A merchant service provider is a third party organization that offers its services to assist in managing a merchant’s payment processing. The company will also help to maintain a viable merchant’s account with the use of a MasterCard, Visa, as well as other card networks. The firm charges a merchant discount rate intended for payment processing as well as account management services. One such company is Dharma Merchant Services. This is a reputable credit card processing company created for small to large sized companies. The organization has transparent as well as competitive pricing. This makes it an appealing option for many companies.
 

Company Profile

 
Founded in 2007, Dharma Merchant Services goes beyond helping businesses to understand the costs associated with processing payments. The company suggests that smaller companies joining the industry (with very limited processing volume) should seek merchant services from firms such as Square as well as PayPal. For its target market, the firm utilizes interchange plus pricing. This is a transparent cut-fee structure in the sector of payment processing. These rates are generally not just competitive but cheaper compared to most other companies providing the same services.
 

Services

 
Dharma Merchant Services also imposes monthly charges on its clients. The fees can increase costs. If a client is getting into the business of card processing, they are advised to work with processors for startups. Headquartered in Vancouver, Washington, Dharma Merchant Services combines industry expertise with ethical business practices in order to cater to small businesses, nonprofits, as well as restaurants. The management uses philosophical convictions with their acumen for business to provide excellent merchant services. Dharma Merchant Services boasts of having the best advertising and sales strategies. They employ interchange-plus pricing coupled with a viable billing option for clients. The company doesn’t impose account application fees, annual fees, or monthly minimums. The management won’t charge PCI compliance fees. Dharma Merchant Services offers three main packages for customers to choose from. They include packages for E-commerce businesses, storefronts, as well as restaurants. The fees imposed differ slightly. This highly depends on the solution an individual chooses. Irrespective of the plan an individual selects, Dharma Merchant Services offers viable services to cater to all clients.
 

Software for Business

 
Dharma Merchant Services offers back-end software to allow businesses to accept credit card payments. These payments offer a technical backbone needed for an individual to have their credit card reader to communicate with clients’ card providers. This allows clients to get paid quickly. Dharma also focuses on small businesses that usually conduct over $10,000 in various credit card transactions monthly. The firm is prominent for offering transparent pricing as well as features that make complex systems less complicated for clients to understand.
 

Additional Information

 
The company provides a practical shopping experience for its merchants. They offer a broad range of packages needed. Here are a few services:
 

• Merchant Accounts: Dharma mainly employs First Data as the processor. Although some of the processors may not offer merchants the best services if they are set up directly with the processor, Dharma has negotiated specific rates and deals for their merchants. All of these provide outstanding service for the merchants.
• MX Merchant: MX Merchant is Dharma’s online account platform as well as a reporting system. It is included in every merchant’s account.
• Payment Gateway: For E-commerce clients, the company provides an option between NMI and Authorize.Net.

 
The platform offers a great solution for many small enterprises. If you are in the market for credit card processing, check out our top rated companies.