When opening a merchant account, you’ll soon find there are hundreds of card processing companies and dozens of payment methods to consider. A few factors to keep in mind are:
Reputation and credentials. How long has the company been around? Read reviews from customers and neutral third-party sources to see what people are saying about their services.
Experience with your industry. Different businesses have different needs. Be sure to choose a processor that’s well-versed with the ins and outs of your trade—that way, they’ll be able to provide the most relevant advice and solutions.
Commitment to security. Keeping card data safe is a huge responsibility when accepting payments. Only choose a processor that can protect you against fraud with today’s most advanced multilevel security technologies. Ideally, these security tools should be fully integrated and managed by the processor itself.
Customer support. Whether you’re onboarding a new system, navigating changes, or troubleshooting a problem, you need reliable customer support. Choose a processor that offers 24/7/365 customer support and save yourself a headache down the line.