The Best Credit Card Processing Services
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Steve Woods | Dreamstime.com CREDIT: |
So your business is ready to start accepting credit cards. The problem is, you have no idea which credit card processing services company is best for you. There are many to choose from and figuring out which one will be most cost-effective can be almost impossible.
With so many credit card processing services now available, businesses should consider a number of factors – including cost, customer service, and internet-based features – before selecting one.
Our sister site, TopTenREVIEWS, has done extensive in-depth reviews of credit card processing services. The site also has a merchant processing services calculator to help you figure out exactly which merchant account service will be best for you. Here are their Top 3 recommendations for the best credit card processing services:
Flagship Merchant Services tops the rankings in part for its paperless application process, 98 percent approval rating and low fees. There are no start-up fees, with merchants receiving money from their sales two days after the transaction. Retailers have the choice between three different point of sale models for in-store locations. The company also offers month-to-month agreements, instead of the two- to three-year contract typical of most other credit card processing services.
Customer Service: All merchants are given a toll freenumber they can call 24/7 for technical support or general customer support.
Internet-Based Features: Offers a merchant account, a virtual terminal and a payment gateway through Authorize.net.
Costs: BusinessNewsDaily readers can get a free quote on Flagship's service by calling this number: (866) 522-3925. You can also check out the merchant services processing calculator.
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Merchant Warehouses earns it high ranking for its competitive transaction rates, low monthly fees, non-existent application costs and professional customer service. Merchant Warehouse's 99 percent approval rating of all its applicants is the highest in the industry. The company also scores high marks for having a competitive discount rate for internet-based businesses and averaging just 24 hours to approve and set up new accounts.
Customer Service: Merchants are instantly connected with one of the company's more than 900 sales representatives – not an answering service– who can answer all necessary questions.
Internet-Based Features: Offers a variety of choices with different gateways, including Authorize.net, LinkPoint, VeriSign Payflow link, VeriSign Payflow Pro, and the MerchantWARE Virtual Terminal.
Costs: You can also check out the merchant services processing calculator.
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National Bankcard earned TopTenREVIEWS' bronze award for its outstanding customer service reputation. Part of the appeal is that businesses aren't required to sign a two-year contract, as many credit card processors require. Other highlights of National Bankcard's services include a 99 percent approval rating, low rates, high security, a wide selection of equipment and great online features.
Customer Service: Support staff is available 24/7 to assist with things such as trouble with chargebacks, terminal procedures and software errors. Representatives can be reached through a toll free number or via email.
Internet-Based Features: Web-based services include virtual terminal, payment gateway and shopping cart. In addition, users have the ability to access their account at anytime to see balances, sales volume and charges they may have incurred.
Costs: You can also check out the merchant services processing calculator.
Need to accept mobile credit card payments? Visit TopTenREVIEWS mobile credit card processing review.