Blog | Best Merchant Rates

Listen to the Masses About BankCard USA – RUN AWAY!

In our ongoing series of posts where we expose the trickery of the credit card processing industry, we contacted BankCard USA (aka Maverick BankCard USA Merchant Services) to request more information about opening an account. Although we could have listened to all the negative reviews online, we just had to see the evidence for ourselves.… read more

Don’t Get Sucked in by a Rate!

Click here to see a full-size image. Go ahead and search Google for a merchant account provider, and you’ll see any number of rates advertised. Through a quick search of “credit card processing“, we just found six rates quoted (see image to the right).… read more

Seven Terms That GuaranteeYou’re Being Overcharged

Whether you’ve just started shopping for a merchant account or you’ve had one for years, don’t let a credit card processing company take money right out of your pocket! There are seven terms to avoid if you want to ensure that you’re not being overcharged for credit card processing.… read more

What Would It Take For Your Small Business to Start a Movement?

You may have seen this inspiring viral video on YouTube, but we came across a wonderful narration by Derek Sivers. Watch the video, and feel free to review the transcript included below. As you watch, ask yourself… If your business could start a movement, what would be your ’cause’?… read more

Are You Cultivating Creativity in Your Small Business?

Ever hired a new employee and experienced the frustration of them wanting to do things a ‘new’ way? Perhaps you’ve been selling, organizing, or administrating the same way for months (or even years) and now this ‘new’ person wants to try something that they think is ‘better.’ Rather than seeing their idea as a challenge to your leadership, what would happen if you actually cultivated space for their creative vision?… read more

Want Guaranteed Success as a Small Business? Solve a Problem!

I meet entrepreneurs all the time who are (over)flowing with passion about their new idea, gadget, or shiny-new-thingy. They’ve be drinking deeply from the well of their own Kool-Aid, and they can’t seem to get enough. One of the first questions I always ask them is… “What problem are you solving?” They usually look at me with that deer-in-the-headlights look accompanied by a “huh?” “What’s the problem?” I ask again.… read more

Curious Why “Merchant Warehouse” is Listed as the #1 Credit Card Processor?

After checking out Costco, Chase Bank, QuickBooks, and Leaders Merchant Services, our next investigation turns to Merchant Warehouse. After contacting them via their website, a representative emailed us back with the following information: There is NO CONTRACT and a $0.00 Cancellation Fee.… read more

Top Credit Card Processors (to Avoid)

When we launched Best Merchant Rates in 2005, I was already aware of how much “bait and switch” was going on in the merchant account industry. We set out to be unique – to actually provide full disclosure with transparent pricing.… read more

“Leaders Merchant Services” is Leading the Way With Hidden Fees!

In our ongoing series of exposing the trickery of merchant account companies, we decided to contact Leaders Merchant Services to take a look at what they offer. With a quick Google search, you’ll see that they advertise under the url www.rockbottommerchantaccounts.com.… read more

Best Merchant Rates Featured in Major Publications

With the start of our new web-based education series, Best Merchant Rates is directly addressing the confusion that many small business owners experience in the process of acquiring a merchant account. By investigating specific merchant account providers such as Costco, Quickbooks, Elavon, and Chase Bank, we are highlighting hidden fees and escalating rates that aren’t discovered oftentimes until the merchant’s first statement arrives.… read more