Benefits Of A Free Merchant Account
A free merchant account is the ideal choice for businesses
. Here is a list of its benefits that you need to know.
Benefits of a free merchant account include less to zero setup fee, hassle free application, open to all types of business, accepts any type of credit cards, welcomes international customers, allows business to open for 24 hours, increases sales, low to zero monthly fees, and it has secure and reliable services.
Many businesses nowadays are into accepting credit or debit cards especially when it undoubtedly has huge benefits to the business and to the customers and it also has become one of the most common forms of payment.
People have found out that setting up a merchant account through your local account providers is a bit costly and with little chances of approval , especially to new and small businesses. That is why more and more credit card processing companies today are offering what they call free merchant account that all business owners can practically acquire. It doesnt mean, though, that it is free literally. But, it has a number of great benefits and they are the following:
Less or zero set up fee
Setting up a merchant account may cost a bit and it would be hard for new, small and thriving businesses to have one. A free merchant account may be the right solution for them because setting up a free merchant account is very affordable and some providers may even give you that for free.
Hassle free application
In setting up a merchant account, applicants usually worry about lots of requirement. But, in a free merchant account, the merchant need not worry about them. Free merchant account usually has hassle free applications with an average of 98% approval rate. So, any business will most likely have bigger chances of having one.
Open to all types of business
A free merchant account is open to any type of business. It could be small or large, low risk or high risk.
It may be impossible for some merchant account providers to give you a merchant account due to the nature and classification of your business. But in a free merchant account, rules are more relaxed and more flexible to any business.
Accepts any type of major credit cards
With a free merchant account, your business can process any type of credit cards. Thus, your business will become more flexible in terms of your customers payment options.
Welcomes international customers
A free merchant account is accessible even through the Internet. Your business can gain even international customers. And, if they are interested in your products or services, they can avail them whenever or wherever they are.
Allows business to open for 24 hours
A free merchant account permits you to do business round the clock. Because with a free merchant account there is less supervision and less paper works.
Increases sales
Due to the fact that having a free merchant account allows your business to accept credit cards as payments, more and more customers undoubtedly will be more attracted to your business because of the convenience that you give them when paying. The more customers you have, the more sales and profit you will gain.
Low to zero monthly fees
Free merchant account providers offer very low rates including monthly fees. This is to lure more merchants to sign up with them. At the same time, great news to those who want to have a merchant account.
Secure and reliable services
Free merchant accounts are legitimate and transactions made by them are well secured.
by: Pie Padron
Don't Spend Your Lifetime Paying Off A Credit Card Bill How To Find The Best Debt Elimination Companies Advantage Of A Merchant Account To A Small Ecommerce Business Consumer Credit Reports - Facts And Facts Credit Report Online Equifax: Avail Your Credit History Through Hassle Free Process Want To Settle Your Credit Card Debts? How Important is Good Credit Score Enjoy Holidays Despite The Credit Crunch Credit Debt Elimination Tenant Credit Checking – What a Landlord Should Do Before Property Leasing Maintaining A Good Credit Standing During A Crisis Credit Reports - Keeping The Facts Straight Zero Interest Credit Cards: Windfall Or Risk?