A merchant account can be defined as a relationship between a businessmen and a merchant bank that allows your crooks to accept payments through plastic cards from their customers. All businessmen accepting credit card payments have a merchant account into which the service agency deposits the money from all of the transactions made through credit cards.
Advanced Merchant Services a good undisputed leader of the merchant accounts industry. With over nine of years of expertise AMS has been providing unparalleled merchant account services to its clients, given that credit cards became the buzzword for financial ventures. Advanced Merchant Services offers a variety of secure, all-inclusive, highly cost-efficient, financial processing solutions. With Advanced Merchant Services, businessmen can start accepting payments in plastic within a day or two of completing the online application. AMS has a record of getting most of their merchant account application approved in less than twenty four hours. Moreover AMS offers the most cost effective solutions in the market today. With Advanced Merchant services you will never have the fear of getting entrapped into a manipulative CBD merchant processing card account riddled with hidden fees and bogus charges. Hidden fees are basically of two types:
oThe kinds that are overtly mentioned in the contract, but you don’t have any way of knowing which you are actually being overcharged until you compare the rates.
oThe kinds that aren’t charged immediately but get deducted once the honeymoon period is over.
There is also a third kind. These are indiscernible non titled fees step by step . only be ascertained after carefully deducting the charges and fees and from deposits. Sum of money inexplicably siphoned off could be the hidden fees. Some of the bogus fees charged by most Merchant Account Services include Chargeback fees, Retrieval fees, Termination fees, Gateway fees, Gateway per Item fees, Minimum fees, Over limit fees, Voice AVS fees Annual fees, Statement Fees, Customer Support fees, Technical Support fees. You’ll find of other fees are usually covertly charged by merchant service provider and banking processing units.