Electronic Transfer Review
Get a Merchant Account to Process Credit Cards Online

If you have an ecommerce store online, then you need to be able to securely process credit card transactions in order to maximize your online sales. Therefore you need to partner with a reputable credit card processing company like Electronic Transfer, that can provide you with a merchant account. This will allow you to provide your customers with the secure option to pay with their credit card when checking out of your online shopping cart. The online shopping experience has a much higher probability to encounter fraudulent charges, because the person does not have to show any identification or their actual card. Because of this, ecommerce merchants need to ensure that they have the most secure payment processing system, which Electronic Transfer can provide for a very affordable price. Electronic Transfer has been in business since 1994 and has a great reputation among their online merchants that have used Electronic Transfer for their payment processing needs.

Once you get set up with a merchant account, you can then start to accept credit cards on your ecommerce site. When a purchase is made via credit card on your site, the funds are then transmitted to your business checking account within two to three days. There are alternatives for online merchants, like going direct to your local bank or partnering with a 3rd party who may offer you a cheaper deal. However banks are not really set up to accommodate this, and would typically partner with someone like Electronic Transfer or other merchant service provider anyway. If you go through a third party, you may have further complications with disputes as your customers will see the 3rd party on their credit card bill. If you want to run a successful and secure ecommerce business, then you have to establish a merchant account so customers will feel confident in purchasing from your site.

There are no setup fees to get started with Electronic Transfer, and most ecommerce merchants can get set up in one or two days. Once live you can always utilize the customer service department who can answer any of your questions, or handle any troubles you may have with your merchant account. The fees are very minimal as you only pay $20 per month for your payment gateway and statement fee. In addition you will have a 2.29% VISA/MasterCard qualified discount rate, and a very reasonable $0.29 fee for each transaction that occurs on your ecommerce site. Review Electronic Transfer in further detail, so you can decide if you want to partner with them for your merchant account so you can start processing credit cards.