Support Center » Knowledgebase » How do I setup a Merchant Account?
 How do I setup a Merchant Account?
Solution Since you signed up with us you get your choice of 2 FREE MERCHANT ACCOUNTS!

We have two companies that we currently work with for merchant account
options. We work with ProPay.com and BankCardAmerica.com. You can read about
both companies on our extras page located at:

BCA:
http://www.tms-wi.com/promo_pricing.htm

ProPay:
https://epay.propay.com/phinc6578/

A basic overview of the 2 companies' differences is this: ProPay charges
$29.95 for the year and with no monthly charges. But you pay higher fees than
a standard merchant account (a la BankCardAmerica.com) and you cannot do real
time credit card processing. With BCA you can do real time credit card
processing and you pay much lower rates than ProPay.com charges. But you have
monthly fees that are associated with that account. The more sales you do with
BCA the lower your monthly fee gets. But if you don't do any sales you will be
charged that monthly service fee.

What most customers do is when they are starting they go with ProPay.com,
because you only pay them when you are using their service. Once the orders
start coming in and then normally that customer will switch over to BCA, for
the lower rates and real time credit card processing feature.

There are other merchant account services out there. But we have worked with
Bank Card America for all of our needs, as well as a lot of customers too. But
propay.com is a reputtable company and many of our customers use their service
as well.

Once you figure out which one you would like to use let us know. With ProPay
there isn't really anything you have to setup. Just make sure that your Store
is setup to handle whichever credit card companies ProPay works with and if
there are any max order limits or things like that.

If you go with BCA and get the real time credit card processing with the
account and need help setting that up with your store be sure to contact us
here and we will help you with that.

Article Details
Article ID: 10
Created On: Dec 20 2005 02:58 AM

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