10 Quick Questions
You Must Ask A
Potential
Internet Merchant Account Provider
- by Jeff Cohen
@ iMerchantNetwork.com
Don’t sign on the dotted line
until you’ve answered the following 10 questions:
1. Will I be able to process credit cards online and off the
internet?
2. If yes, what are the different procedures for each and
if there are additional fees involved.
3. In addition to Visa and MasterCard, can I accept Discover,
American Express, Diner's Club, debit cards, online checks,
and other currencies?
4. If yes, what are the fees & what
is the procedure for setting them up?
5. What are the fees for each of the following: submitting
an application, account set-up, yearly maintenance, discount
rate, per transaction, monthly minimum, statement, support,
continued payment gateway access and chargebacks?
6. Are these fees subject to change?
7. Are there any more fees I should know about?
8. What is the length of the contract and how much is the
early termination fee?
9. Is the processing gateway compatible
with many of today’s leading eCommerce software titles and
shopping carts?
10. Can you provide a list of these compatible titles and
companies?
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