|Credit Card Processing Made Simple
Payscout offers merchant accounts, cutting-edge technology and secure credit card processing at competitive rates to meet the individual requirements of our clients. Our goal is to be your first choice for industry-leading electronic payment processing that’s reliable and secure, customer service that delivers beyond expectations and budget-friendly pricing for all your credit card processing needs.
|Our Merchant Processing Rates & Fees
1. No Set Up or Monthly Minimum Fees
2. No Cancelation Fees / Contract Commitments
3. 24/7 Telephone Technical Support
4. Secure Online Virtual Gateway to Process Transactions
5. Free Credit Card Terminals if Needed
6. Free Mobile Card Swiper for Wireless Processing
7. Credit Card Rates as Low as 1.65% *
8. Debit Card Rates as Low .25% *
* All proposed rates and fees provided by Payscout are subject to credit approval.
What Is a Merchant Account?
If you have a business and you want to accept credit cards as a method of payment, you need a merchant account. From the small Mom-and-Pop shop down the street to the biggest and best of department stores, all businesses that take credit cards must have their own merchant account. A merchant account is the single most cost-effective way of accepting credit cards from your customers or clients. Simply put, a merchant account is a business arrangement between you and a credit card processor that allows you to accept credit card payments from your customers. Those payments are then deposited into your bank account by the credit card processor after the sales are complete.
There are two basic types of merchant accounts. A merchant account for card-present transactions is used when the credit card and cardholder are physically present at the time of the sale and the card is swiped through a credit card terminal, as in traditional POS retail. A merchant account for card-not-present transactions is used when neither the card nor the cardholder are present for the sale, as is typical in e-commerce of MOTO (mail order/telephone order) sales. Some merchants or service providers need more than one merchant account, especially if they have diversified their business.
In order to get a merchant account, you’ll need to fill out an application and have it approved by a credit card processor. The processor then equips you with the products and services you need to accept credit cards, including hardware and software. The credit card processor acts as a middleman between you and the issuing bank during a transaction. When the issuing bank authorizes a customer’s transaction, the transaction amount is credited to your merchant account by the processor. At the end of the day, you settle all of your transactions in one batch with the processor, who deposits the funds into your bank account, typically within two days.
When setting up a merchant account, it’s best to use a credit card processor like Payscout who will let you use the bank of your choice for your deposits. This account should be kept totally separate from any other bank accounts you may already own.
Services That Meet Your Needs
As an experienced and reputable merchant services provider, Payscout can set you up with a merchant account for credit card processing that best suits your specific requirements. We offer a complete menu of merchant services including a variety of merchant accounts (retail POS, Internet, wireless, mobile), plus state-of-the-art technology, PCI-compliant secure processing, toll-free 24/7/365 U.S.-based customer support and same-day approval of your application — all at competitive rates.
First Rate Customer Service
From the very beginning, we’ve based our business on the pillars of honesty, integrity and outstanding customer service that have earned us an A+ rating for Customer Service and Trust from the Better Business Bureau. We have worked with hundreds of thousands of diversified clients from coast to coast in the United States — businesses large and small, merchants and service providers, from traditional retail to e-commerce, mobile to mail order and beyond.
Why Choose Us?
As a full-service merchant account provider with years of experience in the credit card processing industry, we know there’s a lot of competition out there for your business. We also know that the strategic alliances we’ve built with established networks and banks in this country make it possible for us to offer merchant accounts that can truly save our clients money on their processing costs. Plus, every transaction processed through a Payscoutmerchant account is supported by the most robust networks available. Want to know more? Click here to learn more reasons to choose Payscout as your credit card processing provider.
So read more about Payscout and our merchant account options on this website, and then talk to one of our trained representatives about your business and your specific credit card processing requirements. Learn for yourself how we deliver the expertise, products and services that you need at prices you can afford!