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Merchant Accounts Express is an excellent credit card processing service. Merchant Accounts Express charges a one-time startup fee of $39.00 but the discount rate is one of the lowest for an internet-based business. It has one of the lowest monthly fees for a credit card processing company.

Average Approval Rating:
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Merchant Account Express offers a 98% approval rating of all merchant account applicants, so your chances of being rejected are slim.

Cost Per Month*:
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Merchant Accounts Express has one of the lowest monthly costs, depending on the amount of business you do and the number of charge backs you have. The charges include a $14.95 monthly payment gateway fee, $5.00 Statement fee and a $25.00 monthly minimum. The discount rate is 2.27% discount rate with a $0.24 per-transaction fee. Besides the regular monthly fees, Merchant Accounts Express charges a $25.00 charge back fee and a $0.05 address verification fee.

Startup Cost:
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The startup cost for Merchant Accounts Express is $39.00, which is reasonable.

Account Setup Time:
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Merchant Accounts Express will take about three days to set up your account. Merchant Accounts Express is an ISO (Independent Service Organization).

Customer Service:
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We weren't able to reach a sales representative the first time we contacted Merchant Accounts Express. Once we left a message and sent an email, however, we received a prompt response. The sales representative answered all of our questions.

Internet Based Features:
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Merchant Accounts Express provides a merchant account, with the Authorize.net payment gateway and a virtual terminal. Along with a free demo and a shopping cart.

P.O.S./Swiper Based:
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Merchant Accounts Express offers a selection between ten different P.O.S. (Point-of-Sale) models for credit card processing at your physical business locations.

Summary:

With the 98% approval rating, quick application processing and low fees, Merchant Accounts Express is one of the finest "One Stop" credit card processing services in the marketplace.

 
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Merchant Accounts Express

Pros
High merchant approval rating and low rates overall.

Cons
We had some trouble reaching customer service. There is a startup fee.

The Verdict

In general a good service.