THE POWER TO

help your business run smoothly

Our Merchant Services solutions integrate banking and payment systems, helping your business become more streamlined.

 

Seamless, personalized payment solutions

See how a few of our capabilities can help you keep business running smoothly.
Cash flow

Manage cash flow

Offer customers more ways to pay and access funds as soon as the same business day.1 

Employees

Focus on employees

Easy-to-learn hardware and software and staff management tools with customized roles.2 

Improve your business

Improve your business

Manage operations seamlessly with tools to reward customers and protect payment data.3 

Bank with convenience

Bank with convenience

Effortlessly view and manage your accounts in one place, with 24/7 technical support.

Why choose Bank of America for Merchant Services?

We provide a wide variety of point of sale systems to choose from—but that’s not all. We go beyond just payments to give you what you need to succeed.

Clear, transparent and simplified pricing ensures you always know how much you will pay for each transaction. Plus, we offer no-fee, same-day funding for qualified account holders,1 along with custom pricing.

Say 'yes' to convenience:
No long-term contracts
No hidden fees
No early-termination fees

Enjoy Simplified Pricing Rates:

Swipe, dip and tap:
2.65% + 10¢

E-commerce:
2.99% + 30¢

Keyed:
3.50% + 15¢ 

Our payment terminals come with the supplies you’ll need to get started so you can get up and running quickly.

Virtual Terminal—Need the ability to process payments virtually or over the phone? The Virtual Terminal makes it easy for you to sell in a number of different ways.4

Just need to take payments?—With our Basic Payment Solution, you can easily provide a wide variety of payment options and deliver a great customer experience at checkout.

A smart POS system—Take care of time-consuming administrative tasks with a system that goes beyond payments to easily manage employees, inventory and more.2

Get quicker funds—Access funds as soon as the same business day.1

Offer a range of payment options—Credit, debit, digital and virtual terminal payment acceptance and processing.

Give customers the options they want—Accept dip, swipe, keyed and contactless payments.

Cutting-edge data security is included in all our solutions, like encryption and tokenization that help protect businesses and customers alike, all at no extra cost.3

End-to-end encryption—Enjoy peace of mind knowing your clients’ sensitive card data is converted into unreadable code before it leaves the payment terminal and is never available unencrypted.

Tokenization—When card information is entered, the process transfers the card number to a unique token, minimizing risk for you and your customers.

PCI Compliance/PCI Assist—Our PCI Assist tool helps ensure you adhere to the mandatory Payment Card Industry (PCI) Data Security Standards. You can use PCI Assist to easily complete the required annual revalidation process and to access free security policy templates. PCI Assist is included in your Merchant Services account at no extra cost.

Preferred Rewards for Business members enjoy many rewards and ways to save including a processing rate discount on Merchant Services when they are enrolled in the Simplified Pricing plan. Learn more about what Preferred Rewards for Business can do for you.5

Rate Discounts
Gold: 0.05%
Platinum: 0.07%
Platinum Honors: 0.10%

For example, a Platinum Honors member with a 0.10% discount qualifies for these rates:

Swipe, dip and tap:
2.55% + 10¢

E-commerce:
2.89% + 30¢

Keyed:
3.40% + 15¢

Effortlessly view and manage Business Advantage and Merchant Services accounts all in one place.

View full screen

Screen of business advantage and merchant services accounts

24/7 Support—Get peace of mind knowing you have help whenever you need it with 24/7 U.S.-based technical support. Plus, we have experienced merchant consultants at your service.

Find the right solutions for any business