NBS Agents >> Merchant Account Agent and ISO Programs

I need to start taking payments from my customers through credit card, but I’m not sure how this works. What will I need to start?

First, you will need a merchant account. I suggest learning all you can about them at http://www.merchantaccountbasics.com

You can get a merchant account through your local bank. They can also help you start taking payments. For a fast solution until you get all that setup, you can try using paypal or 2checkout.

I have taken on a new contract job that will require me to accept credit card payments online or over the phone. I absolutely -can not- afford to lose this job offer as I have already invested a lot of time and money in attaining it and preparing for it.

The developer I am working with had recommended ProPay as a merchant service because they base most of their instructions on the use of ProPay. I went ahead and made an account there, but when I went to process my first orders I had found that the service had been manually cut off. No direct reasons were given, but I suspect it is because someone went and ran a manual personal credit check on me.

I have a credit score of 600, due to a series of unfortunate events where my family decided to abuse my generosity. Of course, you can not explain this hard-lesson-learned to banks.

This said, does anyone have any suggestions for a merchant account service that I can use that will accept me without a credit check or with a score like mine?

It needs to be newbie-friendly, as I have never had to accept payments before or have an account. It also should allow me to send invoices and allow customers to pay directly online; there should not be a very low cap on the monthly transactions, because I do anticipate a large number of sales. I can pay for any fees, so long as they are not predatory and rediculous.

With your poor credit the only choice that meets your criteria is Paypal. They don’t do credit checks and have an easy interface to use. They also allow you to send invoices and receive payments online.

What is the easiest way to do credit card processing? Should I open my own merchant account? I’m starting a new business and will need to accept credit card payments.

Hi. I had the same problem when starting my business. What I did was use paypal until my business volume was high enough to open a merchant account.

If you follow the same steps, then I think you will find this site, http://www.merchantaccountbasics.com really helpful.

Now that I have a merchant account and can deposit payments into it, credit card processing is not as difficult as it may seem.

More and more people give their advices on products or merchant site regarding delivery or quality of the products.How can we trust these people ? Are they

real or just people paid by brands or merchant sites to give us good feedback ?

That is the question isn’t it. My answer is that you don’t know. You do not know the company, you do not know the person who rated the product or site.

If in doubt do your research, what some people call ‘do diligence’. If you want something bad enough you will search every avenue to find out if the product or company is worthy. Just like you ask your friends and family about the stuff they have that you might like. If you do your homework you are therefore taking a calculated risk. There is an old saying that is still true today "Only Fools Jump In".

I have been running a small business for nearly 20 years and my current bank has decided that they don’t want me as a customer. My current relationship includes the following products:
-Business Checking
-Merchant Services
-Business Credit Card
-Business Credit Line
-SBA Loan
-Home Mortgage
-2 Personal Checking Accounts
-2 Personal Savings Accounts

Ideally the bank I choose would be able to handle all of this.

Wells Fargo, B of A or USAA

I am currently starting up an internet business. I know that there are a lot of risks when working online, especially in the area of fraud and people using stolen CC details etc.

Due to these risks I am going to signup for a High Risk Merchant Account.

This will be more leniant in the way of chargebacks and my funds wont simply get frozen if I get a few chargebacks unlike banks within the UK where there are close to none High Risk Merchant Accounts.

Is it legal to have an offshore merchant account within tax laws and simply the case of having the account?

I don’t know this type of account but it is certainly lawful to have any type of account you want, wherever you want it. Any profits in that bank account need to be included in your business accounts for tax purposes, of course.

What is the best way to find entry level merchant marine work?

Start at the bottom and work your way up.