What Kinds of Merchant Accounts Exist?
There are several types of merchant accounts,
and the choice of which one to open
really depends on the type of business you are running.
The first option is the standard, "brick and mortar" point-of-sale merchant account. These accounts are suitable for most businesses and they work with both stand alone credit card terminals as well as computer interface or internet-based terminals, such as virtual terminals.
The second option is for any business involved in e-commerce that will be accepting credit card payments online. An Internet merchant account is specifically designed to handle online payment processing of credit cards. Usually, the account fees with this type of account may be higher since there can be a greater risk associated with online payment processing.
Finally, there is a Mail Order/Phone Order "MOTO" merchant account, which is suitable for any business that wants to process credit card payments via mail or over the phone. We will set you up so that you website has a shopping cart and online checkout.
Some businesses MAY be classified as high risk for a number of reasons. Is your business classified as "High Risk"? APC provides merchant services for high-risk merchant accounts, such as offshore merchant accounts and high-volume merchant accounts (examples of high risk merchants include mail order, telephone order, adult websites, direct marketing, infomercials, dating sites, online dating sites, escort services, outcall services, travel, telecom, timeshares, subscription services, membership services, membership clubs, tickets, MLM (multi-level marketing),
bail bonds, some pawn shops).
We represent multiple processing sources. So whether you are looking for one merchant account or multiple merchant accounts, we are certain that we can accommodate your processing needs. Regardless of business type or volume, we'll get your account approved quickly and keep it running smoothly without any volume caps. Let our staff of processing industry leaders find the solution that's right for you.