If your LLC or Corporation relies on retail or internet sales, you need a merchant account that works for you and your customers. A merchant account enables you to process credit card payments making purchasing more convenient for your customers, and thus potentially increasing sales. A retail merchant account is an account set up for businesses who interact face to face with the majority of their customers and whose customers physically swipe their credit cards through a credit card terminal. If the majority of your sales are made online or by mail rather than face to face with customers, you can opt for either a mail order or an internet merchant account. Internet merchant account rates and fees will vary with the account, but keep in mind what your business expects from its merchant account service.
