Internet - Toronto Merchant Accounts

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Internet | E-commerce Merchant Accounts

- Credit card discount rates from as low as 2.25%
- Transaction fees from as low as 25 cents
- Easy to integrate solution
- Approvals in as little as 5-7 business days
- Can connect to any SSL Shopping cart service
- Can set-up both US and CAN currency accounts

A internet merchant account is thought of as only for internet based businesses, but as consumers become more internet savvy and comfortable with making online purchases, many retailers may want to explore the ability to accept payment by credit cards on their websites. We have had several Merchants who have businesses that are service retailers (they provide services, but all their business is face-to-face) decide that having a internet merchant account can seriously enhanced and sometimes save time with their clientèle.

For example, this one beauty salon added a self-booking section for hair appointments on their website, where the client could book their appointment online with the online calendar and pay via credit card on the website, and by doing so the client would received a discount. The merchant offered this discount because it saved them money (by no longer needing a front desk person who sole job was to book appointments) and because it provided funds in advance to the owners bank account before the services were provided, kinda like a cash advance that doesn't need to be paid back. An interesting concept that may be good food for thought when it comes to your business.

Another example of a brick-and-mortar business using a internet merchant account to streamline their business was a health food store that put people on an auto ship on their monthly vitamins. They explained customers at check-out to go to a special person at a separate check-out station who was armed with only a PC and an internet connection, where they shared the option that if they put their order on auto ship (so the product ships to the automatically every 30 days) the customer would receive an additional 10% of their orders. Which of course, the savvy sales person showed the yearly savings on the customers vitamin purchases (which obviously ups the stakes). This is a win-win for both the consumer and the business owner, but what the business owner love most was it increased their stores worth when it comes time to sell because they can prove that the business has a loyal committed buyer base that regular retail location(s) cannot prove. We bet that has you thinking!

Of course 95% of the time we are setting up internet merchant accounts for e-commerce type businesses, but we wanted to show you that retailers who think outside the box with their merchant accounts and business approach can seriously increase their business's net worth.

Toronto Merchant Accounts | Credit Card Processor

Internet | E-commerce Merchant Accounts