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Make Sure There Are No Hidden Charges

It is unfortunate, but some merchant account providers have hidden or unclear charges in their contracts. If you see a deal that looks too good to be true, then it probably is.

The "typical" charges you may see can include:

•   application fee
•   setup fee
•   monthly fee
•   discount rate
•   per-transaction fee
•   statement fee
•   monthly minimums
•   non-qualified fees
•   cross-border fees
•   gateway fee
•   minimum term contracts that you cannot cancel without penalties
•   chargebacks
•   rolling reserves.

As you can tell, with all those different fees it can be very confusing, and expensive to get a merchant account and process credit cards on your website.

The best way to avoid any hidden or unexpected fees is to do your research. Call or email your potential merchant account provider, and ask for a written listing of ALL the fees involved. Make certain that they include a description of what each fee is actually for. Although this sounds like common sense, you would be surprised to find out how many merchants just decide to sign up with a merchant account provider without doing their proper research.

At the end of this article you will find a list of questions that you can ask when researching to find your merchant account provider.

A quick word about our pricing here at Merchant -- we do not charge any hidden fees. Our pricing is extremely simple to understand. In fact, we pride ourselves on having the best pricing and most clear and easy to understand rate structure in the industry.

Honest Pricing Guarantee

Our pricing is very simple and easy to understand. On our rates page you will find a thorough description explaining all of the costs involved. Because we include everything you need to take credit cards, there are never any hidden costs.

This is reinforced by the point that most merchant account providers won't even put their pricing on their website. On top of that, most do not include everything you will need, so you are left to sort through all kinds of compatibility issues. All of our pricing is located on the website, so you can clearly see exactly how much it will cost for you to accept credit cards.

You will find a link to our pricing page at the end of this article. Before you skip to the rates section, I suggest that you first review the valuable list of questions that can be found at the end of this article. This list will give you the important questions that you need to ask before you apply for your merchant account.


You should now have the information you need to make an informed choice when choosing your merchant account provider. I hope I've been able to shed some light on the subject of merchants accounts and e-commerce, and hopefully you've even picked up a few useful tips on how to apply credit card acceptance on your website, to maximize and capitalize on the benefits it has to offer.

If you found the information in this article useful, and would like to find out more about internet marketing, and how you can optimize your website to produce the maximum results, then feel free to email me and I will be happy to recommend a few marketing courses that I feel are particularly useful.

If you would like to contact me with any questions or comments, I can be reached by email at:

David Goodale

What Else Should You Know?

One more thing - when establishing a merchant account and credit card processing for your business, there are a number of questions that you should be asking. I have compiled a list of the most important questions that you must ask when applying for a merchant account.