What is a Merchant Account Rates, Pricing, Terminals and how it works

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  • Опубликовано: 3 окт 2024

Комментарии • 156

  • @Avephx
    @Avephx 4 года назад +38

    It is hard to find this type of content online. Thank you for what you do!

    • @Bancardsales
      @Bancardsales  3 года назад +2

      Thanks Avelino. I appreacite the comment and thanks for watching too. Let me know if you have any questions.

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @consultancy6434
    @consultancy6434 4 года назад +5

    this is an in depth explanation for the first time merchants !

    • @Bancardsales
      @Bancardsales  3 года назад

      Thanks for watching. Let me know if you have any questions. -Brian

    • @EZEOKESUNDAYUDENWANI-dj9bh
      @EZEOKESUNDAYUDENWANI-dj9bh Год назад

      Daposit Name EZEKE ONYEMEME MPU 900,000,000 Bank approved

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @derrickoliver3835
    @derrickoliver3835 7 месяцев назад +1

    Thanks 🙏 a million you’re dope!! I do like the time stamps organizing is always the best way people love convenience and ease of use so don’t stop that. Moving in this direction so I may schedule and appointment to talk with your team about who ad where is the right direction to start off with on the bank side, software side, and proper structure for a small online business. Just a heads up. But great work nice and simple but thorough explanation for starters like myself.

    • @Bancardsales
      @Bancardsales  7 месяцев назад

      Thank you for the feedback and I'm glad you liked the content.
      And please do feel free to schedule a meeting when you're ready!
      Thanks
      -Brian

  • @omersoncruz1081
    @omersoncruz1081 2 года назад +2

    Great explanation! Very clear and concise.

    • @Bancardsales
      @Bancardsales  2 года назад

      Glad it was helpful!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @80sbreaker
    @80sbreaker 23 дня назад

    Awesome clearly explained video can you do one explaining the different gender and pronoun options

  • @AngueSterling
    @AngueSterling 4 месяца назад

    Thanks! This is excellent information.

  • @Bancardsales
    @Bancardsales  4 года назад +4

    Do you have any other questions about what a merchant account is, that was not covered in this video? Let me know in the comments below! ~Brian.

    • @kamelissaoui1265
      @kamelissaoui1265 4 года назад +1

      yes pls, can you tell me how to do to create my own aggregator business, just like paypal in my country, regards, and thanks for the good content

    • @altonharvey1545
      @altonharvey1545 3 года назад

      I have a clover flex it was with a nother merchant but I'm not with them know more so can I switch to another merchant using my old clover flex

    • @nightinthelife9824
      @nightinthelife9824 3 года назад

      Do merchant accounts procces monthly payments or is that a separate service entirely

    • @chisomomalongo9406
      @chisomomalongo9406 11 месяцев назад

      How to purchase merchant pos

  • @Aezuz
    @Aezuz 3 года назад +2

    Thank you so much for this type os content

    • @Bancardsales
      @Bancardsales  3 года назад

      You're welcome and thanks for watching !

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @AnthonySoshilShah
    @AnthonySoshilShah 2 года назад +1

    So Helpful thanks for the video

    • @Bancardsales
      @Bancardsales  2 года назад

      Thank you and thanks for watching!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @monica8773
    @monica8773 2 года назад +6

    We watched this video as part of our eCommerce Master material and it's incredibly clear and comprehensive, thanks a lot!

    • @Bancardsales
      @Bancardsales  Год назад

      Thank you and thanks for watching! -Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @jiteshsajnani1922
    @jiteshsajnani1922 2 года назад +2

    I sent you a mail regarding support required for payment solutions but the mail is not able to go through shows it is a spam
    Your website doesn't allow me to book meeting too.
    If you help me out it would be great

  • @surfsessions100
    @surfsessions100 2 года назад +2

    Well done 👏

    • @Bancardsales
      @Bancardsales  2 года назад

      Thank you 😁

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @gabrielsaladbar3547
    @gabrielsaladbar3547 4 года назад +4

    What would be the best merchant account? I’m a personal trainer. My transactions are typically higher, anywhere from $300-$900 and typically I’ll have clients pay for the year and it’ll end up being $4,000-$8,000. But this is rare. I also have fewer transactions since I’m selling a higher priced service

    • @Bancardsales
      @Bancardsales  4 года назад

      Whats your total volume? (Year/month)
      Are there any down months where you would not have any transactions to run?
      Do you have equipment needs? Software needs? (I.e. how are you processing the payment )
      All these questions and a couple more are the types of things I'll cover with you on a strategy call.
      Www.bancardsales.com/call

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @paspetanaka3456
    @paspetanaka3456 Год назад +2

    Can I send funds out to customers, employees using my merchant account and if yes do your team help in setting up a merchant account?

    • @changeoffocus1074
      @changeoffocus1074 Год назад +1

      Around minute 7:40 or a bit after he says how to book a call with him or his staff.

    • @Bancardsales
      @Bancardsales  Год назад +1

      Yes we set up merchant accounts, but sending funds OUT instead of receiving payments is not really what a merchant account is for. Sounds like you need an ACH program that allows for payroll type payments.

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @chhaseeb1366
    @chhaseeb1366 2 года назад +1

    Such a informative.

    • @Bancardsales
      @Bancardsales  2 года назад

      Glad you liked it and thanks for watching! -Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @dineshamboji8850
    @dineshamboji8850 2 года назад +1

    Great video.

    • @Bancardsales
      @Bancardsales  2 года назад +1

      Thanks!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @jasminenacole5381
    @jasminenacole5381 4 года назад +4

    What solution would you suggest for new online business owners to start with other than a merchant account ? I've seen Paypal as an option, but is there an alternative if you don't want to use them either ?

    • @truthhitman7473
      @truthhitman7473 4 года назад +2

      2 months have passed and you have not received an answer. How rude !

    • @Bancardsales
      @Bancardsales  3 года назад

      Jasmine, there's always links in the description of my videos that will allow you to schedule a call with our team. If you are still using PayPal now, there's a video coming out next week that shows you when and how to upgrade to a merchant account. If you have other questions, feel free to reach out: www.bancardsales.com/call

    • @paymentpassport5850
      @paymentpassport5850 3 года назад +1

      Stripe

    • @EZEOKESUNDAYUDENWANI-dj9bh
      @EZEOKESUNDAYUDENWANI-dj9bh Год назад

      Daposit Name EZEKE ONYEMEME MPU $790,000 Bank approved

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @mirzaibtihaj4102
    @mirzaibtihaj4102 2 года назад +2

    Can you apply for a Merchant account if you are doing dropshipping?

    • @Bancardsales
      @Bancardsales  2 года назад

      Yes. You can get a merchant account for dropshipping business.
      If you want to discuss schedule with me here: Www.bancardsales.com/call/Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @shabithanallaparameswan5150
    @shabithanallaparameswan5150 Месяц назад

    How to unfrozen the merchant account?

  • @chisomomalongo9406
    @chisomomalongo9406 11 месяцев назад

    Does merchant account brings profit

  • @johnj8541
    @johnj8541 2 года назад +2

    Damn, what a need, thumbs up for a very detailed video

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @ShirleyMAKHUDU
    @ShirleyMAKHUDU 11 дней назад

    Card payment verification visa application for Marchant klasha

  • @Samsinnify
    @Samsinnify Год назад +2

    Great content! The terminals used in these payments systems, what are available options for those?

    • @Bancardsales
      @Bancardsales  Год назад

      Sami, thanks for watching. If you'd like to discuss specific terminal options, you can schedule with us for a free consultation: Www.bancardsales.com/call/Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @rickswing8723
    @rickswing8723 Год назад +1

    I’m reaching out. Are you available for a consultation? And can you work with me from the Big Island of Hawaii?

    • @Bancardsales
      @Bancardsales  Год назад

      Hey Rick, yes I offer consults. you can book here: www.bancardsales.com/call/brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @swareeshwargirishprakash9783
    @swareeshwargirishprakash9783 3 года назад +3

    Excellent. Very well articulated.

    • @Bancardsales
      @Bancardsales  3 года назад

      Thanks and thank you for watching! -Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @Slonimzz
    @Slonimzz 4 года назад +2

    Why would someone go with a merchant account rather than a psp?

    • @Bancardsales
      @Bancardsales  3 года назад

      It depends on your business. Have you seen this video? This should help you along: ruclips.net/video/eA6RUWYZ97Q/видео.html

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @TheJasonloring
    @TheJasonloring 4 года назад +2

    The video was informative. I need to book a phone call regarding to good advice on managing the cash advance

    • @Bancardsales
      @Bancardsales  4 года назад

      Hey Jason. Thanks for warching.
      You can book with me here: Www.bancardsales.com/call

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @TrappedQue
    @TrappedQue 3 года назад +1

    Great information...thank you!

    • @Bancardsales
      @Bancardsales  3 года назад

      You're welcome and thanks for watching!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @MelwynFernandes-g6f
    @MelwynFernandes-g6f Год назад

    One of the worst worst worst merchant service provider is barclays UK, they blocked my account for just one chargeback, that also when it was customer's mistake, barclays didn't give my business any support...to make things worst they held my funds for 6 months and also black listed my business on MATCH, this way it gets very difficult to apply for any other merchant....barclays literally killed my business for just one chargeback .....do not do business with barclays they are the worst in the industry...they will not only block your account, they will also hold your funds for 6 months and also black list you on match.....they don't even deserve one star ....Useless barclays

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @binbinli2412
    @binbinli2412 2 года назад +2

    Love the time stamp! Thank you for the clear explanation

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @shohag_ux
    @shohag_ux Год назад +2

    so much clearly present, really thanks!

    • @Bancardsales
      @Bancardsales  Год назад

      thank you and thanks for watching!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @PrakashSinghBist
    @PrakashSinghBist 2 года назад +2

    🙏❤

  • @truthhitman7473
    @truthhitman7473 4 года назад +1

    Why are many big companies still using PayPal ?

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @originally_yurdd74
    @originally_yurdd74 Год назад +1

    I work from home , my clients sometimes want to pay with card , how would I go about the application for merchant account?

    • @Bancardsales
      @Bancardsales  Год назад

      Thanks for watching. You can click here to apply. It will also give you a calendar link to talk to me:
      Www.bancardsales.com/cardpointe/application

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @JayJRuiz
    @JayJRuiz 3 года назад +2

    Great video, what is the your rate for scheduling a call ?

    • @Bancardsales
      @Bancardsales  3 года назад

      Jay, the consultations are offered free.
      No obligation: schedule with me here-- Www.bancardsales.com/call/Brian

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @mnraies3646
    @mnraies3646 11 месяцев назад

    I need a merchant in usa

  • @alfordelliott6943
    @alfordelliott6943 2 года назад

    My question is why would you need to give your social security number when they have your EIN number or tax identifying number. The big companies don't have to give their personal social security number they give their tax ID number or EIN number to set up an account

  • @Theerealbrowniebabii
    @Theerealbrowniebabii 4 месяца назад

    Thank you for breaking everything down and making it easy to understand and easy to find. Love the time stamps!

  • @michelleporter5588
    @michelleporter5588 3 года назад +2

    Great video - thank you!

    • @Bancardsales
      @Bancardsales  3 года назад

      Thank you and thanks for watching !

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @ShirleyMAKHUDU
    @ShirleyMAKHUDU 11 дней назад

    Halal

  • @Mekartur
    @Mekartur 4 года назад +2

    Very nice video. A lot of great info!

    • @Bancardsales
      @Bancardsales  3 года назад

      Thank you and thanks for watching!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @davidnyamundhe8299
    @davidnyamundhe8299 11 месяцев назад

    How can I reach you?

  • @ffrob2001
    @ffrob2001 4 года назад +1

    the best fit link in the description does not work

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

    • @ffrob2001
      @ffrob2001 Год назад

      @@AkaAdubs Let me guess. By charging the customer??

  • @cheskacheskie815
    @cheskacheskie815 6 месяцев назад

    Finally got some insight on how this works

  • @jorgedemontalvo3684
    @jorgedemontalvo3684 2 года назад +1

    Thank you for the information. It is very useful.

    • @Bancardsales
      @Bancardsales  2 года назад

      Glad it was helpful!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @bestieltslistening7357
    @bestieltslistening7357 3 года назад +2

    Great insight 👍

    • @Bancardsales
      @Bancardsales  2 года назад

      Glad it was helpful!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @johnlange8729
    @johnlange8729 Год назад +1

    Your effective rates seem a tad bit low, don't you think?

    • @Bancardsales
      @Bancardsales  Год назад

      Hey John, I try to be accurate with my suggestions in the videos but keep in mind that they are always benchmarks and not meant to represent every business out there. There's lots of variables as I illustrate in the video so effective rates can vary.
      With that, are you comparing my suggestion in the video to your effective rate that you're paying? Lmk.
      Thanks for warching !

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

    • @johnlange8729
      @johnlange8729 Год назад

      @@AkaAdubs No.

  • @bilalfunluv5211
    @bilalfunluv5211 3 года назад

    Am using shopify store and from Asia . Can i use merchant Account.? Kindly help me for that.

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @qpidindigo9499
    @qpidindigo9499 2 года назад +1

    Great info. Thanks for posting.

    • @Bancardsales
      @Bancardsales  2 года назад

      Thank you!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @stilliraise9201
    @stilliraise9201 3 года назад

    WHy type your social security? is this even safe?

  • @mancunianfc752
    @mancunianfc752 Год назад

    Is it necessary to have a merchant account if i run an online store or its okay to not have one if I have a good payment gateway provider?

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying fees all together, is that something you're still interested in doing?

  • @stephenjohnmanlegro9183
    @stephenjohnmanlegro9183 Год назад

    This is very helpful.

  • @abbyb_Pain2Purpose
    @abbyb_Pain2Purpose 2 года назад +1

    👍🏻👍🏻

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @capyluvr
    @capyluvr 3 года назад +2

    Question, can i have a square terminal with a merchant account?

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @lestonclarke9330
    @lestonclarke9330 3 года назад

    So is a merchant bank account better than PayPal (ansa merchant bank)

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @davidstanley3931
    @davidstanley3931 4 года назад +1

    I need help with my merchant account. are you in position in providing it?

    • @Bancardsales
      @Bancardsales  4 года назад

      David, I can help you out.
      Reach out and schedule a call with me here: Www.bancardsales.com/call

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @josephmator2514
    @josephmator2514 2 года назад

    Can you make a video on how to be a middle man in merchant services?

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @martylynchian8628
    @martylynchian8628 2 года назад

    How can I find out which merchant account a company is using? Is this information kept in any master database?

    • @Bancardsales
      @Bancardsales  2 года назад

      Marty, why do you want to know? Is there something I can help clear up for you?

    • @martylynchian8628
      @martylynchian8628 2 года назад

      @@Bancardsales I have a judgment against someone who continues to operate their business while claiming they have no money. They have like 10 different P.O. boxes and UPS store mailboxes, etc. Their website said they accept all credit cards. So I need to know what entity to send the subpoena to that might have this information. That is why I am trying to find if someone has a master database on the merchant names. You seem like you know how this whole process works. If you have any suggestions, it would be greatly appreciated. Thank you

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @adibahzamani7925
    @adibahzamani7925 2 года назад

    I liked! Thank you very much!

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're still interested in doing?

  • @yafetbereketeab1685
    @yafetbereketeab1685 3 года назад

    What is the best payment gateway for payments under 10 usd?

    • @AkaAdubs
      @AkaAdubs Год назад

      Hey, I work with a company that allows you to stop paying card processing fees all together, is that something you're interested in doing?

  • @chisomomalongo9406
    @chisomomalongo9406 11 месяцев назад

    How to stop doing business with Merchant POS.