Home Add to Favorite Contact Submit  
             23 January, 2021
 

    
Category:  Articles » Finances » Credit

 

Does Free Credit Card Processing Exist

Popularity:
         Views: 1510
2006-12-18 02:27:49     
Article by Sara K

Many 3rd party credit card companies boast about providing merchants with free credit card processing services. Tempting merchants with a free credit card processing service, they brag about accepting credit cards online on behalf of the merchants, with low processing fees, extra costs etc.

What the Free Credit Card Companies boast about

Many 3rd party processing companies say that they would provide merchants with:

* Least expensive ways to sell products online

* Easy way to earn profits

* Free credit card processing services without a merchant account

* Free credit card processing terminal

* Real-time acceptance of credit cards online

* Offering too-good-to-be-true referral programs

* Recurring billing and lofty affiliate management programs.

Free Credit Card Processing – Long Term Benefits?

Free credit card processing might help businessmen promote their website and products for a while, especially if they are only just starting up, but there are no real long term benefits. Merchants initially don’t have to pay for secure servers, monthly gateway fees, credit card processing fees etc. However, the transaction charges are usually so high that merchants end up paying more than the average rate.

Setbacks of Free Credit Card Processing

There are many free credit card processing service providers who claim to give away free services. However, as always there is a catch! There will be payment processing charges such as merchant account registration fee, “high risk” merchant fee, statements fees, monthly fees, wire fees and fraud prevention fees etc. What merchants can do to avoid becoming victims of such ‘free’ programs is to read the privacy policy and terms/conditions on the website for the certain program, or ask more experienced and trusted business owners regarding such companies. This will save merchants the hassle and loss liable to occur once trapped for the free credit card processing.

Credit card processing offered by some companies might initially be free but there are other hidden charges and setbacks which the potential victim might not know about, in such a situation only extensive research and precaution can help avoid one from becoming the next prey of ‘free’ credit card processing.

Specialized in: Merchant Account - Offshore Merchant Accounts - High Risk Merchant Accounts - Credit Card Processing - Real Time Processing - Real-time - Non-us - Non-usa - Non Us - International Merchants - Credit Card Acceptance - Accept Credit Cards - Secure Electronic Transactions
URL: http://www.instabill.com
Print article      Bookmark this page
Related Articles 
Texas unclaimed property increasing at alarming rate (Popularity: ): Unclaimed property has been a problem every state in the U.S. is facing. There are several modern world problems that our current economy is dealing with and one of the more severe problems is the case with lost money. Like other states in the United States, Texas is also facing similar problem in managing the immense pile of unclaimed money. The burden is mainly on the state agencies that are ...
The San Diego Home market - Has it Bottomed out yet? (Popularity: ): As someone who has been in san diego for over 30 years, I have seen the ups and downs of the housing market. Throughout most of my life it has been drilled into my head that buying a home is one of the best and safest investments out there. From the time that I got here in 1979 to 2000 the San Diego housing market has always consistently gone up ...
Risk Management Through To 2009. (Popularity: ): Risk management is a term that originated in the insurance industry back in the 1900's, and was used by those selling insurance services to describe how a person, or company, could reduce or mitigate the risk they, their families or company management may be exposed to.The term "risk management" expanded into common day usage in other areas of business, during the 1970's, and continues today across a broad range of ...
Easy Ways to Find Unclaimed Utility Deposit Money (Popularity: ): Lost money is one of the major causes of concern for all the states in the U.S. The pile of unclaimed money in the state treasuries is now increasing at an alarming rate compared to the rate at which the people are coming to claim them back. This alarming rate of increase is the major cause of concern for the state treasuries because this pile up amount is of no ...
Unclaimed Money Can Help Increase Personal Finances (Popularity: ): For many, unclaimed money has increased their personal finances greatly. The state agencies are employing several resources in making sure that the problem of lost money comes to an end. This is one of the main issues that give nightmares to the state treasuries and other agencies who are managing these money piles that are yet to see the face of their real owners.State agencies believe that it is because ...


Related Business 
Credit Card Processing Companies (Popularity: ): Fee fighters compare credit card processing companies and merchant the best available account services. Our unique auction process and comparison engine allows us to save businesses 40% on average on their credit card processing.
Credit Card Processing (Popularity: ): Do You Need A Merchant Account To Set Up Your Online Business? Then Come To CardAuthorizer, One Of The Major Credit Card Services Providers In US. Be It An Online Credit Card Processing Or Merchant Credit Processing Solution, The Company Is Ever Ready To Guide You.
RS Merchant Services (Popularity: ): RS Merchant Services providing the very best in Credit Card Processing, Credit Card Merchant Processing, Credit Card Merchant Account Services, Business Credit Card Processing from the internet, Credit Card Terminals, Online Terminals or Wireless Credit Card Terminals throughout the United States of America.
First Data Merchant Services & Processing Solutions (Popularity: ): We can have your merchant account accepting credit card payments the next day. You have many options to choose from and can process credit cards online, using a credit card machine, or e-commerce credit card processing solutions.
Secured Credit Card (Popularity: ): Apply online for Secured credit cards of visa and master card Virtually all are approved. Secured Credit Card, Prepaid Credit Card and Bad Credit Credit Card and Student Credit Card are the common keywords used to describe the scenario where the credit card companies require a cash security deposit to issue a credit card.
Fast Credit Card Approvals (Popularity: ): Fast Credit Card Approvals is your one stop shop for any kind of credit card you might be looking for, no matter what your credit is we have the credit card for your needs. Feel free to browse throught our catalog of credit cards and if you are not able to find what you are looking for send us and email. The highlights about each card and the popular categories ...
Credit Card Processing Solutions (Popularity: ): MerchantAccount.com offers businesses of all sizes the guaranteed lowest rates on merchant account services and credit card processing. Sign up by phone or online to accept credit cards today!
Merchant Account Srvices (Popularity: ): We provide merchant accounts for businesses to accept credit cards. Merchant services provides merchant account services with business Internet Credit Card Processing, Retail Credit Card Processing,ATM Placement, Credit Card Equipment, Wireless Check Acceptance.
Credit Card Processing (Popularity: ): Here at Universal Payment Systems we pride ourselves in educating and informing you about how to accept credit cards, providing the best processing solution for your business, all the while saving you lots of money with free setup, free software, and some of the lowest processing rates available. We service thousands of merchants nationwide and we understand that offering electronic payments in today's world is a necssity for your busineess. ...
AAA Viza - Credit card solutions (Popularity: ): We offer credit card processing solutions and web development services. Some of our Credit Card processing products flatbed imprinters, pump handle imprinters, portable imprinters, electronic imprinter and complementary products.