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Mail Order/Telephone Order Merchant Merchant Account
If you expect to receive your orders by mail, fax, or phone, then it is suggested that you use a virtual terminal service. This is a secure website that you can log into and manually enter your transactions online. Your information is securely processed and the money will be deposited into your account within two to three business days. This service comes with most real time processing solutions at little or no additional cost.
When you open a merchant account for your mail order/telephone order business, you should expect to pay a higher discount rate than retail account since there is a greater chance of fraud when the credit card is not present.
If you need help finding a MOTO merchant account provider, you can click here to search our database. Just be sure to select “Mail/Phone Order” as your business type so that your search will return results that meet your business criteria.
Merchant Accounts with no application fee
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