I just started my internet business and am accepting payments through paypal, but I need more features than paypal can provide me with, like one time offers and such, so I will need to get a merchant account and start accepting payments that way.
Can anyone help me find out more about how to choose one?
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Hi.
Choosing a credit card processor requires a little bit of research that you can do online for free. I’ve been there so I know what you are going through.
I started with paypal too but quickly realized that I needed more features. That’s when I decided to open a merchant account and accept credit cards through a payment gateway.
During my research, I came across http://www.electronictransferservice.com and was able to learn so much about merchant account and credit card processing. I was even able to call them up and talk to a live person.
Now I’m not recommending you sign up with them, but the information on their site is definitely worth reading over, especially their FAQ page.
For example, one of the biggest things you need to keep in mind when picking a credit card processor are the fees.
You have to watch out as some companies have hidden fees and they can add up pretty quickly.
And that’s just one of the things, there are many more details that you’ll have to learn about.
I actually went with another company but the information I learned prior to choosing one proved to be very valuable.
Hope that helps point you in the right direction.
Good luck!