Retail, Mobile, E-commerce, Mail order/ Telephone order.
Online store, Web hosting, Credit and debit card processing, Mobile phone processing, Virtual terminal, Online payment gateway, POS equipment.
Setup Fee: Standard Plan $795
Monthly Fee: Standard Plan $99.83 (For First 36 Months)
Early Termination Fee : $0
My Business Venture is a compendious E-commerce service provider, founded in 2013.
My Business Venture provides various eCommerce business services for companies in the United States. One of their primary services is the provision of online stores, for sales of products, to customers.
MBV has similar Mundus Operandi with other businesses like Shopify. However, MBV is distinct in that it always has about 14,000 products to sell out, for its new users, at every point in time.
With MBV, new users do not have to be business savvy before they can begin with eCommerce.
Other website services they offer are web hosting, domain registration, website buildup, video spokesperson, and various other web solutions.
Merchant Provider Risk Tolerance
An all-encompassing platform.
Simplification of service.
Unavailable in some countries.
MBV offers various eCommerce services, and they also deal with physical products like virtual terminals and POS equipment.
Regardless of if you own a startup business or an already existing enterprise, MBV can quickly set up a befitting hosting account for your business that will become functional in a matter of days.
With MBV, you can register your domain name and also set up a payment solution that offers bigger saving opportunities compared to your competitors, a 24/7 service, and loads of other free extras.
MBV has a partnership with other companies and individuals that will represent your business and stand in as a spokesperson for your website. This service is tailored in such a way that your business name, messages, and other information align with your business objectives.
They will also provide you with various marketing solutions and social media strategies to give your business the exposure it needs.
Discloses All Important Terms
Public Pricing Available
Information about MBV pricing and fees is available online, and this depicts their transparency.
MBV has four membership programs. The standard package costs an upfront payment of $495 and $100 for three years. This package comes with a customized store for your eCommerce business.
The professional package is the most familiar package, and it costs a one-time payment fee of $2795. With this package, you will learn how to drive organic traffic to your online store and also generate online income.
The third package is the enterprise package, and this comes with benefits like customized logos and a training program. The cost is $3995.
The final package is the premier plan that costs $4695. This package includes all other plan’s features.
MBV website informs that every merchant account must pay a flat rate of 2.19% + $0.2. This rate does not exclude transactions via other gateway services.
Tiered PricingFlat Rate
Mobile Payment Rate
Virtual Terminal Rate
2.19% + 0.20%
Standard Plan $99.83 (For First 36 Months)
Payment Gateway Fee
Early Termination Fee
PCI Compliance Fee
$15.95 Per Month
Equipment Lease Terms
Address Verification Service (AVS)
Account Setup Fee
Standard Plan $795
Gateway Setup Fee
MBV offers four types of plans via i3 Vertical, an IT service management company, for all merchant accounts.
There are also various gateway payment options like Pay-Me-Now and Authorize.Net.
Early Termination Fee
A review of MBV complaints include are:
They were able to solve 13 of these complaints to merchants’ satisfaction. The remaining seven are unaccounted for. Hence the merchants were either unsatisfied, or they did not give a verdict on the solution MBV provided.
MBV has an A+ rating on Better Business Bureau (BBB). They are BBB accredited.
A+ (22 Customer Complaints)
Total Online Reviews
Total Online Complaints
If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks