Edit Article How to Set Up a cbd You ll need a cbd if you want to accept credit card and mobile payments. This account will hold onto funds from debit and credit card sales. You should first shop for a cbd and compare providers. Look for low fees and ample customer support. To apply, provide required personal and business information. If your business is highrisk, then address any concerns the cbd provider might have. Steps Part Shopping for a cbd Decide how you want to accept credit card payments.
Before you can get a cbd , you need to decide exactly how your business will accept credit cards. Consider the following You ll accept credit cards via your website. You ll accept credit card payments over the phone or by mail. You want to swipe credit cards for customers who visit your business. Search for a cbd . The easiest way to get an account is to stop into your bank and ask for one. If you re a solid customer, they should explain your options. Don t immediately sign up with your bank but research other providers.
You can get a cbd through another bank or through an independent sales organization ISO or a member service provider MSP. They are middlemen who work on behalf of banks to sign up customers. You can find ISOs and MSPs in your phone book or online. Compare fees. cbd s charge many different fees, so you need to perform thorough research before selecting a provider. Consider the following fees Transaction fees. Generally, there are two fees a flat fee assessed for each credit card payment and a fee that is a percentage of each amount of the transaction.
Fees might vary depending on the type of card used e.g.,