What is a merchant service provider?

Merchant Competitor > Industry News, Strategy and Tips > Information > What is a merchant service provider?

A merchant service provider connects businesses with the proper tools and equipment to successfully process credit card transactions.  Merchant Competitor provides a merchant bank account, processes credit card transactions, and forwards the funds from those transactions into the merchant’s bank account.  Some of the helpful tools Merchant Competitor provides are:

Point of Sale

Point of sale (POS) equipment such as portable, mobile, and virtual terminals to process credit cards.  If you’re a retail business then you know accepting credit cards is a must.  A POS system can sometimes be intimidating, but with the latest technologies that is a thing of the past.  We offer easy to use solutions that can be tailored to suit your individual business needs.  Our POS systems can be used directly on the counter or through the cloud.  Whatever you need, Merchant Competitor can make it happen!

Ecommerce solutions

We provide access to a variety of online gateways to help your business securely process credit cards through your online shopping cart. A payment gateway is a service provider that authorizes credit card or direct payment processing.

Risk Management

Risk management services to help minimize the risk of fraud for both the client, and client’s customers.  The credit card processing industry is geared toward the protection of the cardholder.  It is important to protect your business by understanding and protecting your transactions.

Loss Prevention – Protects your business and assets from potential fraud.

Chargeback Management and Education –

Address Verification Service – verify the cardholder’s address with the issuing bank.

Card Verification Value – utilize the 3 digit security as an additional layer of security.

 Customer Service

24 hour customer service is available to help you through every step of the process.  Don’t be afraid to contact us with any questions or concerns.  We want to be there to help you through every step of the process.

This is just a small introduction to the many services Merchant Competitor provides.




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