New Brunswick Merchant Account Services

New Brunswick is famous for many things: world’s largest lobster “lives” in Shediac, Saint John has been home to famous actor Donald Sutherland, it has the highest tides in the world, warmest saltwater beaches north of Virginia, and has more kinds of whales more often than anywhere else in the world, just to name a few.

New Brunswick also, has over 45,000 small businesses services this province. Small businesses are the life line on the east coast and with many businesses come the need for payment processing. Every business these days needs to be able to accept debit and/ or credit cards to stay competitive with their neighbor’s businesses.

Many small business owners lack the knowledge to ask the ‘right’ questions to payment processing vendors when they shop around for merchant accounts. This is not something that is only affects businesses in New Brunswick, but seems to affect businesses right across Canada. A great reference is: ‘The 17 Essential Questions Every Canadian Business Owner Must Ask Before Choosing a Payment Processor.’

If you have a business or are about to open a business in New Brunswick you may want to get a rate analysis from several vendors before settling a card processor. Not doing this could result you paying much higher fees then what is necessary and this can cost any business several thousand extra dollars every single year. Money that could be much better spent on marketing that generates more sales.

Payment processing and setting up merchant account services is very important and all your “I’s” should be dotted and all your “T’s” should be crossed before signing an agreement. Unfortunately, many credit card processing companies are not upfront about all their fees resulting in many merchants being surprised and shocked when they receive that first bill. Card processing is a necessary evil in today’s market place, but merchants need to make sure they are getting a fair deal from their processor.