We Offer Merchant Account for Bad Credit Within 24 Hours!
A merchant account is a must-have for any modern business. Whether you operate a store or accept payments online, a merchant account allows you to receive funds from debit and credit cards.
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Before you can open a merchant account, a service provider will perform a few checks, including reviewing the financial health of your business. Depending on the vendor you select, they might check your business credit score, personal credit history, or a mix of both.
Bad credit can be an obstacle. Some merchants can deny your request or offer a merchant account with high processing fees if you apply with poor credit.
Another potential obstacle is the processing time. Pulling your credit score and reviewing the financial health of your business can take days and even weeks.
At Best Merchant Services, we specialize in making merchant accounts and payment processing solutions affordable and accessible. We work with businesses with low credit scores and limited credit histories. We’ll review your application and offer a cost-effective solution regardless of your credit score.
The best part? We can process your application and give you an answer in 24 hours.
Do you need an affordable merchant account from a vendor willing to work around your low credit score? Read on to learn more about opening a merchant account for bad credit.
Get a Reliable & Cost-Effective Bad Credit Merchant Account
When a customer swipes a debit or credit card, your payment processing vendor communicates with the bank or credit card company to verify that the payment is valid. If the payment goes through, the vendor will then deposit the funds in your payment processing account.
Having a merchant account is crucial for the success of your business. Without a payment processing solution in place, you’ll find yourself unable to offer convenient checkout options to your customers and might lose some sales.
Choosing a Reliable and Affordable Partner for Your Bad Credit Merchant Account
You need to choose a reliable service provider who will manage your account as your business grows, protect your funds, make the money easy to access, and handle payments in a safe and compliant manner.
You also need to work with a cost-effective vendor. Some payment processing companies charge a flat fee per payment while others charge a small percentage. With credit cards representing 38% of all POS purchases and debit cards not far behind at 28%, card processing fees can add up and reduce your bottom line.
What Makes Best Merchant Services Reliable?
We have over 20 years of experience in the payment processing industry. We understand the unique challenges bad credit merchants face.
Our goal is to become your partner for success. We’ll provide you with the tools and services you need to deliver outstanding customer service, offer convenient card processing options, and deliver a reliable payment processing platform.
Here are some of the resources we offer to help you succeed:
- You can contact us 24/7 for support
- We offer free payment processing hardware and offer low-cost options
- Our merchant accounts allow you to safely accept in-person, online, and over-the-phone payments
- We review applications within 24 hours
- We consistently receive glowing reviews from our customers
Why Is Best Merchant Services an Affordable Option for Your Bad Credit Merchant Account?
We understand that a majority of businesses have simple needs when it comes to processing payments. It’s why we offer a simple package with a no-frill credit card machine and no extras you won’t use.
If you need to process online payments or want advanced POS features, we can create a customized package at an affordable price. You can make changes to your package as the needs of your business change.
Our goal is to offer a solution that works with your needs and budget without penalizing you for your credit score or limited credit history. Once you have our affordable and reliable payment processing solution in place, you can focus on growing and improving your financial profile.
Here’s how we can help you save money:
- We offer affordable card processing fees regardless of your credit score
- We have free hardware options available
- We offer advanced hardware options at an affordable cost
- If you send us proof of what your current credit merchant is charging you and we can’t beat their rate, we’ll give you $500!
- We also offer affordable business loans to help you grow
Discover Best Merchant Services, the Fast No Credit Check Vendor
Best Merchant Services offers affordable merchant accounts for bad credit regardless of the risk your business represents in terms of creditworthiness.
Types of Bad Credit Merchant Accounts
Digital transformation has accelerated over the past few years. With businesses adopting hybrid models or pivoting to address the needs of the ‘at home’ economy, a growing number of merchants are accepting digital payments.
Offering different payment options is crucial for meeting the expectations of the modern customer. While many businesses can satisfy these expectations with a fast and secure credit card processing solution for in-store payments, we offer a wide range of services so you can build a customized POS solution adapted to the needs of your target audience if your customers prefer shopping online.
Here are some of the services we offer to merchants.
Traditional payments with a credit card processing machine remain at the heart of the in-store experience. Customers expect a quick and effective checkout experience, and we deliver the hardware you need to meet this expectation. We also offer POS options for modernizing this experience and adapting it to your unique business model. For instance, you can switch to handheld POS hardware to replace the usual checkout line with a model where employees collect payments where the customer is. It’s a growing trend in the restaurant industry, and it opens up new possibilities such as pop-up retail experiences.
Virtual Terminal Payments
A virtual terminal is a platform merchants can use to process payments when a card isn’t physically present. For instance, customers can make a purchase over the phone or even mail in their payment information. Virtual terminal payments are a convenient option for merchants who offer subscriptions and payment plans where customers approve recurring monthly payments in advance. Accepting a payment when the card isn’t physically present means you have to take additional steps to verify the identity of the shopper and deliver a safe experience. We can help by offering merchant accounts with an innovative virtual terminal payment designed to meet safety and compliance requirements.
Did you know that 40% of US adults have used a mobile payment method? Adoption is growing, and retailers and other businesses have to keep up with this trend. Mobile payments can speed up the checkout process and deliver a convenient contactless experience that is ideal for curbside pickup, drive-throughs, and similar business models. With solutions like Google Pay, Samsung Pay, Apple Pay, or PayPal, consumers have access to different mobile wallet apps. These mobile wallets are helpful tools for tracking spending or replacing cash and cards. In order to accept mobile payments in your store, you’ll need to use hardware that communicates with an RFID chip in the user’s smartphone. We can provide this hardware along with bad credit merchant accounts that can process mobile payments from different mobile wallet providers.
With Q3 2022 sales exceeding $265 billion, it’s safe to say that eCommerce is a lucrative market. Whether you’re launching an online business or want to expand an existing business by adopting a hybrid model, a merchant account for bad credit that can process online payments is a plus. Being able to process eCommerce payments is a crucial element of a great checkout experience that will keep your customers coming back for repeat purchases. E-commerce merchant accounts also need to offer a safe and transparent experience your customers can trust. At Best Merchant Services, we think that being a high-risk merchant shouldn’t be an obstacle to offering a great online checkout experience. It’s why we offer affordable merchant accounts that can process online payments. Even if you’re a high or medium risk merchant, you can count on us to provide you with the eCommerce payment processing tools you need to succeed.
Read on to learn more about merchant accounts and how merchants with bad credit can process payments.
Open Your Merchant Account Today!
Are you looking for a merchant account for a new business or want to replace your current payment processing solution with a more affordable solution? Don’t let your low credit score be an obstacle.
Best Merchant Services offers cost-effective solutions for businesses like yours. With simple packages that include a credit card processing machine and low fees, you’ll be able to accept debit and credit card payments in no time. Plus, we offer additional services and customizable packages if you want to process mobile payments, eCommerce payments, and more.
We’ll review your application and give you an answer in 24 hours. The application process is fast and simple because we know business owners are busy.
Are you ready to take the next step? Tell us more about your business, let us know if you have any questions, and we’ll get back to you with a quote!