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Authorize.net or BofA for credit card processing?

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marc100

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Right now I just got signed up with Authorize.net and e-onlinedata.com, they're underwriting it now.

Then I happened to be at Bank of America today and mentioned my business and they told me they have a merchant processing department, and they offer $500 if they cant give you a better rate than your current processor. Bank of America Merchant Services

I was wondering if theres any huge reason NOT to go to BofA for business services, or if it doesnt matter.

I dont have any rates on anything yet as they're still underwriting it all, so I cant compare rates.
But I do have 30 days to leave Authorize & e-OnlineData, so if I do change I need to do it soon.

What is nice for BofA is that I already have a business account with them, so it would be easier to transfer money right into my account.

Thanks for any opinions
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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