Welcome to Merchant Account and Credit Card Processing Advice and Information Resource where we keep you up to date with the latest in Merchant Account News and Information and link you to some of the best Merchant Account and Credit Card Processing Providers on the web.
Archive for April, 2005
‘Although accepting credit cards can greatly improve your business, there are many other ways to accept payments online. If you have had trouble finding the right merchant account, or you just prefer not to deal with credit cards, there are viable alternatives that will allow you to continue to sell online without accepting credit cards.
By Cassandra Black - InkWebDesign.com
The nuts and bolts of merchant accounts and e-commerce for the small business owner. What is it, how to get it, and how much will it cost.
In order to understand a merchant account as it relates to online purchases, first you need to know the definition of e-commerce. E-commerce is simply [...]
‘Online retailers will be forced to tighten security and improve their handling of customer data under new rules being introduced by the credit card industry to stop identity theft.
From 30 June, all ecommerce sites with internal systems that process, store or transmit cardholder information will have to comply with the Payment Card Industry (PCI) Data [...]
‘ACCEPTING CREDIT CARDS over the Internet requires putting a number of separate pieces together. What I’ve tried to do here is explain in simple terms what those pieces are and describe how you can do this.
These are the pieces:
A bank that issues to you a merchant credit card account
A transaction clearinghouse designated by your bank
‘Many small business owners find the steps involved in opening a merchant account both confusing and frustrating. There are alternatives available for processing payments online. While the per-transaction rates are sometimes more expensive than traditional merchant accounts, the ease of opening an account with alternative payment processors makes them popular with many online merchants.
Terms to [...]
‘To increase sales on your website, you must accept credit
cards. To process credit cards, you could apply for a
merchant account through your bank or other financial
Sometimes, though, you would be further ahead to use the
services of a credit card processor. This is especially
true when you are first starting out and have more
limited resources. [...]
‘What Do I Need to Do to Accept Credit Cards Online?
In the old days, to accept credit cards, you needed a merchant account through a bank. But
now there are a number of services that will let you accept credit cards online without your own merchant account.
Paypal is probably the most widely used service, with more [...]
‘ Hostway, a global leader in Web hosting and managed services, today announced its launch of a new payment service for its ecommerce customers. By providing PayPal’s online payment service, Hostway now allows ecommerce customers to easily process online transactions via their Hostway Merchant Manager stores without incurring setup charges and monthly fees. This service [...]
‘If you do business on the Web, you should be concerned about credit card fraud. With identity and credit card theft running rampant, you need to assure your customers that you are committed to protecting them from fraudulent transactions.
While it’s not practical to screen every single transaction that goes through your processing system, there are [...]