A Merchant account is a service that is required for any business to accept credit and debit cards from their customers. With this service credit card transactions are sent electronically to merchant processing banks for authorization, capture and deposit.
Various methods exist for presenting a credit card sale to the processor. In all circumstances either the entire magnetic stripe is read by a swipe through a credit card terminal/reader or the credit card information is manually entered into a credit card terminal, a computer or website. There are also credit cards that have built-in sim chips so that the merchants can now process by just bringing the cards close to or inserting them into the EMV compliant contactless equipment. Commerce Technologies will help you get set up quickly and securely regardless of how you want to accept payments. You can now accept Visa, Master, Discover, Amex, JCB, Diners Club, Carte Blanche, China UnionPay, DinaCard and PayPal Transactions and review all these transactions in one easy monthly statement. You can also accept NFC payments via a merchant account, which is a way of paying for goods and services with your smartphone or other NFC-enabled device, such as Apple Pay, Android Pay, Samsung Pay etc.
•Boost Sales and improve customer satisfaction by allowing customers to choose their preferred form of payment
•Increase average sale since the customer does not need to have cash on him
•Protect the business from potential losses due to accepting bad checks
•Avoid the risk and inconvenience of having large amounts of cash
•Accept payments from virtually anyone, anywhere
Sign up for Merchant Account, Payment Gateway, Check, Business Funding, and Payroll services through our Online Merchant Application.
