AVPSolutions Blog

Comparison Shopping for Merchant Accounts

Comparison between various Merchant Accounts

Merchant services usually refers to the service that enables a business to accept a transaction payment by use of the customer’s credit , debit card and Bank Transfer. More generally, the term includes the following in its use:

* Credit and debit cards payment processing
* Check guarantee and check conversion services
* Automated Clearing House check drafting services
* Gift and loyalty card programs

Here is a small comparison of various Merchant service providers in India and/or worldwide . Please note that all the information were collected from their respective websites/brochures . Hope these information is handy and will be useful , while deciding for any merchant account .

EBS (Axis) Bank

Credit Card Accepted : Master Card , Visa Card

A. Pricing Option 1

One time setup: Rs. 10000/-

TDR: 6%

Annual Charge: Rs. 6000/-

B. Pricing Option 2

One time setup: Rs. 20000/-

TDR: 5%

C. Pricing Option 3

One time setup: Rs. 25000/-

TDR: 4%

# Annual Maintenance Charge Rs. 6000/-

Payment Withdraw Method : Direct deposit in UTI Account
As you can see it can be confusing to figure out which company, which bank, what type of merchant service you need.  At AVP Solutions we can help you curtail the exact needs of you business in order to process credit cards.  We can also assist you in making additional monies from other sources of accepting payment such as ACH (Electronic Checks), Wireless Processing (Mobile Services) … and the list goes on and on.

Contact one of our experienced representatives today by calling us at 818-657-3640, our operators are standing by to assist you.

August 18, 2008 Posted by avpsolutions | Uncategorized | , , , , , , , , , , | No Comments Yet