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How To Get An Inexpensive Merchant Account

Third Party Merchant Accounts

If you are looking forward to selling products or services through your website then there are a number of things that you should know in how you can collect the money like a merchant from your customers.

If you choose to set a merchant account then it will involve high set up fees which would also include monthly minimum sales volume and credit checks. However, there are a number of ways you can easily implement e-commerce right on your website.

Easily Accept Online Payments

Online accepting of credit card with other methods of online payment for your internet based business is a very important factor for the success of your business. If any of your customer need to send you money order through a mail then your sales will suffer because most of the people will not want to send money orders through mails basically because it a very slow process.

They would have to wait until you receive the check and the payments and would also have to wait for the package to be sent by you. However the most difficult task in setting up an e-commerce online website is to find a reliable and trustworthy ecommerce service which will let you accept online payment through credit cards and without many problems.

If you are just a beginner in online business then you might just not want the hassle of getting a merchant account for your small business. There are a number of options available for you at this stage and one of the best options is getting a third party merchant account.

Third Party Merchant Accounts

Rather than getting your own merchant account you can instead search for a reliable company which will charge you a small percentage of your sales when the company would process credit cards for your small business. You can choose from some of the most popular and reliable third party merchant accounts.
  • Clickbank: The click bank is a third party account that is excellent for digital products. They basically payout after every two weeks but the check should be more than $25. There is an excellent fraud protection with comparatively easy set up links.
  • CCBill: The CCBill is also a third party merchant account where you can get payouts every seven days. They also have easy installation option for NT and UNIX servers and also include a renowned affiliate program like banner rotation programs and click-thru programs. With CCBill you can avail one time and recurring billing that is around 5 percent reverse that is nearly for 26 weeks.
  • 2CheckOut: Through this third party merchant account there are direct deposits of funds if you have a US business account without any software or any equipment. There are recurring billing options offered which also includes the shopping cart integration.
  • PayPal: This is basically a service that lets people receive and also sent money very safely. It lets you and your customers to switch money with the neutral source. This also makes a great third party merchant account with just a sign up with the website.


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What is inexpensive?!

An inexpensive merchant account is...
  • Not bigger than you are.
If you are small, you don't need all the bells and whistles. Online only? You may not even need a merchant account of your own yet!
  • Competitively priced.
Why not just the cheapest? Fees matter, of course, but remember a bad provider can be the most expensive of all if it ties up your funds, has poor products and support, or goes out of business.
  • Well-known and respected.
See above. Charge.com has been around since 1996 and received a number of accolades.
  • Free to apply for and setup.
This industry is too competitive to require application fees.

Competitive pricing:*

internet/mail/phone
2.25% discount rate
25 cent transaction fee
Retail (face-to-face)
1.85% discount rate
25 cent transaction fee
Gateway fee
$17 month
Statement/service fee
$10 month

If you are considering several merchant accounts and the prices are in this range, stop using price to compare. It's time to compare service, support, features, etc. Look beyond price.

*These rates are taken from Charge.com.


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down7media




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