What Is a Merchant Account and Why Do You Need One

With the decline in people carrying cash on a daily basis, it is important to keep up with the times. To do that you need to be able to accept credit and debit cards. To accept these cards you will need a merchant account.

With a merchant account you are able to accept payment via Visa, MasterCard, Discover, American Express, Diners Club, JCB, and all major Debit Networks. This gives you the opportunity to sell your items to customers that might not have cash on demand or checks.

You also eliminate the clearing time on checks and the need for large bank deposits.

A merchant account is easy to set up and requires completion of an application and verification of information provided. Most merchant services providers will require a copy of business or professional license, voided check, and copy of driver’s license. Depending on the risk associated with your business type or the volume being processed additional items may be requested. Most merchant accounts will take 24-48 hours to set up and require some sort of equipment, point-of-sale system or gateway.

At BankCard Central we assure you that we will help you choose the right solution that will be most effective, efficient and economical for you. We guarantee upfront pricing with no additional hidden fees.

For more information please contact the sales department at 800-745-7220.