Choosing a merchant service provider
All small businesses need to have some type of credit and debit card processing. If you’re in the market for a merchant service provider, you may find the search process to be overwhelming. But, ultimately, your decision should be based upon your customers’ preferences and your pocketbook.
Merchant service providers offer services that enable your business to process credit and debit card payments from your customers. Think of them as the “middleman” between your bank account and that of your customer. They facilitate the transfer of funds between the two accounts.
The type of merchant service provider that is best for your business depends upon your specific situation. Many of today’s merchants are conducting their business online so it is vital that they have a stable and secure payment gateway in today’s world of increased electronic theft and credit card fraud. If you’re a brick and mortar retailer, you’re going to want to consider the type and quality of hardware including POS terminals, credit card swipers and PIN Pads that a merchant service provider has to offer.
Merchants Bancard Network, the leader in secure, completely in-house payment solutions, is committed to providing your business with the most secure payment gateways in the industry. MBN has been servicing businesses in the credit card processing industry for over 20 years. With MBN, you get the services of a company that listens to your specific needs and provides the expertise and reliability to help you get the job done.
Customers can be assured that MBN offers the most up-to-date technologies available. They offer new and used POS equipment and peripherals from all of the major manufacturers. The payment solution account specialists at Merchants can help you choose the perfect equipment and benefits for your customers.
Rates the fit your business needs
Another consideration when selecting a merchant service provider are the fees and monthly costs involved for setting up your merchant account. The fees that a provider charges are based on the volume of transactions and the total amount of revenue that is generated as well as the type of credit cards you take.
Rates can vary depending on whether you are going to process payment through an online shopping cart, at a brick and mortar location, over the phone, or a combination of all three. When comparing fees and rates between providers, make sure that you ask questions about installation, programming and annual fees. Will you need to sign a lease or contract? Are there cancellation fees? Are their fees and rate policies easy to understand?
Apply for an account that can grow with your business
If it’s time for you to choose an merchant service company, let MBN help you to set up your new merchant account with incredible rates. They are committed to making your business grow by offering a full line of products with the best pricing in the industry. You can depend on the knowledgeable customer service staff at MBN to answer all questions and help resolve any problems that should arise.
MBN has its own secure, cloud-based credit card processing network so you’ll never have to worry about customer data protection. No third party vendors are involved so you can be assured of maximum data protection. Apply online or call to sign up for your new merchant account.