A merchant account can be defined as a relationship between a businessmen and a merchant bank that allows them to accept payments through plastic cards from their customers. All businessmen accepting credit card payments have a processing account into which the business deposits the money all transactions made through credit cards.
Advanced Merchant Services a undisputed leader of the merchant accounts industry. With over nine of years of expertise AMS has been providing unparalleled merchant 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 bank plastic within a day or two of completing the online application. AMS has an increasing of getting most with the merchant account application approved in less than 24 hours. Moreover AMS offers the most cost effective solutions in the market today. With Advanced CBD merchant account uk services you will never retain the fear of getting entrapped into a manipulative credit card 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 don’t have any way of knowing which you are 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. Money inexplicably siphoned off is the hidden fees. Some of 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. There are lots of other fees usually are covertly charged by merchant service provider and store card processing units.