The 3 Myths About Merchant Accounts That Can Cost You

Whether you’re a small home based “Micro business” trading stuff on eBay or preparing for a big product launch or a new Main Street retailer opening your doors, you’ve definitely need to give some thought to what form of payments you will and should accept in your venture. PayPal only? Checks only? Cash only? No, the answer is that people want to give you your money in all kinds of different ways, and you should accept it in all those ways.  Therefore, there are critical financial decisions to be made as you start out, ones that ultimately could affect sales and your bottom line and I believe that if you sell something, be it a product or service, you MUST accept credit cards. And that is why I recommend the company www.PowerPaySolution.com which is the same company I use for both my land flipping and my other businesses.

When it comes to accepting credit cards, the subject can divide small business owners into two groups: those who see accepting credit cards as an asset and those who think they can afford to stay a cash-only business. If you are launching an ecommerce website, or even if you flip cheap land like I do, there is just no way around it – you’ll need a merchant account and payment gateway. Read more!