Finance & Loans

A Guide to a Merchant Account Service

Article submitted by Total Merchant Services

Retail merchant accounts are the most popular account types. This type of account is ideal for businesses which have a physical retail location. The size of the business does not matter as long as it is a stable company. This type of account allows the company to accept credit cards at their physical location where the process deals with the customer sliding their credit card through the credit card machine for instant payment. Besides a retail merchant account, there are several other types of a merchant account service. All types of merchant accounts give a company the capability to accept credit cards but each account will differ in the way credit cards are accepted.

An Internet merchant account gives a business the capability for online credit card acceptance. This is perfect for businesses that run solely online. The business may have an Internet store or offer online services. This type of account is also ideal for small home businesses as well. Being able to accept credit cards online is crucial to the success and operation of a company online. A wireless merchant account is a fairly new type of merchant account. Have you ever placed an order for pizza and the delivery person has been able to slide your credit card through a device and charge your credit card while standing at your front door? If you have, then you have experienced a wireless merchant account. Basically what a wireless account does is that it allows the business to be mobile. This is perfect for companies that deliver such as pizza places, flower shops and gift deliveries. Others that benefit from this account include businesses that do a lot of trade shows. They are now able to perform transactions right at their trade show booth.