor that is okay with that. However, be careful that you’re dealing with a genuine processor rather than a shifty company out to take advantage of your disadvantage. If your potential processor says they accept bad credit and bankruptcy, do some extra checking to be sure they have a credible client list, industry recognition, and high levels of encryption.

Cost matters as well. Because you want to sign up with a payment processor that doesn’t put too big a dent in your pocket. This is crucial when you’re starting out, since many businesses can take time to break even let alone post a profit. So you want a payment partner that will save you as much money as possible.

Look into your payment processor before deciding

Sone payment processors are quite stringent in their requirements. They ask you to pay for application. This means before you even start using their service, you have to pay upfront, and your payment isn’t a guarantee that your application will be successful. It may be a good idea to find a processor that has no application fees.

It’s also a good idea to work with someone that offers some kind of low-price guarantee, because it means they are genuine, and that they believe in their service. To apply, you usually just need to fill out an application form.

Examine your payment processor (before you sign up) to see what is included with your account at no extra fee. You need a card reader or processing software, and a shopping cart if your company is online. Helpful extras include ACH acceptance, or same-day verification and approval.

For more information on setting up your payment processor, or setting up a merchant account, please call (888) 924-2743 or go to

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