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June 9, 2009

MERCHANT BANK ACCOUNT – where should I set one up?

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merchant account
Finnale asked:


I already have the site using CyberSource for the processing, but not sure what bank or service would be best to set up the merchant bank account…

We’re not talking about major traffic or $ amounts into the account (maybe a couple thousand $ pe rmonth and I will be writing checks out of the account too). I don’t want to be locked into a contract or have too many upfront fees…. I’ve looked at Weels Fargo, and someone recommended Chase… I already bank with WAMU and HSBC… have been thinking of switching my checking to USAA…

Your suggestions are much appreciated – thanks!!

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June 12, 2009
Reply

Dr. Deth @ 12:21 pm #

If you already have a business checking acct, the best place to check is your existing bank. If it’s for an internet related business, it’s a little tougher.

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