Products and Services

Merchant Services 101

Do you accept credit cards? Are you wondering how to set up a merchant account?

If you do not currently accept credit cards and debit cards, or if you are looking to find better discount rates for your existing merchant accounts, then ProMedia, LLC can help you. By accepting credit card and debit card payments, both off-line and online, you can improve your revenues. The preferred method for payment online is by credit cards, followed closely by debit cards and electronic checks, and a payment gateway helps in carrying out the online payment transactions with ease.

There are many options available to you as a merchant once you set up a credit card merchant account, which include terminals, virtual terminals (web-based terminals), or phone verification. We at ProMedia LLC provide online payment processing software solutions, from which you can benefit. Take a look at our market solutions page to see how we can help you find a merchant processing solution that fits your business.

Merchant Services (Credit Card Processing)

With a merchant account, you can start accepting credit cards at your store or on your web site in less than 24 hours!

  • A credit card merchant account for immediate transaction processing
  • Accept all Major Credit Cards including Visa®, MasterCard®, American Express®, and Discover® cards
  • All funds are promptly wired into the checking account of your choice
  • Convenient online reporting and management of your transactions
  • Free equipment programming and overnight shipping
  • Free equipment setup, installation, and employee training

Merchant Services for Ecommerce Websites

  • Secure, encrypted, SSL (Secure Socket Layer) for secure transactions.
  • Online payment processing software allows you to instantly accept credit card
    payments in real-time over the Internet.
  • A Web-based terminal for easy processing of credit card orders manually
  • Domain name registration (Domain names as low as $15.00 per year)
  • Website hosting, email accounts, and account management online access

Benefits from Accepting Credit Cards

Accepting credit cards will often double… even triple your current sales. Studies show businesses that accept credit cards can see a huge increase in volume… almost overnight.

It will legitimize your business. Studies show that when you display credit card logos as forms of payment you accept, these logos create a sense of ‘trust’ in your customers mind, and if they trust you, your customers will buy from you.

A merchant account improves cash flow. Accepting cards has a huge positive effect on business cash flow. Even if sales don’t increase (and they almost always do) your business will benefit by having the money from the credit card sale instantly delivered to your bank account. No more waiting for check to clear, or sending out time consuming invoices, waiting for payment. With credit cards you get your money from your customers quickly and easily.

A majority of web purchases are made using credit cards. If you are selling ANYTHING on the web and you are not accepting credit cards, you are eliminating alot of your potential buyers.

Competition. Your competition is already accepting credit cards. You need to accept cards in order to survive.

Convenience. Let your customer decide the most convenient way to buy from you. Many customers want to use credit cards because of reward points or reward miles associated with their credit card. Customers are more likely to buy from a business that accepts credit cards than one who does not. Don’t lose a customer to a competitor just because you don’t accept credit cards.

Larger orders. The average order size of someone paying via credit card tends to be larger than someone paying by cash or check. And larger orders = more profit. In addition, customers paying by credit card tend to place extra orders and order more often.

A merchant account is inexpensive. Gone are the days of high rates and fees. Today’s credit card processing rates are so low even the smallest mom and pop outfit can easily accept credit cards. In fact, usually the increase in sales a business receives when they do accept credit cards more than covers the small costs involved. As a result, by accepting credit cards many businesses make more money!

Quick and easy setup. Many businesses think getting setup to accept credit cards is a long and tedious process. No more! Most of the time you can be up and running within 24 – 48 hours