A merchant account can be defined as a relationship between a businessmen and a merchant bank that allows these types of accept payments through plastic cards from their customers. All businessmen accepting credit card payments have a credit card merchant account into which the service provider deposits the money from all transactions made through a credit card.
Advanced Merchant Services is definitely an undisputed leader of the merchant accounts industry. Several nine of years of experience AMS has been providing unparalleled merchant account services to its clients, given that credit cards became the buzzword for financial transactions. 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 handmade cards within a day or two of completing the internet application. AMS has an all-time of getting most of their merchant account application approved in less than hrs. Moreover AMS offers the most cost effective solutions in the market today. With Advanced A merchant account you will never have 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 have no way of knowing that you are currently 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 yet another kind. These are indiscernible non titled fees that can only be ascertained after carefully deducting the charges and fees and from deposits. The money inexplicably siphoned off may be the hidden fees. Some on the bogus fees charged by most Merchant Account Services include Chargeback fees, Retrieval fees, Termination fees, CBD payment 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 a number of other fees that are covertly charged by merchant service provider and bank card processing units.