We are one of many companies today that offer credit card processing through the Discover Network. Using us to setup the entire process also enables you to accept other payment types such as Visa, MasterCard and America Express. But of course if you are only interested in processing payments with just Discover then we can provide just that. Our entire process is easy and quick. In a few days from now, you will be able to securely process credit cards over the internet or in a retail store. Adding additional payment options can drastically increase sales of any business. This is also a convenience to your clients and customers and instantly establishes your credibility as a serious business.
Discover merchant accounts are offered to US Based businesses and organizations but will successfully process an international card electronically. What we mean by electronically is you are either accepting payments via phone or web. And obviously if you had someone visiting your store from another country, you can still process their transaction with the card that they present to you to swipe. Currency conversion is automatically done. At the checkout counter, when consumers see the various options to accept payments, this gives them more confidence and makes them a loyal customer. The average shopper has three different type of credit card and maybe next time when they come back, they will plan on bring a different one to your store.
This sort of electronic payment solution is free as we can have you up and running without having to charge you anything to do so. Whether we are talking about tiered pricing or interchange pricing to process a Discover credit card is slightly higher than the Visa and MasterCard but less expensive than American Express. The only difference with the two major card type is the per transaction fee which is typically a few cents higher. One you are setup with an account you will have 24 hours a day access to see processing volume analysis by queering daily reports and reviewing settlement information, chargeback management data and much more. Additionally, the web client interface offers functionality available to you by simply signing onto your account if you have internet access. All of our clients enjoy the 24 hour, round the clock customer support that we provide.
Data has showed that Discover Financial Services will reach about 98% of acceptance by merchant in 2011. This figure is about 22 basic points higher than 5 years ago. This was due in part to the company partnering up with third party merchant service providers and making it easier for them to acquire their services. A few years ago, merchant service providers had to present an entirely separate form for businesses to sign before they get setup. But now there is no extra contract that is involved and simplified the job of independent sales organization by eradicating the difficulty of trade with different service providers. The entire process was streamlined for retailers, restaurants and small specialty boutique shops to get sign up.
Many people don’t realize that Discover is owned by Morgan Stanley, a publically traded company. The company now has more than 52 million cardholders
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