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Merchant Account Buyer's Guide

Make intelligent choices selecting the best Merchant Account Provider for your online business. Read this guide to help you save time and money.

Download your free copy! Just click on picture below!

 

 A Sneek Preview of the contents

TABLE OF CONTENTS

 

 

Foreword

 

About the Author

 

5

A word about our Joint Venture Partners

 

6

 

 

 

Introduction

 

 

Frank Merchant knows how to get the best price

 

7

The Internet Marketplace

 

9

 

 

 

Part I:  Understanding Merchant Accounts

 

Benefits of accepting credit cards

 

11

Disadvantages of accepting credit cards

 

12

Who are the players?  How does the money get in your bank account?

 

14

Credit card transactions Step By Step

 

15

Should I Go Visit My Banker For My Merchant Account?

 

17

How Can I Tell If I Will Get Good Customer Service

 

17

Be on the lookout for deceptive sales practices.  What are they?

 

19

How to avoid your money being held by your Merchant Account Provider

 

21

Banking terms you need to know

 

22

Benefits of debit as a payment option

 

25

What you need to know about leasing a credit card terminal

 

27

Fraud protection 101

 

30

 

 

 

Part II:   Four key components to 
conduct E-Commerce successfully

 

1.)Website

 

34

2.)Merchant Account

 

34

3.)Secure Payment Gateway / Payment Transaction Software

 

34

4.)Shopping cart and catalog

 

35

Gateway Primer

 

37

Should you use a third party processor like PayPal?

 

39

 

 

 

Part III:   Building a Risk Estimate Worksheet

 

Quick Summary of Costs

 

41

Detailed summary of setup fees, recurring fees, and risk assessment

 

41

Total Risk Estimate

 

43

 

 

 

Part IV:About Cardservice International

 

How Cardservice International works (An Agency’s perspective)

 

42

 

 

 

Appendix

 

A: Loss Prevention Tips: Are you being stung by “Non-Qual” fees?

 

49

B: Have you ever felt betrayed by your credit card processing company?

 

50

C: Your customer’s credit card numbers are at risk

 

53

D: PayPal: Concerns you should be aware of

 

54

E: Marketing 101: Gift and loyalty smart card technology

 

57

F:  What you need to know about check guarantee and check acceptance

 

59

G: How can you prevent credit card fraud?

 

61

H: How can you prevent identity theft?

 

63

I:  Total Risk Estimate Worksheet

 

64

J:  Merchant Account Comparison Worksheet (Your Decision Matrix)

 

67

 

 

 

Glossary

 

72

Merchant Account Buyers Guide

Learn all the following:

  • Avoid those hidden surprise fees on your monthly statement
     
  • Make sure your customers will be able to submit online orders to you with confidence.
     
  • Save weeks of valuable time searching for the best rates and service
  • Make sure orders are encrypted and screened for possible fraud
     
  •  
    Estimate the total costs as a percent of your monthly sales.

  • Save time with recurring orders

  • Know when you have a sales rep. you can trust
     
  • Avoid multi-year contract commitments
     
  • Find safe & reliable providers for gateway and internet accounts
     
  • This is the guide Merchant Account Providers DON’T want you to have
     
  • How do get your Merchant Account started right away
     
  • Avoid the 10 Costliest Chargebacks
     
  • Know your fees to the penny - customized to your business
     
  • Bonus: Includes the industry's only "Buying Criteria Analysis" spreadsheet