Guide to Wachovia Merchant Services

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.