I just recently opened a small clothing boutique. I only except cash right now because I am still shopping for a good low cost merchant account. I’ve tried a couple of banks but there all to expensive. Am I going to lose a lot of money doing this?
Thank you, I’ll see how it goes for awhile. It it seems like I am loosing a lot of customers due to this then I’ll get one immediately.

Is it standard to pay a small fee, like .25 per credit card swipe plus the interest fee with all merchant service accounts?

These people are trying to sell me a credit card account for my new business (EPS Merchants). They said the brand new (however, it’s been sitting in the box for over 2 years) Nurit 8320 terminal that i own is “outdated”–something about needing the latest pci coding…–and they want me to get a “newer” machine from them (same Nurit 8320 model) for $34.99 a month–for 48 months. Wow. On top of this, they want me to SEND them my old one (which I OWN)…?

Supposedly their rates are $10/mo. flat rate, no contract. Plus 1.79% retail credit cards and $0.25 flat fee for all debit cards with pin entered by customer. If pin not used (run debit card as a credit card) then it is 1.49%.

Anyone know if i’m being taken for a ride here?? Thanks in advance…my store’s not even open yet…
@ James: “Data Entry From Home”?? Erm…this is a brick and mortar store, selling water conditioning supplies. Hence the need for a credit card machine. Thanks anyway there…

I have a business checking account, and I have a paypal account, but I’m also wanting to get a gateway. I’ve heard about needing a merchant account as well, but is this in addiction to a checking account? If I do need a merchant account, what are the costs of getting one, and any recommendations as to where to get one?
Would this provide everything I needed? http://merchantaccounts.networksolutions.com/

The answers are not accurate, being that the majority of the merchant account/payment processors of visa/mc will not process online tobacco sales, which is reason for the question. Searching for a processor who will. Thanks!

I am setting up a merchant account and I’m wondering how long it will take before I see the money in my account after processing. Also does it differ depending on the credit card? (Amex, Discover Visa)

I need credit card payment to sent the buyer or customer to fill out their credit card for payment receive without merchant account.. I dont want Paypal and Google Checkout.. so I had bad credit, Just need anyone know what the website for me to apply new member became Seller without use merchant account?? for example Alertpay without use merchant account and Paypal and Googlecheckout and Moneybookers.. Moneybooker arent available for usa right now only UK? help me find without use merchant for need trhough credit card payment thank

i dont trust paypal and never have. they always limit my accounts with tons of money in it and hold it for months!! then suspend it for all kinds of crazy reasons and ask for everything besides a dna test. im dont wanna bother with them. i want to sell on ebay, but no paypal. whats another credit card processor which is low cost and known? thanks!