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How To Setup an Ecommerce Merchant Account

Posted in : online-forex.alivedownload.info

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  Sun, Sep 06 2009, 13:22

Getting setup to accept credit cards with a credit card merchant account is a relatively easy process and can be done without much hassle. I've put together this brief guide to introduce you to a few components of internet merchant account pricing and a couple of comparisons to Paypal which has a good service as well. Pricing merchant accounts starts with the discount rate. Everybody always asks for this rate when comparing merchant accounts. For internet based transactions, the discount rate will typically be about 2.1 to 2.5%. Paypal is a merchant account provider that charges a flat rate of about 3%. Even though this may seem to be easier to reconcile, it will ultimately cost most merchants more money simply because 80% or more of your transactions should go through at that lower qualified rate. Traditional merchant accounts have two other "buckets" into which they categorize transactions. One of these is called the mid-qualified which are typically the "rewards" cards... http://online-forex.alivedownload.info...

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