NBS Agents >> Merchant Account Agent and ISO Programs

What do United Merchant Service do?

admin — Sun, 07 Mar 2010 03:52:52 +0000

If you have a registered business and wish to accept credit cards (Visa, MasterCard, etc.) you need to contact companies like them to establish the merchant account with a bank for you. They also typically provide the software or credit card machine necessary to process the credit cards at your location or through your website.

What’s difference between merchant account and affiliate account?

admin — Fri, 05 Mar 2010 01:57:16 +0000

Hi. What’s difference between merchant account and affiliate account in an affiliate program?

Can you describe each one? Thanks.

On a directory like Clickbank, a merchant account is held by the person who provides the product, like an eBook. And the Affiliate is the person who promotes the sale of that same eBook (or any other product) through Adwords, blogs, articles, etc.

How to choose merchant services provider?

admin — Fri, 05 Mar 2010 01:57:04 +0000

I am planning on starting my own business and operating a kiosk at a mall setting. This is my first time starting a business and would like to know how to choose a merchant services provider so that i can accept credit/debit cards at my business. Any help is appreciated.

Normally your bank can with your corporate account. Bank of America charges a transaction fee of over 2.48 %+ on all transactions. Depending on what your business is, you may wish to visit http://ishopbuz.com, and click through Maverick Money Makers and LinkShare where you will have access to over 5000 fine merchants to sell products for: while earning commissions from sales generated from your business and/or Web site. You may also go to http://www.CCR.gov and register your company as a contractor (no charge) where government employees can make purchases from small businesses under $100,000., and, $5,000. (without having to have a requisition with their government credit cards online), which is accessed through your business phone/DSL line. FirstData.com may also assist you. I hope this helps you.

Does anyone know anything about getting out of merchant svcs lease for credit card processing? ?r=1254849176?

admin — Fri, 05 Mar 2010 01:56:48 +0000

Opened account in July, small arts/crafts shows, have aquired more fees than agreed to. Terrible cust svc, want to send back & cancel lease. Co said "is NON-CANCELLABLE". 2 banks say "you can always get out of a lease" but didn’t offer guidelines. No $ for lawyer. Help

If you can prove that they are charging you something that you did not agree to then that would be a breech of contract on their part. Now if you do your research and find that they are not in the wrong then it will be hard for you to get out of the contract.

So I would suggest that you look at your contract very carefully and find their screw ups because they can’t refute those. The reason this process is so difficult is because when you give them the information about how much you make in sales and you sign that contract, you are guaranteeing that they will make a certain amount of money off of you.

And they are going to do what they have to, to get that money. Sorry you are going through this and I hope this helps.

What is the best merchant processing solution?

admin — Mon, 01 Mar 2010 04:57:49 +0000

If you want to take credit card orders (or pre-orders), what is the best merchant processing solution?
I’ve heard the PayPal and Google Checkout will freeze your funds if even a single person complains about your service to them.

Hi I am new here and I am starting with your answerer. If you don’t care about the customer leaving your site:
Amazon Payments (underrated in my opinion)
PayPal
Google Checkout
If you need to seamlessly integrate a payment form in your site:
-PayPal Payments Pro ($30/month for a virtual terminal and API integration, no contracts, 2.9% transaction, it’s really hard to find a merchant company that can beat this unless you’re talking in volumes).
-Authorize.net coupled with the merchant company of your choice.
When evaluating a merchant company, beware of contract stipulations, transaction fees, and monthly fees. My first provider was Cardservice International (one of the largest) and I used LinkPoint for the online gateway. I was paying $60-80/month just for the service! (transaction fees excluded) AND I was locked in a 2-year contract with an insanely high cancellation fee. One of their fees was a mandatory $20 "customer service fee" for access to their 24/7 customer service team. (WTF?)
Just be careful when evaluating merchant companies. Try starting at your bank (as long as it’s not Chase, BoA, or Wells Fargo). Generally, local community banks or credit unions will have fair pricing and good customer service for merchants.

Who has the very best rates on Merchant Processing?

admin — Mon, 01 Mar 2010 04:57:15 +0000

Very best rates on all type of cards – Reward, mid-qualified, and corporate? PNC, Costco any others?

Costco. Check them out at http://www.elavon.com/acquiring/costco/

How can I improve my merchant website’s visibility?

admin — Tue, 23 Feb 2010 06:55:35 +0000

I have a merchant website and a credit card processing service. However, online sales are not coming as I expected. How can I improve my merchant website’s visibility?

Are you sure you have good products ( if you are dealing with product items) or excellent type of service (if you are into services)? You see, people will generally flock to merchant websites which sell hot commodities.
Be sure you deal only with saleable product items.
Also, try to improve on your marketing strategies. You should inform people about your merchant website. There are many ways to improve your website visibility on the Net.
If you want to know more, just visit the link below.

Merchant charged different than I signed for on my Credit card slip at POS.?

admin — Wed, 17 Feb 2010 08:51:14 +0000

How can a merchant give me a slip to sign for one amount, I don’t include a tip on the charge, but the point of service swipe on my card is for the purchase PLUS the tip? Again, this was done at point of service, not after the fact. (NOTE: This was corrected when VISA received the signed slip)

next time you draw a neat line in the Tips field and confirm by rewriting the Total amount at the bottom of the slip.
If you just sign and leave the fields blank is like signing a blank cheque.

It doesnt matter if you left tips separately, the credit card payment in restaurants and services like Blue Van supershuttle allows for a tip to be added every time a c/card is used. It is up to you to protect your own S by drawing the —-across line on the Tips field and rewriting clearly the total amount at the bottom.
If your tip was not appropriate or you were a pain in the S or left no tips the waiters will take care of you

Processing , pre authorizations and a force with credit card merchant transactions?

admin — Mon, 15 Feb 2010 12:16:14 +0000

I have a question about how POS or point of sale applications work.
I would do a pre authorization of a customers card and give it to them to add a tip to it.
Then I process it again as a credit card transaction so that it now includes the tip.
Then I do the force at the end of the day to drop the preauthorization?
Is that the normal way it works.

The pre-auth converts to a sale when you finalize the transaction

What are the steps to transfer a regular website to an ecommerce site?

admin — Mon, 08 Feb 2010 14:10:27 +0000

Hi,
I have a website hosted and working that I would like to transfer into an ecommerce site.

The site is www.tattecookies.com, I would like to keep the same css (same look and feel) when someone will buy via the internet.

What are the steps I need to do in order to achieve something like that (creating an ecommerce site from the one I already have)?

What are the cost associated with it? Can I keep my merchant cc processing company? what other cost will I have to set it up and maintain it?

I am new to the ecommerce site, so any insight would help.

Thank you

Your website is using Windows based CMS(contents management system). Contact your web designer and ask him what it is. And find out if this CMS has ecommerce plugin or component.