There is always catch in free merchant account. Either they will take a larger cut in your profits or their merchant account services will not be up to the mark.

There is no customer service fee, gateway fee or a monthly cost. Free merchant account providers get their costs out and make profit from their transaction fees only.

Most of the providers will refer you to a 3rd party when it comes to giving you a free merchant account, so be careful in choosing the company you are opening the account with. These accounts are ready to be setup and once you signup you can accept credit cards within minutes of registration.