What are merchant accounts?
A merchant account
gives any you the ability to run credit card transactions
that are directly transferred into the bank account
of your choosing. The main
methods of accepting credit
cards are via a credit
card terminal, pc
processing software, internet
virtual terminal or by phone.
There are numerous back end processing institutions that
work with your chosen terminal , software or internet option.
As easy as this may sound there are many problems that
arise along the way. These include new or unproven
processing companies, dropped or lost sales, overcharges,
middleman surcharges, frozen funds or held funds, and
at times processors going out of business. These
problems and many others are eliminated when you choose
As a respected premium member service provider for Visa®,
MasterCard®, American Express® and Discover®, we only work
with the largest processor in the U.S.A. We never
compromise the importance of your money be using unproven
or questionable processors. The reality is most
other merchant account
providers are unable to qualify and maintain the level
of service and integrity needed to be a premium provider
for the larger processing institutions.
What are Merchant accounts?
Merchant account is an account at a financial institution that allows
you to accept credit cards. You may find that you can acquire a
Merchant account directly from your local bank or you may decide to use
any of a number of Merchant account Providers that can be found using
your favorite search engine. Not all Merchant Accounts can connect to
the Internet, and the ones that can may be limited to a particular
Secure Payment Gateway, so be sure to determine how this account will
connect to your site if you are a web Merchant.
A Merchant account Provider will open an account at a financial
institution (a bank they are partnered with) for you that can handle
Internet transactions. Be aware that there are a lot of non-reputable
Merchant account Providers out there, so make sure you check them out
before you commit to one. Avoid all the hype and jargon, and don't pay
more than a $100 processing fee to get the account. Providers can get
you equipment and software to process credit cards, however you don't
necessarily have to buy the equipment or software from them if you feel
their prices aren't within your budget range. All Merchant accounts
will have some kind of set up or application fee, which is usually at
least $99. In cases where there is no fee, they are making up the
difference with software or equipment sales, or otherwise marking up
the transaction charges to cover this cost.
The process a transaction goes through is actually quite complicated,
however it only takes a few seconds. Here's an inside look at how
credit card transactions are processed using an Internet credit card
1. The customer elects to move to the check out with the items they
placed into their shopping cart or selected from the order form on a
2. The customer then selects "credit card" as their method of payment.
3. Their browser connects to the Website host's secure server, and brings up the secure payment form.
4. The customer enters in his or her credit card information on the
secure payment form, and authorizes the transaction by clicking a
"Complete Order" type button.
5. The transaction information flows to the Website host's secure server using SSL encryption.
6. The secure server connects to the Merchant's processing bank either
via a Secure Payment Gateway (a third party who provides the connection
to the processing bank via land line), or directly (some processors
have their own proprietary Secure Payment Gateway and therefore do not
require a third party to provide this service).
7. The processor polls the card network, such as Visa® or MasterCard®,
directly, and the validity of the card, and availability of funds is
8. If the transaction's approved, an authorization code is returned to
the processor, or to the Secure Payment Gateway from the processor.
9. The authorization is encrypted by the Payment Gateway or processor
and transmitted in encrypted form to the Web server of the Merchant ,
which triggers fulfillment of the order.
10. The Merchant's Web server then sends the customer's browser a confirmation receipt.
11. The amount due is moved from the card holder's bank to the Merchant
's processing bank. The Merchant's processing bank will then move the
money to the Merchant 's local bank within 2 to 3 business days.
Free credit card processing Services
Increase sales overnight by accepting all
major credit cards with Advanced Merchant
Services and provide your business
with the best possible service at the best possible price.
And remember, if you're unhappy for any reason we will
gladly refund your money no questions asked.
Risk free credit card processing folks it just doesn't get any better then that!
We are so confident in our pricing and service we
will gladly extent this offer for a full 30 days after
you sign up! Please give us a call or apply online
knowing the AMS
Advantage really did provide you with the best price
possible service at the best
If you're unsure as to which option is best
for you our friendly and knowledgeable service consultants
will quickly point you to the best possible solution so
please call us now at
Start - Order
- AMS Advantage - Free