Wachovia merchant services can help your business process and deposit payments quicker than ever. With the rise of debit cards and online shopping options, consumers are demanding more payment options. Wachovia Bank can help you find the right banking solutions for your business.

Wachovia merchant services go beyond a simple small business banking account. Along with merchant services, these services are offered through Wachovia merchant account:

1. Wachovia ecommerce solutions, such as online banking (including deposits), recovery of funds from bad checks and investment management.

2. Credit cards and small business loans to help your business grow.

3. HR solutions such as payroll services and employee insurance benefits.

4. Dynamic currency conversion, which makes it easier for international customers to do business with you. Customers can pay you with their own currency through their credit cards.

Action Steps
The best contacts and resources to help you get it done

Compare Wachovia's rates and services with other companies

Before signing up, talk to your banker about Wachovia merchant account fees and other important features they offer. Make sure you get information on setup fees, security features and what kind of equipment is required.

I recommend: Leaders has a comparison chart that outlines what kind of fees are involved with merchant accounts. Wachovia has a small business FAQ page which can help to answer some of your questions. Speak to a Wachovia representative in person by calling its line for business banking sales assistance.

Contrast your Wachovia ecommerce solution with that of other banks

Rates aren't all that you should consider when evaluating Wachovia merchant service. These days, more and more businesses use the web to conduct their banking and there are more customers buying online than ever before. Make sure the bank you select has the right ecommerce solutions for your business.

I recommend: Check out Wachovia's merchant connect service, which lets businesses go online to access their payment processing account. Find out how to save your self a trip to the bank by scanning in deposits online. Take the business online tour to find out what other kind of services Wachovia offers.

Research Wachovia's payment processing options

There are several ways for customers to pay for their goods and services. Wachovia offers options including electronic gift cards and electronic check services.

I recommend: Wachovia offers electronic gift cards that customers can use on your website. Use Wachovia’s electronic check service to convert checks into electronic transactions.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Make sure you do your homework on Wachovia merchant account rates before you sign up. You want to know exactly how much you will be paying before you receive the first billing statement.
• •  The payment solutions for industries vary widely so make sure you are making the right choices for your industry. Research Wachovia bank merchant services carefully to find the right solutions for your industry.