Merchant Account Checklist
Important Points for Choosing Payment Processors
The following are some important points to consider when choosing or switching payment processors.
1. Flexible Payment Options for Terminals
Are you locked into long-term rental contracts? Or does the processor provide you with options to buy or lease-to-own terminals?
2. Future-Proof Terminals
Are the terminals designed to accept chip technology? Or will you be forced to upgrade at a considerable expense in the future?
3. Meet or Beat Pricing
Is the processor flexible in providing you the best available rate for your business? Can you get the best rate without having to go through a lot of red-tape or meeting very strict conditions?
4. Quick Access to Cash
Does the processor provide flexible financing to help grow your business? Are there restrictions or interest charges placed on loans, or can you get a loan that is free from fixed payments, timeframes and interest?
5. Ease of Integration
Do you need to change your existing setup? Does the processor integrate with your existing system or customized setup? Can you easily import/export your existing customer database files?
6. Real-time Reporting
Can you follow your business performance anytime, from anywhere? Can you export business reports in your preferred file formats (XML, Excel, PDF, etc.)?
7. Security and PCI Compliance
Does the processor use sophisticated fraud and security tools to protect your business and your clients? Do they meet all PCI standards, allowing your business to benefit from additional reliability?
8. Gateway with Recurring Billing, Re-billing and Customizable User Access Levels
Can you manage recurring payments to avoid potential errors? Can you immediately process transactions from repeat customers, without re-entering customer information?
9. Dedicated Merchant Support
Can the processor help you deal with any issue, including chargeback resolution, risk monitoring, etc.? Are they available 365 days/year?
10. Guaranteed Rates
Does the processor guarantee absolutely no rate increases in your processing fees?
Why Choose Upstate Merchant Advocates?
At Upstate Merchant Advocates, we partner with PayBright to deliver superior payment processing solutions. Here's how PayBright excels on each checklist item:
1. Flexible Payment Options for Terminals
PayBright offers free equipment and Point-of-Sale to qualified merchants to ensure you have the best and most affordable options. Need financing? No problem, we have installment options as well.
2. Future-Proof Terminals
PayBright provides terminals fully equipped for chip technology, contactless payments, and future innovations, ensuring you won't face costly upgrades down the line.
3. Meet or Beat Pricing
PayBright offers competitive, transparent pricing with the flexibility to meet or beat rates from other providers—no red tape or strict conditions required. We prioritize your bottom line.
4. Quick Access to Cash
Through PayBright, access flexible financing options to fuel your business expansion. Enjoy loans free from fixed payments, timeframes, or interest charges for truly unrestricted growth.
5. Ease of Integration
PayBright seamlessly integrates with your existing systems and custom setups. Easily import and export customer database files without disrupting your operations.
6. Real-time Reporting
Monitor your business performance in real-time from anywhere with PayBright's intuitive dashboard. Export reports effortlessly in formats like XML, Excel, or PDF to suit your needs.
7. Security and PCI Compliance
PayBright employs advanced fraud detection and security tools, fully compliant with PCI standards. Protect your business and customers with peace of mind and enhanced reliability.
8. Gateway with Recurring Billing, Re-billing and Customizable User Access Levels
PayBright's gateway simplifies recurring payments and re-billing, minimizing errors. Process repeat customer transactions instantly without re-entering data, with customizable access for your team.
9. Dedicated Merchant Support
Our PayBright partnership includes 365-day/year dedicated support for chargebacks, risk monitoring, and more. We're always here to resolve issues swiftly and keep your business running smoothly.
10. Guaranteed Rates
PayBright guarantees no rate increases on your processing fees, providing predictable costs and long-term stability for your budgeting and planning.