Average Approval Rating:  

Gotmerchant.com approves around 99% of its applicants which is higher than most companies. They don't charge an application fee.

Cost Per Month*:  

This service is about average priced with a monthly statement fee of $10.00, $9.95 for the gateway fee and a transaction cost of 25 cents for Internet and Retail. You can also choose to not pay a set up fee and pay $14.95 per month instead of the $9.95 for the gateway fee. Other fees include an address verification fee of 5 cents, the Internet discount rate is 2.19% and the retail discount rate is 1.69%. Most of their fees are about the same as everyone else, with the exception of their statement fee which is a bit on the high end.

Startup Cost:  

For internet and eCommerce support, Gotmerchant.com offers a couple of options. The first is to pay a monthly charge of $14.95 with no setup fee. The alternative is to pay a $49.00 setup fee then just $9.95 monthly. Most other costs, like retail services, are charged at a comparable rate, with the exception of wireless credit card terminal accounts which are about $780 for the device and $20 per month for wireless access.

Gotmerchant.com is currently offering TopTenREVIEWS readers a $20 discount on the gateway start up fee if you mention TopTenREVIEWS when establishing your account.

Account Setup Time:  

New accounts can generally be set up in a single day, sometimes two. Surprisingly, they don't provide digital applications which could speed things up a bit.

Customer Service:  

Gotmerchant.com credit card processing services provides 24/7 support via telephone, email and fax. They also publish a few articles and resources online but they don't provide help and support pages.

Internet Based Features:  

This credit card processing company can provide you with everything you need to process credit cards for an online business, including shopping carts, through their affiliates and a payment gateway with Authorize.net or another payment gateway of your choice. They also provide a virtual terminal and payments process and clear your account in 1 to 3 days. Transactions are processed using an encrypted Secure Sockets Layer (SSL) connection and they can provide three digit security code verifications and address verifications.

P.O.S./Swiper Based:  

For brick-and-mortar retail establishments, Gotmerhcant.com can offer a variety of compatible credit card terminals, including Nurit, Hypercom and Verifone PIN Pads. They also offer services for processing checks, gift cards and loyalty cards. Additionally, they can provide computer based POS services with a card reader and printer.

Gotmerchant.com can set you up with everything that you need to start processing credit cards or other forms of payments quickly. They offer a variety of retail solutions, Yahoo store compatibility and a selection of payment gateways. For more reviews of the best credit card processing services, see Flagship, Merchant Warehouse, and goEmerchant.