Every retail storefront needs the ability to accept credit cards and other payment methods from their customers. But before you can begin to accept credit cards and other payment methods from your customers, you will need to open a merchant account for your retail storefront as well as purchase the proper equipment to process the payments.

When you open a merchant account, you will want to receive a package of software and equipment tailored to meet the needs of your retail business. However, this is easier said than done. The fact is not every merchant account provider offers businesses the best rates and services for their credit card processing service. This is why it is extremely important to do your research to get the lowest rates and the best services designed with your business in mind. Consider the following tips to help you find the right merchant account provider for your retail storefront.

The option to have a wireless or landline: A typical retail storefront may only need a landline in order to accept credit cards. However, if you want to take your business on the road, you will want a terminal you can bring with you.

The ability to accept credit cards online: Online merchant credit card processing is not just for ecommerce businesses anymore. While you may operate a brick-and-mortar retail shop, chances are you have a website. Why not sign up for online credit card acceptance services? Find a merchant account provider that offers the ability for you to receive manual transactions via a secure website connection, retail store, or wireless device.

The option to use hardware- or software-based terminals: While most merchant account providers offer one option, you will want to find a company that provides both options. Have the choice to utilize a stand-alone credit card authorization terminal or PC-based software with magnetic strip readers for credit card processing.