Credit Card Processing by Merchant Warehouse

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Merchant Warehouse is considered one of the top choices for credit card processing. They have a reputation of excellent customer service. They have 24/7 365 days in house representatives located in the United States. Merchant Warehouse offers its customers an array of products ranging from retail credit card processing, Internet credit card processing, and high-risk credit card processing and mail/telephone order credit card processing services. Merchant Warehouse has an approval rating of 99% and is considered one of the highest approval ratings in the industry.

Monthly Fees:

Merchant Warehouse has very competitive monthly pricing and is considered to be one of the lowest in the industry. Their monthly statement fee is $7.95. A monthly minimum charge of $25 is applied to all new merchants. Discount rates start at 2.19% and there is also a $0.21 per-transaction fee. Merchant Warehouse also charges a $25.00 fee for back charges. There is also a $0.65 fee for transactions requiring voice authorization. An additional $0.05 fee is also applied for address verification purposes. All Internet merchants are subject to a $10.00 monthly gateway fee as well.

Initial Costs

Merchant Warehouse does not charge any fees up front in order to get your account activated. There are no long term agreements or cancellation fees either. Contracts are considered month to month.

Approval and Setup Time

It takes about 24 hours to receive an approval from Merchant Warehouse. Approvals are based on many factors including credit history, years in business, your experience, etc. Merchant Warehouse does have a very high approval rating. Most merchants will be approved however rates will vary accordingly.

Customer Service:

Merchant Warehouse has one of best customer service teams in the industry located in the United States. They are available 24/7 365 days a year. I called and was connected to a live articulate sales representative who was able to answer all my questions with ease.

Internet Credit Card Processing:

Merchant Warehouse offers a variety of payment gateways for you to choose from including Authorize.net, LinkPoint, Verisign Payflow, Verisign Payflow Prow and MerchantWare Virtual Terminal.

Credit Card Processing Equipment:

Merchant Warehouse offers a variety of Point of Sale terminals as well as card swipe terminals as well as pin pad and wireless terminals.

BINSmart ™ Advanced Credit Card Processing Technology:

Merchant Warehouse uses an advanced credit card processing algorithm unavailable by any other company. Credit and debit cards are widely used in today’s retail environment. Transaction fees will vary on both debit and credit cards. PIN based debit cards, also known as check cards, can also be used as credit cards. Sometimes it is cheaper for the merchant to process the debit card as a credit card and vice versa. How is a merchant supposed to know the cheapest way for a credit card to be charged? BINSmart ™ technology evaluates each transaction and will determine the cheapest way to process. Once the card is swiped, BINSmart ™ will ask the cashier to collect more data, ask for a PIN number, or have the customer sign the receipt. BINSmart ™ technology looks at all of the following criteria:

• Specific rates according to merchant account structure
• The dollar amount
• The type of card (debit, credit, business)
• Tbe SIC code
• The interchange category
• Debit network costs
• Zip Code

All of these factors influence the transaction method. BINSmart ™ technology can save you a lot of money in the long run and makes accepting credit cards easier.

Call 866-757-6832 Today!