Archive for January, 2005

Asia Payments Systems Inc. Launches IP-Based Card Processing With DFS at Flagship Galleria Store in Japan

‘The World’s Largest Duty Free Retailer, DFS Group, Began the Asian Roll-Out of Its New IP-Based Card Transaction Processing Solution in Japan With an 85-Terminal Installation at Its Flagship Galleria Store in Okinawa
SEATTLE, WA and BEIJING — (MARKET WIRE) — 01/12/2005 — Asia Payment Systems, Inc. (OTC BB: APYM) today announced the “go-live” of […]

Monday, January 31st, 2005

First Data Completes Acquisition of Credit Card Processing Unit from FinecoBank

‘First Data Corp., a global leader in electronic commerce and payment services, today announced it has completed the acquisition of the credit card processing business unit of FinecoBank S.p.A., part of Capitalia Group.
This transaction includes the acquisition of the processing facilities including software, employees and other processing capabilities used in the servicing of Fineco’s cardholder […]

Monday, January 31st, 2005

United Bank Card Announces Free Credit Card Terminal Program

‘United Bank Card, a Division of 21st Century Resources Inc. has announced that it will be providing free credit card processing equipment for all new and existing merchants.
i-Newswire, 2005-01-06 - Beginning in 2005, United Bank Card will be providing all new and existing merchants with free credit card and check processing equipment.The concept can be […]

Monday, January 31st, 2005

Credit Card Payment Processing

Marketing Basics has a good article on Payment Processing which is worth checking out if you’re looking for a way to process credit cards from your website:

‘If you are doing business online I’m sure you understand that you must accept major credit cards in payment for your products or services.
In fact, credit card purchases account […]

Thursday, January 27th, 2005

Setting Up a Merchant Account - Good Advice

E-Commerce Guide gives good advice on setting up a merchant account:

‘A merchant account for online business is similar to a merchant account for mail order business; the risk is associated with the fact that you don’t have the physical credit card to scan. It used to be that banks were reluctant to open merchant accounts […]

Sunday, January 23rd, 2005

Merchant Account Basics of Credit Cards Processing

Website 101 has a good article on Merchant Accounts and gives some good advice on what is needed in order to apply for one.

‘Requirements for Merchant Accounts
Getting important information together ahead of time will ensure that you breeze right through your merchant account application process. Here’s what you may or may not (depending on the […]

Sunday, January 23rd, 2005

How to Get Approved for a Merchant Account - High Risk Merchants

Entrepreneur has a good article examining Merchant accounts - especially for those considered to be high risk

‘There are many examples of high-risk merchants, such as telemarketers (inbound or outbound), Internet/e-commerce businesses, merchants in the travel and cruise industries, Internet auctions and businesses offering membership clubs.
But owning a high-risk business doesn’t mean you won’t be able […]

Sunday, January 23rd, 2005

Establishing a Merchant Account for Your Web Business

Inc.com has a good article on steps for establishing a Merchant account for your website. Here are their steps.

Determine Your Needs
Real-time processing.
Technical compatibilities.
Understand Merchant Account Costs
Internet discount rate.
Transaction fee.
Monthly fees and minimums.
Holdbacks and chargebacks.
Setup and equipment.
Research Merchant Account Providers

Each Step is expanded at Establishing a […]

Sunday, January 23rd, 2005

Payment gateways and credit card processors

Taming the Beast has a good article on Payment gateways and Credit Card Processing that many will find useful:

‘A payment gateway is a separate service and acts as an intermediary between the merchants’ shopping cart and all the financial networks involved with the transaction, including the customers’ credit card issuer and your merchant account. Think […]

Sunday, January 23rd, 2005

Accepting Credit Cards Online

UniTerra has a good article on the benefits of accepting credit cards on your website:

‘Benefits of accepting online credit cards.
· It has been proven that sales increase dramatically when you accept online credit cards.
· Up to 75% of online purchases are made on impulse and customers spend up to 50% more when using their credit […]

Sunday, January 23rd, 2005

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