A merchant account is regarded as a a relationship between a businessmen and a merchant bank that allows the particular accept payments through a card from their customers. All businessmen accepting credit card payments have a CBD merchant account us account into which the gps service provider deposits the money all transactions made through available credit.
Advanced Merchant Services a undisputed leader of the merchant accounts industry. With over nine of years of expertise AMS has been providing unparalleled merchant account services to its clients, ever since credit cards became the buzzword for financial transfers. Advanced Merchant Services offers a variety of secure, all-inclusive, highly cost-efficient, financial processing solutions. With Advanced Merchant Services, businessmen can start accepting payments in bank plastic within a day or two of completing the online application. AMS has a list of getting most of its merchant account application approved in less than hrs. Moreover AMS offers the most cost effective solutions in the market today. With Advanced Merchant services you will never have the fear of getting entrapped into a manipulative processing account riddled with hidden fees and bogus charges. Hidden fees are basically of two types:
oThe kinds that are overtly mentioned in the contract, but you don’t have any way of knowing you are actually being overcharged until you compare the rates.
oThe kinds that are not charged immediately but get deducted once the honeymoon period is over.
There is also 1 / 3 kind. These are indiscernible non titled fees that can only be ascertained after carefully deducting the charges and fees and from deposits. Sum of money inexplicably siphoned off could be the hidden fees. Some of the bogus fees charged by most Merchant Account Services include Chargeback fees, Retrieval fees, Termination fees, Gateway fees, Gateway per Item fees, Minimum fees, Over limit fees, Voice AVS fees Annual fees, Statement Fees, Customer Support fees, Technical Support fees. There are a number of other fees in which covertly charged by merchant service provider and bank card processing units.