What Is a Virtual Merchant Account?

A virtual merchant account allows you to enter sales online from wherever you have an internet connection. Whether you are a virtual merchant or a brick and mortar business, this type of account can benefit you. While a virtual merchant usually processes many or all of their orders via their website, therefore requiring a way to process payments, a brick and mortar business who may not offer the option to place orders online benefits from a virtual merchant account in ways that include:

How Can You Accept Payments Online?

If you have a website, you will need online payment services to be able to accept and process credit cards. There are a few ways that you can do this but the safest, most efficient and effective way is with a merchant account. Your customers will be able to place their order at anytime, without the assistance of a live person (unless they need personal service for some specific reason).

How do I get a Merchant Account for my New Business?

Sometimes it seems that the system doesn’t work for the new guy on the block.  Obstacles seem to be everywhere to prevent you from starting your new business.  Financing, government regulations, business plans and upfront costs all contain their own hurdles that must be overcome in order to get your business off the ground.