Credit Card Processing by GotMerchant.com

It is not easy to find the right credit card processing company with so many options to choose from. By reading our reviews, it is easy to figure out that the same credit card processing companies all work with the same payment gateway. Gotmerchant separates itself by offering its own payment gateway that is provided by Network Merchants Inc. You also have the option of using any payment gateway that is compatible with Paymentech, Global Payments, Vital, or First Data platforms such as PlugnPay, Intellipay, Verisign, and eProcessingNetworks.

Gotmerchant also offers a variety of PIN Pad Terminals and IP based terminals for the retail industry. You can even process credit cards with just a computer, a card swipe, a printer, and Authorize.net. In addition, Gotmerchant can be integrated with your Yahoo store as well. They also offer wireless credit card processing solutions. Gotmerchant is also ecommerce credit card processing friendly.

Pricing is competitive at $10.00 for the monthly statement charge. Discount rates start at 2.19% with a $0.25 per transaction fee and a $0.05 address verification fee. Gotmerchant also has an above average approval rating of 99%. That means more than likely they will find a way to get you approved. Customer services is also 24/7/365 either by telephone or email.

Approval Rating:

GotMerchant.com has an above average approval rating of 99%. That is higher than most credit card processing companies. Furthermore, they do not charge an online application fee.

Monthly Costs:

GotMerchant.com is competitively priced with the other credit card processors in the industry. They charge a $10.00 a month statement fee and a $9.95 gateway fee. In addition, they charge a per transaction cost of $0.25 and a $.05 address verification fee. If you opt out of the set up fee, you will pay $14.95 a month for the gateway fee instead of $9.95. Discount rates start at 1.69% for retail and 2.19% for internet based transactions.

Setup Costs:

GotMerchant.com has different options for Internet merchants. If you choose to pay the $49.00 one time setup fee you will only have to pay $9.95 for the monthly gateway fee. However, if you decide not to pay the setup fee, you will be charged $14.95 for the monthly gateway fee. Wireless terminals start at around $780 with a $20 monthly fee.

Approval and Setup Time:

It takes approximately 24 to 48 hours to set up new accounts.

Customer Service:

GotMerchant.com provides 24/7/365-customer support via email, fax, and telephone. We were able to speak with a representative immediately who answered all of our questions, when we called.

Internet Credit Card Processing:

GotMerchant.com is Internet credit card processing ready. They can provide you with everything that you need to start accepting credit cards on your website. They can provide shopping carts and payment gateway with Authorize.net or your choice of gateway providers. GotMerchant.com can also provide an SSL (Secure Sockets Layer) security for all your credit card processing transactions. It takes 1 to 3 days for payments to clear and be deposited to your account.

Credit Card Processing Equipment

GotMerchant.com can provide a variety of equipment for your retail business front. They offer terminals from Hypercom, Nurit, and Verifone PIN based transaction pads as well. They also offer credit card processing services for gift cards and loyalty cards.

In conclusion, GotMerchant.com is an excellent choice for credit card processing services. They have good rates for both retail and Internet credit card transactions. They offer compatibility with Yahoo Stores and they also offer a selection of payment gateways.