Hair Salon Merchant Accounts

Hair Salon Merchant Accounts are much like nail salons in that they typically process a high volume of lower ticket transactions and quite often have multiple contractors working out of the same location.  The difference is that hair salon merchants run much higher transactions when doing jobs such as coloring, extensions, makeovers, wedding parties and the like.  These larger transactions present a much higher risk to banks and processors due to the size and the potential risk of a cardholder chargeback.  Therefore it is imperative that merchant accounts for hair salons are set up to accommodate this increased risk and irregular activity.  1st National has the perfect solution.  Our merchant account for hair salons is custom designed for convenience, efficiency, savings and with security to ensure that funds will not be delayed on the larger than average, high risk transactions.

To keep salons profitable, 1st National offers a merchant account with a very low rate and an extremely low transaction fee combined with a split rate program so merchants can take advantage of the lower risk and reduced cost of debit & check card transactions, no matter what the size. Hair salon merchants will have the ability to accept credit cards, debit cards, and check cards and can also add other point of sale merchant services such as check guarantee, gift cards, value cards, and loyalty cards. Most standard credit card terminal and printer combination are capable of supporting our hair salon merchant account applications. 1st National has credit card terminals available that can authorize credit cards via an analog telephone line, a digital phone line, or a high speed Ethernet, cable, Wi-Fi, and wireless connection for high traffic locations.  Any of the credit card terminals offered by 1st National can support hair salon merchant account applications with or without tip and server programs and most of them can support at least ten merchant accounts in a single unit enabling independent contractors to have their own merchant account.  Multi merchant applications prove to be a very useful and time saving feature for salon merchants who don’t want to co-mingle funds and take the time to divide and distribute them each and every month.

Hair Salon Merchant Account rates start at 1.45% and enable merchants to accept Visa, Master Card, American Express and Discover Credit Cards as well as all debit cards and check cards. Pin Based debit card processing may also be added to hair salon merchant accounts. American Express hair salon merchant account rates range from 2.55%-3.5% depending on the annual volume and average transaction size.   Another very important feature of our hair salon merchant account is the fact that our tip program application is fully compliant and will not downgrade when communicating to Visa & Master Card.  This is a very important feature because the tip applications of most merchant service providers are not specifically designed for hair salons.  This non compliant application causes about 75% of the transactions to not qualify with Visa and Master Card which results in the merchant paying much higher fees.  This is not the case with 1st Nationals hair salon merchant account applications.  A merchant using our tip program will always qualify at the proper level for card type and they will not pay higher fees.  For hair salon merchants using a credit card terminal there is little or “No Start-Up Costs” and the account can be live and active in less than 24 hours. Hair salon merchant accounts typically carry a flat monthly fee of $6.00 per month, no monthly minimum and no annual fee.  For qualified merchants 1st National also offers hair salon merchant accounts with a free terminal program, bundled rates for low ticket merchants, and interchange pass through for high volume locations, franchises and associations. 

Please contact us today to apply for a Hair Salon Merchant Account with 1st National Processing Merchant Services. Toll Free 877-964-1622 or Apply for Hair Salon Merchant Account On Line.