A merchant account can be described as a relationship between a businessmen and a merchant bank that allows the particular accept payments through plastic cards from their customers. All businessmen accepting credit card payments have a merchant account into which the business deposits the money from transactions made through playing cards.
Advanced Merchant Services a undisputed leader of the merchant accounts industry. With over nine of years of expertise AMS has been providing unparalleled marijuana merchant account account services to its clients, since credit cards became the buzzword for financial trades. Advanced Merchant Services offers a variety of secure, all-inclusive, highly cost-efficient, financial processing solutions. With Advanced Merchant Services, businessmen can start accepting payments in credit cards within a day or two of completing the internet application. AMS has accurate documentation of getting most from the merchant account application approved in less than hrs. Moreover AMS offers the most cost effective solutions in the market today. With Advanced A merchant account you will never purchase the fear of getting entrapped into a manipulative merchant account riddled with hidden fees and bogus charges. Hidden fees are basically of two types:
oThe kinds that are overtly mentioned in the contract, but you not have any way of knowing that you are currently actually being overcharged till you compare the rates.
oThe kinds that are not charged immediately but get deducted once the honeymoon period is over.
There is also a third kind. These are indiscernible non titled fees that can only be ascertained after carefully deducting the fees and charges and from deposits. The cash inexplicably siphoned off could be the hidden fees. Some on the bogus fees charged by most Merchant Account Services include Chargeback fees, Retrieval fees, Termination fees, Gateway fees, Gateway per Item fees, Minimum fees, Over limit fees, Voice AVS fees Annual fees, Statement Fees, Customer Support fees, Technical Support fees. You’ll find of other fees usually are covertly charged by merchant service provider and banking processing units.