Merchant Services

Make it easier for your customers to do business with you

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Merchant services providers allow businesses to accept credit, debit cards and other forms of payment online, through a payment card reader, or a point of sale.

Merchant services are the hardware and software solutions that enable your transactions.

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What is the importance of a merchant's services?

Virtual terminals:

These are software solutions delivered over the cloud. Often, they can turn iPads, tablets, or computers into portable point of sale systems. You can enter transactions into the system manually, or use a USB connected card-reader.

Online shopping carts:

Merchant service providers and payment service providers can help with your shopping cart software too. Most of the time, your eCommerce site building tool will be the best place to go for shopping cart software.

Merchant cash advances:

If you need extra money to launch your business, then a merchant service provider can sometimes give you access to extra cash. In return, you might give a portion of your earnings back to the company that you borrow from until you repay what you owe.

The Benefits of a Merchant Account

Improve cash flow

Accept Credit Cards

Increase Sales

Better Money Management

Avoid Bad Checks

Customer Convenience

A merchant service is a special type of business bank account that allows you to securely accept credit, debit, and other electronic payments within your organization.

Merchant services process:

Customer

The cardholder initiates a purchase

Merchant

Credit card information and request authorization

Payment gateway

Information to the process

Processor

Submit the authorization request to the card network

Card network

Submit the authorization request to the card issuer.

Customer

The cardholder initiates a purchase

Merchant

Credit card information and request authorization

Payment gateway

Information to the process

Processor

Submit the authorization request to the card network

Card network

Submit the authorization request to the card issuer.

How payment gateways work

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Customers pay via the website or app.

Payment details securely via payment gateway.

Payment

Merchant account processes payment details

Customer notified if payment is successful

Funds paid out to merchant minus fees

Receive online payments, increase revenue, gain customer satisfaction.

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