A merchant account can be defined as a relationship between a businessmen and a merchant bank that allows them to accept payments through a card from their customers. All businessmen accepting credit card payments have a processing account into which the business deposits the money from all of the transactions made through available credit.
Advanced Merchant Services a good undisputed leader of the merchant accounts industry. Several nine of years of experience AMS has been providing unparalleled merchant account services to its clients, considering that credit cards became the buzzword for financial transfers. Advanced Merchant Services offers a variety of secure, all-inclusive, highly cost-efficient, financial processing solutions. With Advanced Merchant Services, businessmen begin accepting payments in handmade cards within a day or two of completing the online application. AMS has an all-time of getting most of the merchant account application approved in less than 24 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 you will be 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 yet another kind. These are indiscernible non titled fees step by step . only be ascertained after carefully deducting the charges and fees and from deposits. Your money inexplicably siphoned off is the hidden fees. Some for this 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. You’ll find of other fees usually are covertly charged by merchant service provider and banking processing units.