Member Avatar for tp9

There many online processing service online. Merchant Account is one of them it is a process in such a way that one can earn from his/her ecommerce site staying at your home. All the transactions through the ecommerce site are automatically performed through merchant account and it is possible for you to earn while you are in sleep. Merchant account is generally provided through the credit card companies like Mastercard, VISA, Paypal etc. But If you are thinking to have a merchant account owner you must be careful there are a lot of options waiting for you and there are some tips for selecting merchant account.

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  • Latest Post Latest Post by rizvibiz

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Good thread — useful starting points from and the follow-ups. A few practical, evergreen items that aren’t spelled out yet and will help compare real offers (especially if you’re looking at multiple vendors or getting sales in the UK).

  • Ask for a sample merchant statement and an itemised fee sheet. Don’t rely on a headline rate; get the actual monthly/transaction fees, refund and chargeback charges, and any fixed monthly or annual fees.
  • Calculate your effective rate from that statement before signing (see example below). That’s the single most revealing number.
  • Confirm funding schedule and currency support. If you need GBP settlement or local payouts, make sure the provider supports them and name the funding bank/country.
  • Find out reserve/holdback rules and underwriting conditions. Some providers place rolling reserves for new or seasonal accounts.
  • Check chargeback handling and representment support. Know the fee per dispute and whether they help with documentation.
  • Verify PCI scope and who handles tokenization/hosted pages — this affects liability and compliance effort.
  • Confirm fraud tools and SCA/3DS support when selling to UK/EU customers.
  • Test integration: ask for SDKs, sandbox access and a live test plan before committing.
  • Read contract terms: minimums, termination fees, and data portability (can you extract your transaction history?).

Calculate effective rate:

Effective rate = (Total fees for period / Gross sales for period) * 100
Example: Gross sales $5,000, total fees $205 → (205/5000)*100 = 4.1%

Be wary of guaranteed “we’ll beat your rate X%” claims (see ’s post). Always demand written, line‑by‑line comparisons to your current statement and run the math yourself.

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Member Avatar for meaculpa

Do you know of a payment service for site??

Also what is the advantage of a payment gateway over Paypal??

Member Avatar for stymiee

It's not the domain extension that affects your ability to use a payment provider. It's your location. If you located in the UK then Paypal, 2checkout, and Worldpay are all options available to you. There are all third party processors.

Payment gateways aren't that important as they only act as online credit card terminals for your website. It's the true merchant account that they use that are important.

To compare true merchant account with payment gateways to third party processors, read this article. It explains it all in great detail.

Member Avatar for rizvibiz

Hi I work for PPS and we have a great merchant gateway service we also garuntee that we will beat your current provider by 10-20% or write you a check for $500.00. it is a win win situation. let me know if you want more info. my email is The best part there is no contract so you can cancel anytime. we basically earn your business every month.

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