Merchant Processing… Simplified Merchant Account Providers >> Retail Merchant Account, Online Merchant Accounts, High Risk and Cash Advance

How Recurring Billing Saves You Time and Effort

03.21.2010 · Posted in Recurring Billing

recurring-billingIn it’s simplest form, a recurring billing system automatically charges your customer’s credit card each and every month.

You can set it up to bill a customer indefinitely on a specific day of the month, or in 30 day increments.

You can set up your recurring billing system for payment plans as well, such as 3 pay, 5 pay, or 10 pay.

And any recurring billing worth it’s salt will allow you to control and modify a number of important billing parameters, such as:

  1. The date you charge your customer
  2. Different payment plans for price or the number of times to charge your customer
  3. 30 day, 60 day, 90 day or other payment intervals.

So how does it work?

How Recurring Billing Works

Well, it’s a virtual system. Meaning, the recurring billing system is part of a “virtual terminal” where you log into a secure site to charge and manage your customers.

As a virtual system, it means you don’t have any software to buy. Or computer headaches to manage. Or software upgrades to pay for down the road.

And as a virtual system, it means you can have someone manage the virtual terminal for you, handling issues like changes to credit card expiration dates.

So who is a good fit for this type of merchant account?

Typically business that bill clients a set amount each month, such as:

  1. Professional practices
  2. Alarm Service Companies
  3. Landscapers
  4. Internet Service Providers
  5. Web Hosting Companies

And the list goes on.

Whether you are just getting started, or you are simply looking for a better deal, now is a great time to…

Choose a New Merchant Account Provider

If so, there are a couple of ways you can get started.

You can get free merchant account quotes.  Compare for yourself the best deals by following the link and answering seven (7) simple questions today.

To get started with a new merchant account, simply follow the link and find your state.  Once there you can follow the directions to find qualified merchant service providers that can help you get set up starting today.

Comments?  Questions?  Other merchant account issue you’d like to share?

We do value your opinion, and would like to hear from you.  Kindly leave a comment for us and we’ll respond as soon as possible.

  • Share/Bookmark
Comments Off

Are You Searching for an Internet Merchant Account?

typingonkeyboardLately there have been a number of folks asking about how to set up an online merchant account.

And when you think of business trends today (ease of accepting payment and many retail locations supplementing sales online) this trend is sure to continue.

So the question remains… how do you set up an Internet Merchant Account?

Internet Merchant Account Quick Tip

There are two (2) parts to accepting credit cards online:

  1. Your “gateway
  2. Your merchant account

Think of it this way…

When you use your credit card in a retail store or restaurant, they either use a credit card terminal or POS system to process the transactions.

All of the functionality for connecting your credit card with their bank account takes place in the terminal or POS system.

Anyone who has purchased an existing business understands this point well… since the POS system or credit card terminal need to be reprogrammed.

But for online purchases, the “connection” between your customer’s credit card and your bank account is the “gateway.”

That’s the technical term.

Now, you can either link your merchant account to a shopping cart on your website, or use your “gateway” as a virtual terminal.  If you are linking your merchant account to a shopping cart, the KEY is to make sure that the two systems are compatible.

Not all gateways work with shopping carts. And some carts only “link” with proprietary gateways.

So… when you are requesting a quote or fees for an online merchant account, make sure you:

  1. get a list of gateway fees
  2. make sure your cart will be compatible with your gateway

You don’t want to shell out hard-earned money only to find out that you have compatibility issues.

Ready to Choose a Merchant Account Provider?

If so, there are a couple of ways you can get started.

You can request a merchant account quote.  Simply fill out the short form and we will contact the appropriate merchant account providers for you.

You can visit the Internet Merchant Account providers listed on the website by following the link.  Once there click on your state and review the providers listed there.

Finally, you can follow the link to our merchant account directory to scan a list of merchant account providers in your area.

Comments?  Questions?  Other merchant account issue you’d like to share?

We do value your opinion, and would like to hear from you.  Kindly leave a comment for us and we’ll respond as soon as possible.

  • Share/Bookmark
Comments Off