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merchant account early cancellation fee

Does Your Merchant Account Have an Early Termination Fee?

After reviewing a few dozen credit card processors, I’ve started to see a pattern of sticking points that unhappy merchants repeatedly complain about. One of those points is the early cancellation, or early termination fee. I can’t count how many complaints I’ve read from folks who’ve lost their marbles once they’ve found out that they […]

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Sep 21, 2009 Filed under: Credit Card Processing 16

Cynergy Data Files Chapter 11…Ouch!!

I was surprised to see this one coming. Probably because they appeared more profitable than they actually were. In an affidavit, Moore, a senior managing director of CM&D Management Services LLC, said he was hired after Cynergy discovered accounting errors in March 2009. He said these errors misstated revenue and expenses for 2007 and 2008, […]

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Sep 1, 2009 Filed under: News 0

Setting Up a Merchant Account: The Quick Guide

It’s a daunting task…or is it? Merchant account setup doesn’t need be a hassle. Of course it may seem so, especially when you first dip your toes in the process, but with a little advice from the Maverick, you’ll be up and running in no time, and hopefully, without any stress. I’ve broken the process […]

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Aug 7, 2009 Filed under: Credit Card Processing 2

Welcome to

Merchant is a no-nonsense review, ratings and comparison site for merchant accounts, credit card processors and payment gateways. If you haven’t had a chance to read the “About” section yet, you can do so here. You can also visit the “About Our Ratings” section to learn about our reviewing and rating process. To Learn more […]

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Jul 1, 2009 Filed under: News 2