The internet has become a fundamental part of our everyday lives in the last 10 years, and most of the shopping is done online. Being simple and speedy, payments via merchant accounts are the most popular payment method today.
Merchant accounts are an optimum solution for those intending to engage in online commerce and accept payments via the internet. Availability of a merchant account makes the purchasing process much easier and faster for customers while the company benefits from convenient sales.
What are the advantages of the merchant account?
Firstly, it gives full control over all incoming payments. You can view all of your transactions and generate detailed transaction reports.
Secondly, it guarantees payment safety thanks to the advanced customer identification and transaction authorization technologies used by banks.
Thirdly, it allows you to accept payments directly from bank cards, enhancing your competitive power and expanding the customer base. Besides, the merchant account offers minimum credit card processing fees and adequate refund charges.
SBSB has a large partner network of acquiring companies and licensed payment institutions. We know which entities are better and more cost-efficient to work with, and which ones are not worth getting involved with. With SBSB experts at hand, you may rest assured: we will choose the most suitable financial institution for your merchant account, with consideration for all the specifics of your business.