A Simple Guide to Online Merchant Accounts

Feb. 7, 2013 - PRLog -- It's now probably one of the most misconceived aspects of Internet business. While others make it seem so scary, truly, there's nothing to fear, we have made the process quick and easy. Getting an online merchant account can be one of the easiest steps in setting up your e-commerce business if you know what to look for and what to avoid and who to apply with.

It used to be that - in order to get a merchant account or credit card machine- you had to fill out lots of forms at a stodgy old bank then try and convince the branch manager with a full business plan that your small business deserved merchant accounts, too. If you were an Internet-based business and classed as an high risk merchant account the uphill battle was even steeper. Today, however, website owners and clients who require a virtual terminal or moto account have many other options including merchant account providers, independent sales organizations and more. Because the marketplace has opened so widely, getting a merchant account is quite the simple process, normally you can get a fast decision in principle without the need to fill in pages and pages of forms. You will be expected to answer basic information either over the phone or fill out an online application including your legal company and entity, principle's name address & phone number, your main website url and you will also need to provide some fundamental information about your business such as expected monthly volume you would process through credit and debit cards, AOV (average order value or amount per transaction)
per month or year, company registration number, VAT number if applicable and any relevant
government license's required for your particular industry?. This is really the simple information that you would require to attain a decision in principle.

At MaxPayNow we can arrange what ever type of merchant facilities you are looking for from: high risk merchant account, virtual terminal, moto account, merchant cash advance, credit card machine, pdq machine or an e-commerce merchant account.

We also provide Factoring & Invoice discounting along with the facility to be able to accept payments by third party direct debit facilities

You can us on   0161 928 2287 or visit our website at http://www.maxpaynow.com where you can request a call back or fill in our online merchant application form & one of our staff will come back to you straight away. We will make the process simple and quick!.