Monday, April 26, 2010

Compare Credit Card Merchant Accounts - Costs to Evaluate on Your Merchant Account

Compare Credit Card Merchant Accounts

Compare Credit Card Merchant Accounts - Of course, cost is going to be your biggest concern in choosing a merchant account, so read on to learn how to evaluate the various expenses associated with an account.

The first expenses you might face are application fees, which are few and far between in the industry these days. Quality vendors will typically offer a free application to online customers.

Next, you might have to pay set-up fees, which may also be waived depending on your vendor. The set-up fees cover the vendor's expenses for creating and networking your account.

Finally, the recurring fees you will face involve swipe fees and per-transaction fees. Usually, one of these fees is a flat fee that occurs every time you run a credit card, and the other is a percentage of the total transaction.


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