Requesting Bids for Merchant Accounts

When you're ready to talk to merchant account providers, you can save time by sending your requirements to a service that connects you with providers who will bid for your business. The process is safe and secure (your information isn't resold). The bid request form from our partner, BuyerZone, asks you a set of questions that match your needs with merchant account providers who can support your business.

Here is a little background on key questions that will help merchant account providers define your needs. We explain some of the considerations behind each question so you know how to give answers that will get your business just what it needs.

In fact, these are questions that almost any merchant account provider would ask in order to understand your business, so the background should be useful whether you go through bid request process or shop on your own.

Does your business currently accept credit cards?
Scott Healy, VP of Marketing and Product Management at BuyerZone.com, says “A business that has been accepting credit cards will have an established history of charge and chargeback volume, which impact the rates the merchant accounts provider can offer.”