Video: Merchant Accounts - What to Look For and Ask About , Part 1

Watch this video and read this post to learn what to look for and ask when you are shopping for a merchant account.

What watch out for:
Super low discount rates – the lower the advertised rate is the greater your effective rate typically will be.
Free terminals or gateways – in business nothing is free in the [...]

Posted on August 19th, 2008 by Robb Lejuwaan in Basics, Merchant Account, Rates and Fees , , , , , , , , , , , , , , , , ,
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Case Study: Napa Valley Winery

Case Study - Winery
Business Type: Napa Valley Winery (specific name withheld)
Initial Status: To the untrained eye this merchant account statement looked just fine; here are a few of the problems that stood out to me:

One merchant account for both their tasting room and wine club
25% of there Visa transactions going to a “non-qualified” status
Transactions being [...]

Posted on August 18th, 2008 by Robb Lejuwaan in Case Studies, Interchange Plus, Merchant Account, Rates and Fees , , , , , , , , , , ,
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