Frequently Asked Questions
What is a merchant account?
A merchant account gives your business the ability to accept credit and debit cards as payment in person, over the telephone, by mail order or over the Internet.
Why would I want to accept credit/debit cards?
National statistics indicate that a merchant that accepts credit cards will see a 29% increase in sales volume.
How do I establish a merchant account?
It's easy to establish a merchant account with Merchant Payment Services. You can begin the process by clicking here or by dialing 866-239-2541.
What cards will I be able to accept?
You will be able to accept Visa, Mastercard, Discover, American Express and Diners Club/Carte Blanche.
What about Checks?
We have programs that will give you the ability to accept checks in a retail environment, over the phone or online.
What is a discount rate?
The discount rate is a small percentage of your gross sales.
What is a transaction fee?
A transaction fee is the fee you pay every time a transaction is processed.
Will I be able to process credit cards on my website?
Yes, Merchant Payment Services offers a wide variety of processing options including web sales.
How do I get my money from my transactions?
Funds are directly deposited into a checking or savings account of your choice, within 48 business hours.
| Frequently Asked Questions |
