Merchant Account

Retail Merchant Account

In order to qualify for a retail merchant account, a business must "swipe" the majority of their credit card transactions through an electronic terminal. Meaning, the customer must be present at the time the transaction is processed.

Mail order Merchant Account

A mail-order business will not have the customer present the majority of the time when running a credit card transaction transaction. Typically, most orders are taken over the phone, through a catalog, or at trade/craft shows.

Internet Merchant Account

An Internet merchant account is utilized by merchants who sell products or services through a web site using a payment gateway.

Touchtone Merchant Account

A touchtone merchant account allows a merchant to charge a customer’s credit card using any touchtone telephone (including cell phones). Touchtone accounts are popular with craft businesses, smaller business, or businesses that require portability.

Wireless Merchant Account

A wireless merchant account utilizes a wireless terminal that operates much like a cellular phone. Wireless merchant accounts make it possible for businesses to get a low “retail” rate while offering portability.

Lodging Merchant Account

A lodging merchant account is meant specifically for hotels, bed and breakfasts, and other businesses types in the lodging industry.

Grocery Merchant Account

A grocery merchant account is specifically tailored for grocery stores.

Store and Forward Merchant Account

A store and forward merchant account utilizes POS terminal technology to store credit card electronic strip information in memory when it is unable to communicate with the processor or acquiring bank. The terminal forwards the stored information to the processor or acquiring bank at a later time when a means of communication is available.