Default HubSpot Blog

Current Articles | RSS Feed RSS Feed

Merchant Services in Denver

Posted by Alex Neir on Thu, December 20, 2012 @ 12:30 PM
Merchant Services in Denver
Looking for a merchant service provider in the Denver and surrounding area? Choosing a local provider can be a great benefit as a face to face relationship establishes trust on both sides of the account. With so many merchant service providers offering service it can be overwhelming to select one.

The first piece of advice when selecting a merchant service provider in Denver, allow enough time to evaluate the company, proposal and contract. Rushing into an account will ensure a bad experience. Rates for accounts in Denver can vary greatly and so can the contract term.

Here are a few items to consider when evaluating companies in Denver.

  • Experience – An important aspect of selecting a provider is their experience and history. Look for companies that have been in business for over 10 years. Also, inquire as to the specality of the firm. Make sure they specialize in the type of account you are looking for.
  • Merchant Attrition – This is a fancy word for merchant turn over. Ask what the attrition rate is. The higher the rate the more turn over there is with merchants that work with the provider. This is a good indication that the provider does not have the merchants best interests in mind.
  • Services – What services are offered and are they complementary? Many providers will offer a number of different services and thats great if they complement one another. Problems arise with firms that try to do too much for too many.  Select a firm that concentrates on electronic payment processing.
  • Rates and Fees – As mentioned earlier, rates and fees can vary dramatically from provider to provider in Denver. There are also many different pricings programs that can be set up. Familiarizing yourself with pricing can be a huge savings when negotiation the account. Here is a great reference on merchant account pricing.
  • Technology – The technology the provider offers will be an indication of their business investment. Make sure they offer leading technology. This is especially important in the ecommerce industry.
  • Customer Support – Mentioned last in the list but is absolutely the most important aspect when selecting a provider is the support. Make sure you select an merchant service provider that offers a dedicated representative as well as 24/7 tech support.

For more help with selecting the right merchant service provider in Denver, download our merchant services survival guide.

Tags: Selecting a Merchant Service Provider, Credit Card Processing Denver, Denver Merchant Services

Small Business Startup – Setting Up a Merchant Account

Posted by Alex Neir on Tue, August 09, 2011 @ 10:32 AM
Denver Credit Card Processing

Small Business Startup – Setting Up a Merchant Account

Starting a small business can be equally vexing and liberating.  Any given enterprise can present the ambitious entrepreneur with a wide array of perplexing variables.  Paramount to the success of any consumer based business, particularly one in a metropolitan environment such as Denver, is the ability to accept the widest possible selection of payments. 

  1. Denver credit card processing can be handled by an assortment of merchant banks, easily found and readily available. What follows is a concise list instructing the determined business owner on how to obtain such an account. 
  2. Complete a merchant account application.  This is a standard form in which basic information relating to both the business as well as personal information about the owner is collected.  Details such as social security number, address, contact info, and bank account information are all required inclusions.  
  3. Agree to a personal guarantee, accepting liability for all debts should the business fail.
  4. Provide necessary documents of business identification. These include Articles of Incorporation, or, if the business in question is a sole proprietorship, a list of all Doing Business As (DBA) names.  In addition if the business requires a license to operate this must be presented as well.
  5. Three months of financial statements pertaining to the business are typically required. In the event that the business has already been accepting credit cards and is simply looking for new service, recent processing statements will also be necessary.
  6. Provide a voided check from the bank account associated with the business, opened with the listed DBA name.
  7. Submit to a credit check.
  8. A local inspection is required to determine if the physical facilities of the business are sufficient to conduct the owner's intended service.
  9. The owner must clear a check of the Terminated Merchant File.
  10. Lastly, a satisfactory examination must be made of the owner's previous merchant agreements if applicable.

The process of starting a Denver credit card processing account is quick and easy once your business is organized and ready to go. Please give us a call at (800)917-8026 if you would like to get started with a credit card processing account.

Tags: Merchant Account, Credit Card Processing Denver, Denver Merchant Services

How to Find a Good Merchant Service Provider in Denver

Posted by Alex Neir on Fri, August 05, 2011 @ 01:58 PM
Denver Merchant Services

How to Find a Good Merchant Services Provider

Partnering with a strong Denver merchant services provider not only enables a business to facilitate timely payment processing, but to deliver quality end-user customer service. If your business isn’t currently utilizing merchant processing to accept debit and/or credit cards, you are certainly missing out on a significant piece of consumer or business-to-business sales.

Locating a Merchant Services Provider

As with most professionals, the best are often discovered through referral networks. When seeking to partner with a new organization, be sure to ask for referrals from trusted business associates, clients and your network of friends. In addition to scanning your current network, you can also locate a merchant services provider via completing an online search. Once you have narrowed your initial search to several organizations to evaluate, you will need to develop a list of questions of which will provide you with answers to compare against.

Selecting a Merchant Services Provider

When choosing a good Denver merchant services provider, keep these factors in mind:

  • Experience - How long has the organization been in business? What are the company’s customers saying about the services offered? What does the Better Business Bureau have to say about the firm?
  • Services Offered - Competitive merchant services providers offer a wide range of services, extending beyond addressing the basic processing needs of your business. And most, will offer these basic services at no cost to their customers.
  • Rates and Fees - What are the monthly or ongoing rates and fees for the services offered? Can you review those terms in writing? Is there a monthly limit on the transaction volume? If so, what rates will be assessed? Will you be assessed an application fee, set-up fee or installation fee?
  • Technology - Does the company use the most up-to-date technology for processing transactions? How often can you expect the technology to be updated?
  • Customer Support - Does the company offer 24/7 live customer service? What is the expected response time for addressing technical issues?

The most important decision when selecting a merchant services provider should be the level of value you are receiving for the level of service provided. Spend time performing not only your initial research, but with gathering facts about the firms you are considering to ensure that you select a Denver merchant services partner that meets or exceeds 100% of your requirements.

Click me

Tags: Benefits to Local Service, Credit Card Processing, Denver Merchant Services

Merchant Services in Denver, CO – Top 3 Benefits

Posted by Alex Neir on Tue, July 19, 2011 @ 02:50 PM
Merchant Services Denver

Merchant Services in Denver, CO – Top 3 Benefits

Are you looking for a merchant service provider that is local to the Denver and surrounding areas? Maxx Merchants located at 609 E Speer Blvd., Denver,CO,80230 specializes in merchant services and credit card processing. Maxx Merchants has been dedicated to helping small and medium sized businesses establish fast, easy and reliable payment processing since 2001.

Maxx Merchants specializes in account creation for retail merchants, phone order merchants, and internet merchants. We have a very robust payment gateway that is easy to integrate to almost any website and facilitates payment processing from the iPhone, Android and Blackberry mobile operating environments.

Maxx Merchants has built its success through emphasis on customer services. We have dedicated technical support staff ready 24 hours a day, 7 days a week to assist with any processing related issues. All support staff have access to back end networks to ensure expedited resolutions. This means that all support related inquiries are resolved on the initial call. 

What are the top 3 benefits to selecting a merchant service provider in Denver?

Personalized Service – When you select a local merchant service provided you get the benefit of a more personalized experience. It starts of with al face to face meeting to discuss the specific needs of your business. The application process is discussed in detail and explained thoroughly. A detailed explanation of the support materials needed to accompany the application into underwriting is given. The application is explained and completed. Once the application is approved, installation is handled personally and all systems are tested to ensure proper function and speed.

Expedited Issue Resolution – Another benefit of local merchant service in Denver is expedited issue resolution. There is something very reassuring about being able to call your account representative with any problems and having your rep available to assist first hand.

On-Site Consultation – One of the greatest benefits to local merchant service in Denver is on-site consultation. Consultation includes best practices in solution set up, installation accuracy with full testing and continued follow up to make sure everything is running efficiently. 

Click me

Tags: Benefits to Local Service, Credit Card Processing, Denver Merchant Services