When getting set-up to accept card payments you will need a merchant account. A Merchant account is like a bank account used exclusively for card transaction payments. When choosing to accept card payments you will need this merchant account to receive your funds. This can be arranged through your merchant services provider, who normally will also provide you with the technology you may need to accept card payments.
When a customer wishes to pay via card, and the transaction is approved, the funds are transferred to your merchant account. The merchant account provider usually charges a percentage per transaction and will also have a standard set-up fee along with a monthly fee. One thing to look out for when signing up with a merchant account provider is to check whether they tie you into a long contract. You will also need to find out about how secure your provider is, and should to become PCI compliant in order to accept card transactions into your merchant account with minimal risk of fraud.
|Merchant Accounts |
- Low Set-Up Cost
- Highly Competitive Fees
- Simple Sign-Up Process
|Merchant Services |
- Chip & PIN Terminals
- Online Payment Processing
- Mail & Phone Payments
At CardSave we offer competitive fees and one year rolling contracts to make accepting cards easy. CardSave also provide assistance in becoming PCI compliant and provide you with a personal account assistant to help you with anything to do with your merchant account. CardSave also have a customer service helpline based in the UK ready to assist you 7 days a week. These are just some of the benefits of having your mercvhant account with CardSave.
When you set-up your merchant account with CardSave your will also have access to a wide range of member benefits including discounts off a wide range of business services. CardSave offer more by giving you the chance to take advantage of a wide range of extra services.
To find out more about merchant accounts and get set up speak to one of our payment specialists today!