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Leaders Merchant Services
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #1

31Reviews

4 days ago

8.8

Our Score

9.4

User Score

Flagship Merchant Services
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #2

25Reviews

1 month ago

8.2

Our Score

9.0

User Score

Dharma
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #3

45Reviews

2 weeks ago

8.1

Our Score

9.4

User Score

goEmerchant
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #4

27Reviews

1 month ago

7.8

Our Score

9.5

User Score

Durango Merchant Services
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #5

5Reviews

6 days ago

7.5

Our Score

9.8

User Score

Cayan
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #6

2Reviews

1 month ago

7.2

Our Score

5.5

User Score

CDG Commerce
verified
Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

company logo #10

0Reviews

1 second ago

5.3

Our Score

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User Score


3 Things to Know Before Choosing a Merchant Account Company

A merchant account is a bank account that allows businesses to accept credit cards. Before your company can accept any kind of credit card payment, you must first open a merchant account. Now this can be intimidating, but it doesn’t have to be. Here are the three things you need to know before choosing a merchant account company.

Compatible Point of Sale Systems

You may be preparing to choose a point of sale (POS) system or you may already have one. Regardless, you need to understand which POS systems work with which merchant accounts. It is also important to have up-to-date hardware when opening your account. Hardware today needs to support EMV (EuroPay MasterCard Visa,aka chip technology). Whenever buying this technology, make sure you buy it upfront rather than lease from a merchant account company or a POS company. Leasing can lead you to paying far more than the hardware is worth. 

Know the Pricing Model 

There are three different types of pricing models when it comes to credit card processing: flat rate, tiered pricing, and interchange plus. Know which model works best for your company, so you can find a merchant account service best equipped to service your customers. Processors like PayPal have a flat rate model, which is the best for smaller companies that are generating relatively low

 

 

revenue totals each month. Tiered pricing is based off of a qualification system that determine which rate tier a merchant's transaction qualifies for. Finally, an interchange plus pricing model allows merchants to pay a flat fee regardless of what the wholesale processing rate and a small transaction fee. Make sure you know your company’s pricing model before you choose a merchant account company. 

Know the Fees

When budgeting for a merchant account service, make sure you understand all of the fees involved. Many merchant account companies charge fees outside of the typical monthly charge, such as transaction or start-up fees. Carefully researching and asking questions is key in this industry because fees may not always be stated blankly on a company’s website. Before committing to a merchant account company, don’t be afraid to ask a lot of questions. It is better to be over prepared than to risk choosing a sub-par company or one that is ill-equipped to service your customers.