Choosing the right merchant account provider can be a daunting task for any business owner. Providers may charge additional fees for online credit card processing, early closure of an account, or even the use of a lower subscription plan. Companies that operate seasonally often have to pay higher credit card processing fees than those operating year-round. Finding the right supplier for your seasonal business can help you reduce maintenance costs and avoid additional costs.

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The first thing you need to know is that a merchant account is a separate account that contains all the money you receive when customer payments are made. A merchant account provider will set you up with a merchant account, allow you to process all credit and debit card sales through them, and then transfer the money into a designated business account to enable you to access those sales.

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Payment Service Providers (PSP)

Small businesses do not necessarily need their own merchant account to process credit or debit cards. That’s why you can consider using a payment service provider if you are a seasonal business. With PSPs, your business account is “aggregated with other merchant accounts” instead of getting its own identifier, according to Merchant Maverick. The cost of an individual account can add up if you do not pay attention and it costs you more money than you deal with credit or debit cards.

PSPs allow businesses to pay monthly instead of annually, which can reduce maintenance costs. However, accounts via PSPs are more vulnerable and may be terminated or frozen due to fraud. This can be a serious problem if your business relies on its customers who use credit or debit cards to purchase items or services.

Traditional merchant accounts

Your business will receive its own merchant ID if you choose to use a traditional merchant account. This will help identify your individual business with banks and credit card associations instead of being bundled with other merchants. According to Merchant Maverick, merchant account providers “offer a host of ancillary services, including PCI security scans, customizable payment gateways for online payments, eCheck support and many more. “. This allows your account to monitor and reduce fraudulent activity. The only drawback for companies interested in traditional accounts is rising fees. Larger companies or those who receive more card payments than money would benefit from these types of accounts because of the security that reduces the risk of losing the account. (Interested in a credit card processor for your small business? Check out our best selections and reviews.)

Features to consider

Seasonal businesses can reduce the cost of maintaining the account by checking for hidden fees and finding a provider to choose which services a company can receive and has multiple packages. If you are a seasonal business, here are some things you will want to look for from an account provider.

Tariff plans

Most merchant account providers offer only one plan, which can be difficult for seasonal businesses due to any additional charges. Most of these providers will charge extra for closing an account or keeping it open for months. This can cause seasonal businesses to accumulate maintenance costs that they can not afford. It is important to look for a vendor offering a variety of plans and transparently indicating what fees you will pay and what services are included in the plan. Seasonal businesses often do not need all the services of big plans, that’s another thing you should be wary of.

Some providers, such as Fattmerchant, charge a flat fee each month for all credit card processing done by your company. Fattmerchant offers several pricing formulas, depending on the needs of your business and the amount of money you process each year, making it an excellent choice for seasonal businesses. There are packages with fixed fees for all treatments done, but there are also packages with monthly fees and fixed transaction fees. Fattmerchant is transparent and gives you a say on the plans, fees and services you receive.

Seasonal businesses that are low volume accounts may want to consider a provider with fixed rate plans. Those who are larger volume accounts may wish to consider providers with an Exchange Plus payment option, which allows you to pay the interchange fees set by the credit card companies with a small fee in addition to the ‘exchange.


It is difficult for account providers to simply activate accounts “at the click of a button, and they tend to view seasonal merchants as an unreliable source of revenue,” according to So, providers often charge high fees to keep the account open while you do not receive payments or even higher fees if you close the account sooner. Seasonal businesses wishing to close an account during the off-season should consider a vendor who does not charge an early termination fee.

A merchant account provider may charge other types of fees. When you use a supplier, your company will pay for the service, whether once a month, once a year, every two years or a package determined by the provider. Interchange fees, calculated by the credit card companies, will also be charged. Businesses handling credit or debit cards will be charged an interchange fee, which varies by card type. In general, debit cards have lower interchange rates than credit cards.

If you opt for a traditional merchant account provider, you will be charged an additional fee in addition to the exchange, which is a processing fee. Payline offers on its website a processing fee calculator that asks you to enter your credit card acceptance method, the average transaction amount and your monthly processing volume. It provides an estimated monthly cost for processing, an average based on all card mark fees, monthly fees and markups assessed by Payline.

In person and online

Most merchant account providers offer card processing in person and online. It is important to clearly explain how you want to accept the payment. Most providers charge more for both keyboard and online payments than for scanned cards. Suppliers such as Square charge 2.75% for a scanned credit or debit card and 3.5% for a keyed credit or debit card. Payline applies a low rate of 0.25% for swept and seized debit cards, and from 1.71% to 1.9% for scanned and seized credit cards. To reduce costs, you will have to evaluate these rates, especially since they vary from one provider to another.

If you live in a physical store, you need to look for a vendor that includes a point-of-sale system or a device. These can be expensive to buy or upgrade if they are separate costs. Some providers charge additional fees for the purchase, replacement or return of terminals. CDG Commerce includes in its packages a point-of-sale terminal of $ 39 per month, plus transaction fees, or $ 79 per month with protection against hardware replacement.

If you are an online or online merchant, you will want a provider supporting your business with a point-of-sale system and a payment gateway. Shopify is primarily intended for online businesses, with a point-of-sale application that processes cards via a swiper that easily attaches to a mobile device or tablet. He also has access to your online store. Shopify is ideal for seasonal merchants who want to accept payments into their store on a smart device and / or online. The payment gateway of Shopify is Shopify Payments. However, if you choose to use an external payment gateway, Shopify charges additional transaction fees.

PCI compliance

According to Otava, “a PCI-compliant hosting provider should provide multiple layers of defense and a secure data protection model that combines physical and virtual security methods.” Virtual security includes authorization, authentication, words passwords, etc. network cabinet locks. “If you want more secure data and transactions, you will need to find a PCI-compliant merchant account. If the provider is PCI-compliant, it should create a secure network, protect data on the client card, maintain a secure network with antivirus software, and adhere to an information security policy.

Customer service

Customer service access is one of the most important things you want from a supplier. Seasonal businesses need a 24/7 vendor to answer their questions, provide solutions, and tell them how to open or close their accounts.

Fattmerchant, CDG Commerce and Shopify all provide 24/7 technical support. CDG Commerce is a family-owned service provider, enabling it to take care of its customers and improve its services to meet their needs. The company promises transparency, control, security, and dedicated staff to help you grow your business. Shopify advertises its various support channels – phone, email, and live chat – while Fattmerchant is proud of true human communication over the phone.

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