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Free Merchant Accounts: What's The Catch?
Manage episode 318121038 series 2850153
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If you're a new online business owner who wants to minimize costs, the idea of getting a free merchant account is very appealing. But make no mistake, nothing in business is ever really free. There are always fees associated with processing credit card payments. It's just a question of who pays for it – you or your customers. So be wary of so-called “free merchant accounts”. They can result in business losses in the long run.
As always, you're listening to another value-packed episode. So, take note of the solutions that will help you save money and convert more sales.
“Free merchant accounts do not exist!”
- Maria Sparagis
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