The following are the major benefits of having a merchant account. If you own a business (or want to start one) and you find one or more of the following benefits important to you, then you will want to obtain a merchant account.

More sales. Perhaps the most important benefit. Accepting credit cards allows a business to convert more store visitors into buyers. This is especially true for Internet businesses where it has been estimated that accepting credit cards can increase sales by as much as 200%.





Lower credit card transaction costs. Having your own merchant account will allow the lowest overhead costs associated with accepting credit cards.





Get paid faster. Having your own merchant account will allow you to receive funds transferred directly into your checking account within 2-3 business days.





Promotes a better business image. Customers tend to place more trust and confidence in companies that have their own merchant account. When customers receive their credit card statement, your company information is displayed.