3. The kind of processing solutions are available. This is also another major consideration in merchant account transactions because it can define the options for the client as early as possible. The most common kinds of processing available include the "real-time internet processing," the "retail swipe terminal," and the "computer-based processing."
To choose which one is best for you, you can check out the "Solutions Guide" available in most merchant account sites so you can have a detailed list of information depending on the type of solution available. Aside from giving you early options, you can also have an idea which solution will work best on the nature or type of business that you have.
4. The list of credit cards that can be accepted. In the world of merchant accounts, the list of credit cards that can be accepted will mainly depend on the merchant account provider. Usually, the most common ones that are processed and accepted include the "Visa", the "MasterCard," the "American Express" and the "Discover accounts". Others also use the "Diner's Club" as well as the "JCB" merchant but not all people opt for it.
5. The length of time that will take for an account to set up and to be processed. In terms of merchant account, more and more providers are requiring people to run either a week sometimes even lesser. Although there are those that usually take longer span of time due to more complicated processes but it should not take more than one month.