A merchant account is a a relationship between a businessmen and a merchant bank that allows in order to accept payments through a bank card from their customers. All businessmen accepting credit card payments have a merchant credit card into which the service agency deposits the money all transactions made through a credit card.
Advanced CBD merchant account processor Services can be an 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, since credit cards became the buzzword for financial operations. 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 internet application. AMS has an increasing of getting most of its merchant account application approved in less than several hours. Moreover AMS offers the most cost effective solutions in the market today. With Advanced Merchant services you will never maintain the fear of getting entrapped into a manipulative merchant 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 that you are actually being overcharged till you compare the rates.
oThe kinds that are not charged immediately but get deducted once the honeymoon period is over.
There is also one third kind. These are indiscernible non titled fees that can only be ascertained after carefully deducting the charges and fees and from deposits. Sum of money inexplicably siphoned off will be the hidden fees. Some of this 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. There are lots of other fees that are covertly charged by merchant service provider and credit card processing units.