Merchant Services Available for Businesses in Washington

February 23 01:21 2021
Merchant Services Available for Businesses in Washington

Those looking to open a retail store or start a business will need a way to process payments from their customers. Many customers are skipping cash and using debit and credit cards to pay for food, goods, and services. This means that every business will need a way to accept this type of payment from their customers or miss out on sales.

What is Merchant Services?

Many people who are not in retail or business have not heard of merchant services. Merchant services is a broad category that refers to a company having the ability to process debit and credit card payments from customers through secure encrypted devices. offers this type of service to their Washington-based business customers and helps them process payments from customers.

How Does it Work?

A customer will produce their card, and the business will swipe the card for payment. The merchant service company will check the customer’s account and either approve or deny the charge. If the transaction is approved, then the business accepts the customer’s digital payment. The merchant service company will deposit the funds into the business’s financial account minus their fees and charges.

It Takes Money to Accept Money

When a customer makes a payment with a credit or debit card, processing the payment is not free for the business. Many customers do not realize that it costs a business a small fee to accept their non-cash payments. The fee can vary between banks, credit unions, and credit card processing companies, so check with for information on the current payment processing rates.

Make Sale Tracking Easy

Small businesses that use merchant services may also be able to easily track their business sales. There will be a record of all cashless digital sales, and a business owner can easily see their sales for the day, week, month, quarter, and year. This can be an easier way to track sales versus trying to keep up with cash payments.

Other Business Banking Services

Many small Washington businesses choose to have all of their banking services with the same financial company that handles their merchant service processing. Using a credit union to process payment from customers means that the same credit union can handle all of the small business’s financial accounts. This may include small business checking accounts, loans, cash management, business credit cards, and rental property loans from

Every Business Needs a Merchant Service Account

In conclusion, every Washington small business needs a way to process payments from customers. Cash is becoming a thing of the past, and many customers prefer to use their debit and credit cards to pay for goods and services. This is why every business should have a merchant service account set up with their credit union so that they have a way to process and accept card payments. 

WECU is a not-for-profit financial cooperative that has been serving individuals and small business Washington customers since 1936. They offer competitive rates, low fees, and have over 130,000 customers.

Media Contact
Company Name: WECU
Contact Person: Media Relations
Email: Send Email
Phone: (360) 676-1168
Address:PO BOX 9750
City: Bellingham
State: WA
Country: United States