GoDaddy Merchant Account, A Simple Review
So, you are considering making a GoDaddy Merchant Account
You’ll be wondering if it’s a good choice for you, if its feature set compares well to other options on the market, and if it is priced affordably enough for what you get.
This article will break all that down for you and more.
Plus, at the end of the article you’ll find links to alternatives to GoDaddy Merchant Account as well as our top picks for the options in this category.
Or, just go straight to Our top picks for Best Merchant Accounts(Link it)
Without further ado, let’s get started.
GoDaddy Merchant Account
GoDaddy Merchant Account provides a reliable payment solution for businesses of all sizes, offering seamless integration with websites, secure transactions, and support for multiple payment methods. Whether you’re an online store or service provider, GoDaddy’s payment platform ensures efficient processing and hassle-free payment management to grow your business.
GoDaddy Merchant Account Features
GoDaddy Merchant Account provides a comprehensive range of features designed to simplify payment processing for businesses of all sizes. These features enable seamless transactions, whether in-person, online, or remotely, allowing businesses to cater to various customer preferences.
1. Wide Range of Payment Options
GoDaddy supports all major credit and debit cards, including Visa, Mastercard, American Express, and Discover. Additionally, it accepts digital wallets like Apple Pay and Google Pay, as well as specialized cards such as HSA and FSA. This variety ensures that customers can complete their purchases using their preferred method, improving the overall customer experience.
2. Effortless In-Person Payment Processing
GoDaddy offers several solutions for businesses that need to accept payments in person. Their all-in-one Smart Terminal comes equipped with dual screens, making it easier for both the business and the customer to view and confirm transactions. For businesses on the move, GoDaddy’s Card Reader allows for secure, mobile transactions. These devices make it easy to process payments anywhere, whether at a physical store or a remote location.
3. Professional Invoicing System
GoDaddy Merchant Account enables businesses to create professional-looking invoices with customized branding. These invoices can be sent directly to customers, helping ensure on-time payments. The invoicing system integrates seamlessly with GoDaddy Payments, allowing businesses to track and receive payments efficiently.
4. Easy-to-Use Online Store Integration
GoDaddy provides a straightforward online store builder that enables businesses to set up an online shop quickly. Once the store is live, merchants can easily accept payments using GoDaddy Payments. This eliminates the need for third-party payment processors or complex integration steps, making it a hassle-free experience for merchants.
5. Shareable Pay Links
With GoDaddy’s shareable Pay Links, businesses can create branded links to accept payments online without the need for a full ecommerce website. These Pay Links can be shared via email, social media, or text, allowing businesses to reach customers wherever they are and process payments securely.
6. Tap to Pay and Virtual Terminal
GoDaddy makes it easy to accept contactless payments via Tap to Pay using a smartphone. Whether customers are using debit or credit cards, or digital wallets like Apple Pay and Google Pay, this feature ensures a secure and efficient transaction. Additionally, GoDaddy’s Virtual Terminal transforms smartphones, tablets, or computers into credit card terminals, allowing businesses to accept payments without purchasing any extra hardware.
7. Secure and Fast Payments
Security is a top priority with GoDaddy Payments, which uses advanced encryption technologies and adheres to PCI compliance standards. Businesses can also expect fast payouts, with funds deposited into their bank accounts as soon as the next business day.
GoDaddy Merchant Account Pricing
GoDaddy Merchant Account offers transparent and competitive pricing designed to suit various business needs. For in-person transactions, the fee is 2.5% + $0.00, while eCommerce transactions are charged at 2.7% + $0.30. Invoicing and shareable pay links incur a fee of 2.9% + $0.30, and keyed-in transactions are priced at 3.5% + $0.00.
Importantly, GoDaddy does not impose long-term contracts or setup fees, providing flexibility and cost-efficiency.
Payments are processed quickly, with funds often deposited into your bank account by the next business day. This straightforward pricing structure ensures that businesses can manage their payment processing costs effectively while enjoying rapid access to their funds.
GoDaddy Merchant Account Discounts and Coupons
GoDaddy Merchant Account occasionally offers promotions and discounts that can reduce transaction fees or provide added benefits. To stay updated on any current deals or special offers, it’s best to check GoDaddy’s website or contact their sales team directly for the latest information on available discounts and coupons.
GoDaddy Merchant Account Free Trial
GoDaddy Merchant Account does not offer a free trial. However, you can explore their services with no long-term contracts and transparent pricing. For more details on features and benefits, visit their website or contact their sales team to discuss how GoDaddy Payments can meet your business needs.
GoDaddy Merchant Account, A Short How-to Set-Up And Use Guide
Setting up and using a GoDaddy Merchant Account is straightforward and designed to streamline payment processing for your business. Here’s a quick guide to get you started:
1. Sign Up: Begin by signing up for a GoDaddy Merchant Account through their website. You’ll need to provide basic business information, including your company name, address, and bank details.
2. Account Integration: Once your account is approved, integrate GoDaddy Payments with your online store or website. GoDaddy offers an easy-to-use online store builder that comes pre-integrated with their payment solution, simplifying the setup process.
3. Set Up Payment Methods: Configure the payment methods you want to accept, such as credit/debit cards, Apple Pay, and Google Pay. GoDaddy Payments supports a variety of payment options to accommodate different customer preferences.
4. Choose Your Hardware: If you plan to accept in-person payments, select the appropriate hardware from GoDaddy, such as the Smart Terminal or Card Reader. These devices are designed to work seamlessly with GoDaddy Payments.
5. Manage Transactions: Use GoDaddy’s dashboard to monitor and manage transactions. You can track payments, issue refunds, and generate reports to keep your financials in check.
By following these steps, you’ll set up a GoDaddy Merchant Account efficiently, ensuring smooth payment processing for your business.