0
Yes. Like any other ongoing service you choose to purchase or accept, you will be required to sign the provider's standard written contract.
These merchant account contracts are usually quite complex and difficult for the business newbie to understand.
A couple of things to be aware of:
First, many credit card processors will insert in their contract a provision whereby if you later want to terminate the service (even if you are closing your business), you will have to pay them a termination fee. Try to avoid processors who insist on a termination fee.
Second, be sure to review the contract and ask the sales rep to disclose all the various fees you will be paying for your processing. A good discussion of those fees can be found at the Merchant Account Explorer website (see the link below).
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
When might one pay a credit card processing fee?
In order to obtain a credit card one must pay a credit card processing fee. A credit card processing fee is the amount in which is due at the time of purchasing ones credit card.
Which banks in the UK offer free credit card processing?
I think there are no banks in UK which offer free credit card processing but one can find it online at eway. Eway offers secure credit card processing 24/7.
Where can one find information about high risk credit card processing?
High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.
What credit card processing companies are out there?
Credit card processing companies include iPayment, Square, and Intuit Payment Solutions. They are companies that will allow you to take credit cards for your business.
Where can one find instant credit card processing companies?
Someone can find instant credit card processing companies by visiting their local bank branches. Each bank can perform instant credit card processing procedures for approved individuals and businesses.
Is it possible to get a discount for credit card processing?
Yes it possible to get a discount for credit card processing at many places. Many companies are giving discount for credit card processing online, but many companies charge more for credit card processing.
When might one pay a credit card processing fee?
In order to obtain a credit card one must pay a credit card processing fee. A credit card processing fee is the amount in which is due at the time of purchasing ones credit card.
Do I need a software program for credit card processing?
Credit card processing software is not required, but it is a cost-effective way to accept credit card payments. VeriFone is a popular, low cost credit card processing software.
How does web credit card processing work?
Credit card processing works on webpages when buying something. The credit card makes the order, it is processed through the card company and seller's webpage.
If you buy goods on line with credit card and do not receive the goods will credit card company reimburse you?
Word Processing ?Word Processing ?
What kind background check a bank will do for the credit card processing?
A credit score check will be run for the credit card processing. you can read more about it at ww.creditcardprocessingsource.com/glossary.php
Where is a credit card processing company in Puyallup, WA?
There are credit card processing companies in Puyallup, WA where services range from simple to complex credit card processing. These card processing services can be simple for the average consumer, or a bit more complex for business that are looking for a company to handle their corporate accounts.
What companies in the US specialize in credit card merchant processing?
Some American-owned companies specializing in credit card merchant processing include American Credit Card Processing Corporation, Clearant, Manta and Commerce Payment Systems.
Which banks in the UK offer free credit card processing?
I think there are no banks in UK which offer free credit card processing but one can find it online at eway. Eway offers secure credit card processing 24/7.
Where can one find information about high risk credit card processing?
High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.
Where may an individual find information about credit card processing rates?
Credit card processing rates are provided by the credit company a business owner chooses to use for credit and debit card transactions and are made available by the provider.
What credit card processing companies are out there?
Credit card processing companies include iPayment, Square, and Intuit Payment Solutions. They are companies that will allow you to take credit cards for your business.
