You may find it complicated to choose the best merchant services provider when searching for the right option for your small business. Most companies offer a whole collection of credit card processing tools like virtual terminals, credit card machines, credit card readers, and more.
Usually, business owners focus on the simplicity of integration and speed when choosing a merchant services provider. However, speed and simplicity cannot be the only factors to take into account. Here are 4 key factors to focus on when selecting the best option for your company:
- Processing and setup fees
- The minimum for monthly processing
- Costs associated with equipment purchases
- Business credit reporting
In the modern world of business, you cannot do without accepting credit cards from your customers. For this, you should set up a merchant account so to be able to accept credit cards, receive money and generate cash.
To make everything less challenging for you, don’t fail to pay attention to costs associated with credit cards beforehand. The best merchant services providers offer low processing fees, minimal costs and no monthly minimums.
Don’t forget about the costs associated with the equipment. Does your potential merchant processing company provide the equipment you need? If yes, what are the costs?
To open a secure and reliable merchant account for your business, consider turning to a reputable payment processor like emerchantbroker.com. EMB is voted the #1 high risk processor in the US and has an A+ rating with the BBB. EMB is rated “A” by Card Payment Options and is one of Inc 500’s Fastest Growing Companies of 2016.
- Approvals within 24/48 hours
- High risk rates as low as 2.99%
- High risk account specialists
- No application fees
- No setup fees
- No annual fees
- No gimmicks
- Chargeback protection and prevention services
The best merchant services companies report your company’s payment history to major business credit card reporting agencies like Dun and Bradstreet. So take time to find the right company that provides low processing fees, no equipment purchase costs, no monthly minimum, and business credit reporting