A merchant account is a special type of bank account into which the proceeds of credit card transactions and debit card transactions can be deposited. This money can then be transferred from a merchant account into an ordinary bank account. Thus, having a merchant account enables a business to accept credit cards for purchases.
An internet merchant account is any merchant account that has been configured to accept deposit of the proceeds of credit card transactions that are conducted on via the Internet.
Setting up one of these merchant accounts can be one of the best decisions that you can make for your business. Studies have found that accepting credit cards increases revenues by up to 500% or more. As your small business grows, you can consider an internet merchant account so you can accept credit and debit card payments from your customers online.
What Requirements Should I Meet to Set Up an Internet Merchant Account?
To sign up, you will need to provide some general information about your company. You will also have to have a business bank account into which you can transfer funds from your merchant account.
There are many benefits to choosing an internet merchant account. These accounts will provide you with a way to work with your customers rather than asking them to use cash or checks, which can be completely impractical online. Choose a merchant account provider that has a good reputation and provides free customer service 24 hours a day, 365 days a year. Also make sure that your merchant account provider provides low cost assurance, so you can know that you are getting the best deal.
To find out more information about internet merchant accounts or to sign up for a merchant account now, you can visit Charge.com or call (888) 924 2743. No matter what you sell or how you sell it, Charge.com can help your business succeed and grow.