Merchant Accounts
Merchant Accounts – Accept Credit Cards Online
Merchant Accounts are a relationship between a business and a bank that enables the business to accept credit card payments from their customers. The merchant account relationship allows the business owner to accept credit cards online, in person or with a mobile phone when customers use bankcards like Visa or MasterCard. Depending on the type of Merchant Account you have, you can accept credit card payments online, in person, over the phone and even with mail orders. When you get a Merchant Account through IGV, there are no setup costs, no hidden fees and no monthly minimums.
How Merchant Accounts Work
At specified times, the merchant bank deposits funds it has collected on behalf of the merchant into the merchant’s account. Merchant Accounts cost a small monthly fee plus a small charge per transaction to cover the bank’s credit card processing costs.
IGV offers Internet Merchant Accounts which includes an industry leading gateway service from Authorize.net that allows you to easily and safely accept credit cards online.
- Why You Need a Merchant Account from IGV* According to the U.S. government, nearly 75-percent of American families have one or more credit cards and are often the preferred method of payment for both online and brick and mortar store shoppers. By establishing a Merchant Account, you can accept credit cards online or by using a terminal and you provide your customers with payment conveniences they want. If your business cannot accept credit cards, chances are your customers will buy elsewhere and your competitors will profit instead.
Secure your competitive advantage with Merchant Accounts from IGV and save with every transaction. Contact us today to get started!