Hybrid Merchant Services Review
In the first part of our Hybrid Merchant Services review we will take a look at a few of the features they provide to help potential customers determine if this is the best merchant service provider to meet their business needs. Basic merchant account features include:
- Industry’s lowest rate: Hybrid Merchant Services rates are based on interchange pass through rates. Users can expect a .18% interchange and .10 cents per transaction rate. These incredibly low rates will save business owners money on every transaction that is processed, meaning the business loses less of their profit to the payment processors, credit card issuers, and merchant providers. More profit for the business means a more successful business.
- No hidden fees: All too often business owners sign up with a merchant provider that is advertising the lowest rates in the industry. What they often fail to tell you before you signup is that there are other “undisclosed” fees that the company will have to pay, often recurring on a monthly basis. Hybrid Merchant Services claims to have straight-forward pricing with no hidden or back-end fees. They make their merchant statements clear and easy to read so that you will never have a question about what you are being charged and why. There is no application fee, no setup charge, no annual fee, and no membership fee.
- No PCI fee: Many processors charge upwards of $25 in PCI fees. PCI stands for Payment Card Industry. There are several PCI standards that a merchant service provider is expected to understand and maintain. These requirements help protect the business and the end user by making sure data is secure and every transaction is protected properly. In the case of Hybrid Merchant Services, users will only pay a PCI fee if they are storing the customer’s credit card information. In such circumstances the PCI protection is required and is essential for the safety and security of all parties that are involved in the processing of the transaction.
- Business loan: Hybrid is also known for the business loans they offer, allowing customers to meet the up-front costs they have while establishing regular business that will raise the company’s overall profits. Hybrid Merchant Services promote a $250,000 per location loan that will make cash available to the company within 5 business days.
- Equipment: this may or may not be a big issue for your company. If you are in need of credit processing equipment, the Hybrid Merchant system includes free setup (a value of $95) and a free virtual terminal. Contact the Hybrid team to learn more about swiped transactions and any merchant equipment you may need.
These are the basic merchant account features a business can expect from Hybrid Merchant Services; potential customers can visit the website to learn more about the options available for a free website, shopping cart software, and SEO/SEM services.
Getting Started with Hybrid Merchant Services
After reading out Hybrid Merchant Services review, visit their website to get answers to any other questions you may have. Take their “Effective Rate Challenge” to see if you are currently paying a fair rate or talk to a member of the Hybrid Merchant Services team to ask questions and get more information. If you are ready to apply for service just click the “Apply Now” link at the top of the page and get started. The application process should take less than 10 minutes and you’ll be on your way to affordable and secure payment processing.
We are happy to recommend Hybrid Merchant Services for all of your merchant service and payment processing needs.
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