How To Accept Credit Card Sales by:Shane Penrod
No matter how long you've been in business
, you may not be sure about how to accept credit card sales from your clients. Perhaps you long to start processing credit payments so you can increase the amount of your sales revenue or offer your clients more payment transactions. Maybe you're just tired of chasing bad checks or waiting for monthly payments on client accounts. If you're ready to add credit card processing to your line of customer services, a merchant services account may be just what you need.A merchant account associate can show you how to accept credit card sales by using the right type of processing equipment. By signing up for a merchant account, you will soon find out if you're approved, and upon approval, you can start using your account to implement a credit processing system for just about any type of business you're in. A simple credit card terminal equipped with a printer can be plugged into an outlet at your store or shop to let your customers quickly swipe credit cards for easy payments on the purchases they make. Your merchant account underwriter will charge a certain amount for each transaction, or you might be able to opt for a low percentage rate on your monthly credit payment volume. If you're in a window washing or another service business, or if you deliver items like baked goodies, you can lease or buy a wireless credit card processor to take with you in your travels for point-of-sale credit card payments.
How soon can a merchant account let you know how to accept credit card sales? The first thing to do is find a bank or another financial backer who will provide this type of account for your business. Then apply for your company account by filling out an online application or by completing and mailing a printed form. Some banks may charge an application fee of $100 or more, so find out ahead of time if you will need to pay this fee, and if so, you might want to consider shopping for another account provider. Also check into the costs associated with a particular merchant account so you can find the best deal, as these can carry several types of fees, some of which may at first appear to be hidden. When your account is approved, you can immediately get set up with the right equipment to handle credit card payments, e-checks, and debit payments as well. You may even want to consider setting up a digital processing system so your customers can dial a toll-free number, browse products online or from a print catalogue they have already received, and punch in their orders as well as a credit card number and expiration date for payment. You don't even have to hire someone to staff the phone line, although it is probably a good idea to have someone available for a few hours during a typical business day.
Ask your bank or another financial lender to tell you more about the ways in which a merchant account can show you how to accept credit card sales.
About the author
Shane Penrod is the founder of http://www.Merchant-Account-Quotes.com Specializing in allowing merchants the ability to shop and compare multiple quotes from national merchant account providers. For free quotes on merchant account rates and fees, please go to http://www.merchant-account-quotes.com A Home Based Business Merchant Account Awaits You by:Shane Penrod Apply For A Free Merchant Account Online by:Shane Penrod Time To Open A Home Business Merchant Account? by:Shane Penrod Eight Secrets of Successful CEOs and Leaders Who Speak Well by:Suzanne Bates Instant Loans - De-Stressing Unexpected Financial Crisis by:Clarice Noelle The 5 Best Secrets For When You Absolutely Have To Make Your Fortune From Home by:Eileen Silva How to Get Paid by:Jane Hendry The Psychology of Markets by:Stephen George Whiteside Real Time Mortgage Leads by:Jay Conners Your Business or Your Life - Why Not Both? by:Mary Kay DuChene Cover Letters, Resumes and the Job HunterÂ…What's it All About? by:Heather Eagar Tips for Cover Letters to Get More Interviews by:Heather Eagar Tell Them in Writing "Thank You for Hiring Me!" by:Heather Eagar