Articles

How to Avoid Chargebacks

Chargebacks can cause a great deal of trouble for a business, especially when merchant accounts initiate fees for them. Credit card processing has a wealth of benefits, but it also has complications such as consumer chargebacks. Consumers initiate chargebacks for a wide variety of reasons including fraud, attempted theft, honest mistakes and discontent. Every business […]

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Building Your Small Business

Accepting credit cards is a necessity for small businesses because it allows them to remain competitive, offer convenient payment methods to buyers and not forego a sale in the event customers come up short of cash. Understanding the world of credit card processing can seem daunting at first, but these 3 key principles help address […]

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Reading Reviews Before Selecting Your Merchant Account Provider

When looking to select a company to use as a credit card processor, it’s wise to choose one that offers all the right services at a good price. However, one should take it further, and here are three things to look at when reading reviews for a merchant services provider. Speed: Without a doubt, if […]

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All About Flagship Merchant Services

Flagship Merchant Services has been helping merchants conduct transactions online for many years. As a leader in credit card processing and merchant accounts services, Flagship Merchant Services has remained focused on giving business owners of all size the solutions they need to effectively do business completely online. How does credit card processing work? There are […]

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All About CreditCardProcessing.com

Without a doubt, when looking to get credit cards processed, one should go with a solid, reliable and trustworthy company. When doing so, it’s easy to avoid mistakes that others suffer from. While true, one should know where to look, and CreditCardProcessing.com is a great place to go, and here are three reasons why. Provide […]

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What is the Bankruptcy Notification Service?

Without a service, it’s hard for people to know when someone went bankrupt, and this is often a problem when dealing with merchant accounts or other financial services. For this reason, the two major worldwide credit card companies, Visa and MasterCard, have developed a service to help people track bankruptcies. With this, people can see […]

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Welcome to MerchantAccountRankings.com!

One of the most common steps that consumers take today before making a buying decision is to read reviews about products or services. They want to ensure that the product or service they are going to purchase is the best overall value or that it will meet a specific need that they have. While it is common to read consumer reviews about everything from new cars and dishwashers to local restaurants and more, you can also learn more about merchant account providers for your business. Credit card processing is a vital function in the business world today because an overwhelming number of consumers prefer to make payments using a debit or credit card. You may be wondering what specific information you can learn from reviews of merchant account providers.

Reliability of the Service

Merchant accounts essentially facilitate the entire credit card or debit card transaction. When a customer hands you a credit card for payment, for example, your register or computer will need to connect with the provider’s system to complete the transaction. Because of this, the reliability of the service is imperative. When you read consumer reviews on merchant accounts, pay attention to complaints others have had about slow service or downtime. Keep in mind that customers who bring their purchases to your register may not have any other form of payment. Therefore, if they are not able to pay with their card, you may lose sales.

The Speed of Payment Processing

With credit card processing, the merchant account provider collects funds from the actual credit card company or bank. These funds are collected in an account for your company, and they are transferred into your own account. In some cases, companies will receive their payments for credit card transactions within a few days or within a week. Each provider has a different payment process. Some deliver on their promised process with reliability, and others may be known for having delayed payments. If your business is like most, you may need access to your funds quickly, so the speed of the processing is important.

Be sure to read our list of merchant account providers below.

2015 CREDIT CARD PROCESSING COMPANIES

Rank
Company
Approval Rate
Setup Fee
Contract
Transaction Rate
Rating
#1
98%
Free
Month to Month

Retail0.38%-1.58%

Internet0.98%-1.98%

5 stars

866-337-2076

Visit Website

#2
98%
Free
Month to Month

Retail0.35%-1.55%

Internet0.95%-1.95%

5 stars

866-334-6149

Visit Website

#3
98%
Free
Month to Month

Retail0.38%-1.58%

Internet0.98%-1.98%

5 stars

855-861-6618

Visit Website

#4
98%
Free
Month to Month

Retail1.54%

Internet2.04%

5 stars

857-588-9490

Visit Website

high risk merchant account