Shopping for a merchant account provider is like shopping for a car: it helps to know which questions to ask.

1. How to Shop for
a Mer chant
Account
Presented by Velocity Merchant
Services

2. How to Shop for a
Merchant Account
Shopping for a merchant account provider is like shopping for a
car: it helps to know which questions to ask. Here are several
useful questions to keep in mind when speaking with a merchant
account provider sales representative:
1. How long has the company been in business?
2. Do you have a list of references?
3. Are you a tiered pricing or cost plus account provider?
4. I already have my own terminal. Can I use it?
5. Does your company outsource its support?
6. How soon will my credit card and debit card processing
equipment arrive?
7. How quickly will funds reach my account?

3. How to Shop for a
Merchant Account
In addition, it is important to let merchant
account providers know what type of
credit card transactions you expect to
conduct. Different types of accounts
charge different rates depending upon
the types of transactions involved.

4. How to Shop for a
Merchant Account
Lastly, make sure to price-shop among
companies, and, when doing so, be
certain that the merchant account
providers disclose all fees and rates. This
way, you can ensure a fair price
comparison.

5. About Velocity
Merchant Services
Dedicated to offering the lowest rates in
the industry, Velocity Merchant Services
has provided credit card and debit card
processing services to more than 50,000
merchants in its 14 years of operation.