High Risk Credit Card Processing : A Treat For Merchants Involved In High Risk Businesses!

Author: Mark Sands

If you are dealing in some sort of business, you might lay in a category that credit card companies refer as something different from a normal risk account. Many businesses find it harder to get the merchant account approved; the reason being the high potential charge backs. However, you should not be hassled with high risk credit card processing as there are many companies and financial firms which deal with such processing set ups and offer excellent high risk processing services. 

high risk credit card processing

                           high risk credit card processing

You might be wondering which type of businesses fall into this category, or is your business liable to be referred as a high risk business. The most commonly referred high risk businesses include travel establishments, adult websites, legal gaming businesses, non-U.S. pharmacies establishments, telemarketing, e-commerce business units, etc. Almost all of the above listed businesses depend heavily on the electronic mode of payment transaction. Irrespective of the fact whether your business operates in the offline or the online mode, you are bound to provide your customers with some sort of sophisticated payment processing ability.

The major problem with online payment processing is that the plastic card is never physically available to the merchant, who is processing the payment. This creates a high risk void in the entire process. Moreover, the domain of Internet is highly unpredictable, making the e-commerce businesses to heavily rely on the electronic mode of payment transaction. This simply means that the transaction fees are bound to be really high.

high risk credit card processing

                       high risk credit card processing

Another major problem with such card processing setups is the difficulty in encountering a domestic financial institution that is willing to provide such services. However, such account services are also offered by international bank/financial institutions from across the globe. As long as your business establishment satisfies their basic prerequisites, such vendors are willing to offer high risk facilities to you.

Are you wondering about the benefits associated with such high risk payment processing services? The major goal of such services is to offer the high risk businesses with hassle free payment receiving and processing setup. The service providers do not wish that the businesses suffer just because of the petty high risk payment processing matters.

Such processing services are offered by firms all over the world in view of assisting similar businesses. Apart from offering the high risk services, such vendors also assist the merchant with additional benefits. Consulting an efficient service provider is the best option for helping you to handle large sales volume and processing of multiple currency payments easily.

Article Source: http://www.articlesbase.com/credit-articles/high-risk-credit-card-processing-a-treat-for-merchants-involved-in-high-risk-businesses-6546108.html

About the Author

Mark Sands is a veteran of the merchant services industry and authoritative author on

related topics of merchant accounts and credit card processing.

To learn more on High Risk Credit Card Processing, please visit our website at www.high-riskmerchantaccount.com

Merchant Processing Services - Accept Credit Cards - Bank Card Empire - Card Processing Services - Bank Cards

Author: Jayden Chandler

Methods of processing credit cards

Today a majority of credit card transactions are sent electronically to merchant processing services banks for authorization, capture and deposit. Various methods exist for presenting a credit card sale to 'the system.' In all circumstances either the entire magnetic strip is read by a swipe through a credit card terminal/reader, a computer chip is read, or the credit card information is manually entered into a credit card terminal, a computer or website. The earliest methods, submitting credit card slips to a merchant processing bank by US mail, or by accessing an Automated Response Unit (ARU) by telephone, are still in use today but have long been overshadowed by electronic devices. These early methods used two-part forms and a manual device for mechanically imprinting the embossed card number information onto the forms. Whenever practical it is best to swipe a credit card because the rates will be much lower and the incidence of stolen credit card number fraud is greatly reduced.

merchant processing services

                          merchant processing services

Credit card terminal

A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card\'s information as well as additional information required to process a credit card transaction. A credit card terminal is a dedicated piece of equipment that only processes credit cards although it is common for related transactions including gift cards and check verification to also be performed. A credit card terminal typically must be plugged in to a power supply and connected to a telephone line. However, some terminals may be powered by batteries, communicate over the Internet or through the cellular phone networks. 

When a credit card is processed (either swiped through the magnetic stripe reader or keyed in to the keypad), it contacts the network to verify if the credit card can be authorized. The transaction is then stored on the machine until the polling window is opened. The machine will either upload the electronic funds directly to the merchant bank, or a polling service provider will dial in to collect, process then submit the data to the merchant bank. The most popular credit card terminals consist of a modem, keypad, printer, magnetic stripe reader, power supply and memory card. They have had the same basic design since the 1980s. As with computers, there is a wide range of memory capacities and other features like built-in printers and debit card pinpads that affect the manufacturing cost of a credit card terminal.

Automated Response Unit (ARU)

An ARU (also known as a voice authorization, capture and deposit) allows the manual keyed entry and subsequent authorization of a credit card over a cellular or land-line telephone. With this method a merchant typically imprints their customer\'s card with an imprinter to create a customer receipt and merchant copy, then process the transaction instantaneously over the phone.

Payment gateway

A payment gateway is an e-commerce service that authorizes payments for e-businesses and online retailers. It is the equivalent of a physical POS (point-of-sale) terminal located in most retail outlets. A merchant account provider is typically a separate company from the payment gateway. Some merchant account providers have their own payment gateways but the majority of companies use 3rd party payment gateways. The gateway usually has 2 components: a) the virtual terminal that can allow for a merchant to securely login and key in credit card numbers or b) have the website\'s shopping-cart connect to the gateway via an API to allow for real time processing from the merchant\'s website.

For More Details  on Merchant Processing  Services - Accept Credit Cards - Bank Card Empire - Card Processing Services - Bank Cards please check : http://www.bankcardempire.com/amsi1203

Article Source: http://www.articlesbase.com/sales-articles/merchant-processing-services-accept-credit-cards-bank-card-empire-card-processing-services-bank-cards-1347856.html

About the Author

Choose Safe Credit Card Payment Processing Solution

Author: vision payments

Credit cards Payment are a fast, easy, and safe way to pay for products and services. All of your customer\'s financial information will be encrypted, kept private, and both you and the customer will be protected from fraud. How do you start accepting credit cards?

To accept credit cards you must have a merchant account with a Credit Card Payment Processing company. A Credit Card Processor can also help you accept debit cards and electronic checks. What is a Credit Card Processor\'s job?

A Credit Card Payment Processor acts as the middleman between your business and your customer\'s card issuing bank. They seek authorization, verify that funds are available, and then secure the funds by placing a hold in the amount of the purchase on the customer\'s account. They then relay this information to you through a simple approved or declined message on your terminal. Every approved transaction is accompanied by a printed authorization number.

How do you get paid?

At the end of each business day, it is your responsibility to batch all of your authorization receipts and send them to your Credit Card Payment Processing service. Your merchant provider will then process the receipts and transfer what you\'re owed directly to your bank account. Different processors have different withdrawal requirements, which make it important to thoroughly understand your contract before signing.

How are you Charged?

Credit card payment processing rates vary greatly, but in general you have to pay a percentage plus a flat fee per transaction to use their services. For example, if the percentage is 3.4and the flat fee is $0.30, you will owe $0.98 for a $20 sale. Sometimes credit card processing rates depend on the type of product or the type of card used, which means that your fee may vary by transaction. You must understand the terms of your agreement before you settle with a particular service.

The card payment processing service may also issue you a terminal. You will either be required to pay for it in full upfront, or pay a monthly leasing fee. You may also have the option of purchasing a terminal from a third-party. These terms depend on the company and are negotiable.

Accepting credit cards are almost a requirement for having a business these days. It offers great benefits such as increased efficiency and faster checkouts while also protecting you and your customers from fraud. It also allows you to quickly upgrade your systems to begin accepting checks and other forms of payment. Giving your customers safe payment options will attract more consumers and help your business grow.

Article Source: http://www.articlesbase.com/credit-articles/choose-safe-credit-card-payment-processing-solution-6394388.html

About the Author

George Williams is an experienced author and he writes various articles on Virtual Credit Card Processing, Ecommerce Credit Card Processing, Credit Card Processing Services, Paypal Credit Card Processing etc. So to get the complete idea to the relevant topics visit website domain www.visionpayments.com

10 Things Why You Must Accept Credit Card Payments on Your Website

Author: Egidijus Andreik

accept credit card

                                 accept credit card

For websites that sell any kind of products or services, accepting credit card payments is a must. This allows customers a safe and convenient way to pay for their purchases.

Below are the ten reasons why your website should accept credit cards:

1. If people cannot pay for what they wish to buy using a credit card, they will probably not make the purchase. This will mean less business for the website, possibly even zero business.
2. Credit cards are the most common method of online payment. People everywhere, locally and internationally, use credit cards to make online purchases. Around 75% of all online orders are made directly using the credit cards.
3. When a website accepts credit cards, it makes more sales. Research indicates that sales can triple when a commercial website takes credit card payments compared to only other payment methods such as echecks, bank transfers, etc.
4. Accepting credit cards takes advantage of impulse buyers--people who, when they see something they want, immediately go ahead and buy it, because it's a very easy way to pay for the payment. The customer's state is not affected by a possibly not so convenient payment method.
5. Credit cards are used by international customers. You can have people overseas as your customers when your website accepts credit card payments.
6. Credit cards are easy and fast to process. They make for swift, hassle-free purchases.
7. Using credit cards eliminates the need to make trips to the bank. All processing is done online; there is no need to physically go anywhere or talk face-to-face with anyone. You don't have to bring your checks to the bank, clear then and wait for the money. You get the funds instantly into your online merchant account.
8. When you accept credit card payments on your website, you receive payments securely, immediately. You eliminate the risks and delays associated with bounced and mailed checks.
9. Websites that accept credit card payments have a more professional and business-like feel than other websites that do not accept such payments. You do look like a company, not just a simple website that is run why some kid.
10. Setting up your website to accept credit cards is easy. The process is not as complicated or difficult as people would think. You just need to get an online merchant account.

accept credit card

                                  accept credit card

merchant accounts to accept payments. Usually it takes at least a 1-2 weeks to have the merchant account open at a certain bank that accepts your websites business model. However, the problem is that mostly all banks work only with companies. And what if you want to sell only a small ebook or software product that you have made, but have no merchant account? There are other payment processing companies such as Click2Sell.EU that allows you to accept credit card payments online instantly and sell your products online. You open an account, add your products and place simple payment buttons on your website and that's all. You account gets approved and you can start accepting credit cards within a couple of days without the huge manual paperwork that banks require.
Accepting credit cards is a must for your online business today, so make sure you have this payment option the next time you launch your new e-commerce website.
Article Source: http://www.articlesbase.com/ecommerce-articles/10-things-why-you-must-accept-credit-card-payments-on-your-website-4598802.html
About the Author
Egidijus Andreika is a creator of Click2Sell.EU system. Accept credit card payments online for your digital products. Sell and promote software, ebooks. Accept payments online from your customers easily. Visit http://www.click2sell.eu

There are different types of internet

Credit Card Merchant Account Services For Your Company

Author: vision payments

credit card merchant

                                credit card merchant

If you're a Credit Card Merchant, you likely have worked with – or are currently partnered with – a credit card merchant account service provider of some kind, that is if you need to accept your customers' credit card payments and facilitate such transactions from day to day. But what are some of the ways a credit card merchant account service processes its clients' customers' cards?

A credit card merchant account service provider processes credit cards in a few major ways:

Credit Card Terminal:

A credit card terminal allows a merchant to swipe a credit card, and to gather additional information for processing a credit card transaction. A credit card terminal generally processes credit cards, but also gift cards and check verification, if necessary; a CCT is typically provided by your credit card merchant account service.

Automated Response Unit:

An Automated Response Unit, or ARU, allows the manually keyed entry and authorization of a credit card over the phone. A merchant typically imprints their customer's card to create a receipt and merchant copy, then processes the transaction over the phone through their credit card merchant account service.

Payment gateway:

A payment gateway is an e-commerce service that authorizes payments for e-businesses and online retailers, heavily linked to credit card merchant account services. It is much like a POS (point-of-sale) terminal in many retail stores. A credit card merchant account service is typically a separate company from a payment gateway, and some credit card merchant account services have their own payment gateways, but most businesses implement third-party gateways.A credit card merchant account service is typically a separate company from a payment gateway, and some credit card merchant account services have their own payment gateways, but most businesses implement third-party gateways.

credit card merchant

                                  credit card merchant

 Credit Card Merchant Account Service Marketing:

Credit card merchant account services are marketed to merchants in two ways: by the processor or sponsoring bank, or by an authorized agent for the bank and directly registered with card issuers as an ISO/MSP (Independent Selling Organization / Member Service Provider). Marketing details are regulated by card issuers like Visa, and enforced by rules and fines.

Marketing from (ISO)/MSPs:

To market credit card merchant account services, an ISO/MSP must be sponsored by a member bank. This mandates that the bank back the financial stability of the businesses marketing for the bank. The ISO/MSP usually pays a fee to be registered with Visa and Mastercard, and must comply with regulations of marketing a credit card merchant account service.

Article Source: http://www.articlesbase.com/credit-articles/credit-card-merchant-account-services-for-your-company-5760533.html

About the Author

Simply contact a VPS representative today to get set up with the best hardware, software, and technical support our entire industry has to offer, not to mention superior, up-to-date technological solutions for streamlining and vastly improving your company's bottom line and customer base. Make as many merchant account comparisons as you like; you'll find Vision Payment Solutions to rise to the top, every time! For more details click here Website:http://www.visionpayments.com/

Getting paid Solutions for Accepting Payment Online

Author: Fabienne Fredrickson

When you are building a business, you want a solution for accepting payment online that is reliable and looks professional and trustworthy to clients. We hhat is reliable and looks professional and trustworthy to client save switched providers as we have grown to accommodate different levels of service and higher numbers of transactions.

For many business owners starting out, they go for the smaller solutions. But the truth is, many of these services just don't look professional or have limits that get in the way as you grow. That's why we recommend you start out with a service for accepting payment online that can grow with you and continue to serve your company as your needs change.

In addition to credit card processing, many of the better services offer comprehensive small business packages that include email and database management. Plus, they can help you analyze your business based on data collected about sales and emailing.

This is a short list of companies below and not complete by any means. These are the ones we know about – some we have used and others we have not.

1) 1Shopping Cart. 1Shopping Cart is the service I used for many years very successfully and they have a lot of capabilities. It's easy enough for you to be able to actually go in there and do things yourself. Although, it's smarter to have your virtual assistant do it for you. What's great about 1Shopping Cart is that you can do everything, from email to taking payments, all through a single gateway.

2) Infusionsoft. I moved up to Infusionsoft when I had about 15,000 people on my list and I was already making over seven figures. This is a great program and it helps you slice and dice the information in many ways for amazing business analysis. I do however want to mention that it's not a simple program.

3) PayPal. In my opinion, PayPal just doesn't look professional for your website as a way to accept payment online. While they have the capabilities, it sort of makes you look like a start up operation and nobody wants to be a guinea pig. I don't recommend this option.

4) Practice Pay Solutions. With this service, you are getting your own Merchant Account. You can also do that with your local bank as well, but PracticePaySolutions is a good solution for coaches. I used this service many years ago and it was great. They have a virtual terminal, so you can plug in your client's credit card number online for them and you can set up recurring monthly payments as well.

Your Client Attraction Assignment
Accepting payment online is something that requires doing research and due diligence. You want to know a company's capabilities and ease of use, and then weigh that against the fees to make the right choice for your business. Thoroughly check out these options for accepting payment online and managing your database to be sure you get your needs met at a price that's appropriate for your practice.

Article Source: http://www.articlesbase.com/marketing-articles/getting-paid-solutions-for-accepting-payment-online-6885854.html

About the Author

Fabienne Fredrickson is founder of ClientAttraction.com, ranked on the Inc. 500/5000 List of America's Fastest Growing Private Companies in 2011. ClientAttraction.com is devoted to teaching entrepreneurs around the world how to consistently attract ideal, high-paying clients, put their marketing on autopilot, shift their mindset towards abundance and take a no-excuses approach to creating a highly successful and meaningful business, while working less. Through her workshops, courses, coaching programs, and products, Fabienne shows her students how to go from 5-figures to 6-figures in their business and then from 6-figures to 7-figures, while experiencing freedom and creating an abundant life they love.

To order Fabienne's FREE Audio CD, "How to Attract All the Clients You Need" by mail and receive her weekly marketing & success mindset articles on attracting more high-paying clients and dramatically increasing your income, visit www.clientattraction.com.

PayPal Credit Card Processing

Author: vision payments

PayPal Credit Card Processing

The word is out, and you need to be on the lookout for the new "gunslinger" in town. In the fast growing battle in credit card processing, PayPal credit card processing can be accessed through a triangular reader that connects to a jack of anyiDevice; ergo, the competition better keep checking their rearview mirror; they might get passed up. The PayPal credit card processing service may also be closing the door on the competition by charging a 2.7 percent fee per transaction. These is less than any other credit card processors, and if the retail merchant uses a debit card, the PayPal credit card processing fee drops even lower to 1.7 percent. PayPal offers immediate access to funds, as well.

Actually, because of all this iDevice technical camera scan card wizardry, a merchant doesn't even have to use the card reader. The device's camera reads the credit card number and voila,' it's a done deal; although the user will still need to enter the CVV code and customer zip code, too. Another service plus for PayPal credit card processing is that it offers encryption, and all these wonderful technical marvels are now available worldwide. However, the general public will get their chance, soon; but you'll need to sign up with PayPal.

paypal credit card processing

/

                           paypal credit card processing

Although PayPal is changing the rules involving credit card processing, it will be interesting to watch to see if the PayPal credit card processing move is a "game-changer" or not. Surely, you can bet that the main competition is not going to run for the hills, or raise a "white flag" in surrender. Like the wise man said, "let's wait to see where they made mistakes, then offer some features that others can't." On the other hand, this latest PayPal credit card processing bonanza might be able to pick up all the marbles due to two words the competition doesn't have: "name recognition." PayPal is well known to millions, with an honest and trustworthy perception, as well.

This recent PayPal credit card processing endeavor has raised the bar for the competition at least five inches. Online you can get all PayPal credit card processing invoice and mobile payment tools, plus the extra advantage of allowing customers to check out directly on your business site. To sum it all up, you can accept credit cards and PayPal directly on your Web site, swipe credit cards with your free card reader, email invoices for fast payment, access your money pronto, keep costs down, and protect against fraud. Looking for a simple solution? Think PayPal credit card processing.

Article Source: http://www.articlesbase.com/credit-articles/paypal-credit-card-processing-6095572.html

About the Author

George Williams is an experienced author and well versed in writing various articles based on merchant account service provider. So to get the complete idea to the relevant topic of PayPal credit card processing, ecommerce credit card processing, credit card transaction processing and mobile credit card processing visit website http://www.visionpayments.com/.

Efficient payment processing with Credit Card Merchant Account Service gives businesses fast

Author: vision payments

merchant card services

                         merchant card services

Credit card merchant account service provides fast, protected, and efficient payment processing for businesses and merchants. The majority of customers today use credit or debit cards to make purchases therefore, credit card merchant accounts are necessary for all businesses. Credit card processors or merchant account services make receiving secure and accurate payments easy for businesses.

The most popular payment methods are credit and debit cards, but many credit processors accept paper checks, traveler's checks, and money orders. Processors take customer's payment information and verify it through secure connections. Finally, they send it to a credit card merchant account.

Processing companies have a number of ways to receive customer payments such as point- of- sale systems or POS terminals, mobile terminals, and online shopping carts. POS terminals are used in brick-and-mortar businesses. Customers slide their cards on POS terminals to pay for goods and services and are attach to cash registers. Mobile terminals are similar to POS terminals but are mobile and plug into cell phones. Moreover, the online shopping cart is software that works as a virtual "shopping basket". It allows customers to accumulate items they want to purchase, and the software calculates the total with shipping and handling when they are ready to "check out".

merchant card services

                             merchant card services

Business owners can get credit card merchant accounts by filling out applications. Processing companies consider personal and business credit history and bank information for approval. The best processing companies take applications without fees and approve applications in days instead of weeks. Once the application approves, payments go in to the merchant account credit card.Credit card merchant account service gives businesses fast, secure, and versatile methods to receive payments by credit, debit, or check.

There are some factors to think about when looking for a credit card merchant account service: fees and duration in business. Fees can range from reasonably low to high when dealing with credit card processors. Some fees include start-up, transaction, gateway, statement, and monthly minimum fees on the merchant account credit card. Higher fees charged do not mean better service.Credit Card Merchant Account Service has made the payment process suitable and fast. Many of the people favor online shopping, where they can have their desired item or services. Therefore, credit card payment mode is greatly used for successful transaction.

The duration a processing company has been serving businesses and its reputation could be some of the most important factors in deciding which company to handle a credit card merchant account. Check reviews to see how happy past and present clients are with the processor's service. If other processors have high fees and bad customer service, it is better to know upfront than when under contract for a couple of years.

Article Source: http://www.articlesbase.com/credit-articles/efficient-payment-processing-with-credit-card-merchant-account-service-6512407.html

About the Author

We are the leader merchant account provider that offers the products for financial payments for all sized businesses. We provide all support for hardware, software, and technical assistance for making secure payments.

What Is A Payment Gateway? An Introduction

Author: vision payment

If you're a merchant and client of Vision Payment Solutions already, you likely know what a payment gateway is, how it works, and what it means to merchants all over the world. But, for those of you who are new to the idea of a payment gateways, this brief but informative introduction is designed to assist you in understanding the world of credit card payment processing.

Payment Gateway

 Fundamentally, a payment gateways are an e-commerce service that authorizes payments for all kinds of businesses, whether they are e-businesses, online retailers, or traditional, brick-and-mortar stores. It is just like a physical point-of-sale terminal, as one would find in most retail outlets. Payment gateways protect sensitive credit card data via special encryption, such as credit card numbers, to ensure that information is transmitted safely from the customer to the merchant, and from the merchant to the payment processor.

Typically, a payment gateway transfers information between a payment portal and an acquiring bank. When your customers order a product from a payment gateway-enabled merchant, like Vision Payment Solutions' many clients, for instance, the payment gateways performs a variety of tasks to process the transaction.

Payment Gateway

 Let's look more closely at an online example:

1. A customer places order on website, and enters his card information into the system.

2. The customer's browser encrypts the information to be sent to the merchant's server, via SSL (Secure Socket Layer) encryption.

3. The merchant forwards that data to their payment gateway, through another SSL-encrypted connection to the payment server.v

4. The payment gateway forwards the transaction information to the payment processor used by the merchant's acquiring bank.

5. The payment processor forwards the transaction information to the card association, whether it's American Express, Visa, Discover, or another.

6. The credit card-issuing bank receives the authorization request and sends a response back to the processor with a response code. The response code then tells whether the payment is approved or declined.

7. The processor sends the response to the payment gateway.

8. The payment gateway receives the response, and forwards it to the retail website, then relayed back to the cardholder and the merchant.

9. The merchant submits their approved authorizations, in what's known as a batch, to their acquiring bank for settlement.

10. The bank then deposits the specified funds in to the merchant's account, whether it is an account with the same bank or a different one.

The transaction processing takes approximately two to three seconds, but the actual deposit of funds may take up to three days, depending on several factors. Additionally, many payment gateways offer methods for filtering fraudulent orders, and calculate tax in real time prior to the authorization request being sent to the processor.

Article Source: http://www.articlesbase.com/investing-articles/what-is-a-payment-gateway-an-introduction-5767364.html

About the Author

Vision Payment Solutions company offers Payment Gateways and Accepting Credit Cards Services. To know more about their specific visit the website www.visionpayments.com.

Accepting Credit Cards Using Your Iphone or Tablet

Author: J McKnight

Would you be able to serve more people if you could accept credit cards on the go? Do you transact business outside the office? Are you a mobile business? Do you do business at trade shows and other locations? Do you need to accept credit cards while you travel? If you answered yes to any of the above questions, you may be a good candidate to accept credit cards on your smartphone or tablet. One reason for being credit card friendly is a lot of people just don't carry too much cash any more. Accepting credit cards could be a plus for your business.

how to accept credit cards

                          how to accept credit cards

Many businesses are losing money to the competition because they are not accepting credit cards. New technology makes it easy to accept credit cards on your smartphone or tablet. Cash is no longer king. In today's world it's plastic. If you don't accept credit cards, a lot of times your customers will go to someone else who does. Due to a widespread use of new technology, accepting credit cards on the go has become very easy, convenient, and inexpensive. Previously, if you wanted to accept credit cards on the go you would have to carry around a portable or wireless terminal. Many times even the smallest wireless terminal was still somewhat bulky. In addition, the cost of the wireless or portable terminal was expensive. The expense and the size of the wireless terminal made it unattractive and inaccessible for many businesses.

Now, there is a new kid on the block. You can now accept credit cards on your smartphone or tablet just by attaching a small credit card reader. This small credit card reader will easily fit into you pocket or purse. Whenever you need to accept credit cards on the go, just plug in your credit card reader. Some companies will even provide the credit card reader free.

Some of the applications where accepting credit cards on your smartphone or tablet would be useful are in areas such as garage sales, flee markets, special events, trade shows, hair salons, nail salons, electricians, plumbers, or anyone that does business on the go. If a business has multiple agents that sell their product or service, you can use this technology to setup multiple accounts that all deposit into the same bank account. For example, if a pizza company has multiple delivery drivers, the company can install the software for the credit card reader of each the driver's smartphone and when the delivery driver swipes a credit card the money would be transferred to the company's bank account. When a new driver is hired, they could easily be added to the system.

how to accept credit cards

                           how to accept credit cards

When you decide to get setup choose the company wisely. It's a good idea to check the company's BBB rating. Just like with a traditional merchant account it is important to know how long it takes for your funds to transfer to your bank account after a credit card sale. Depending upon the provider company, it could take from 24 hours to 2 weeks or more. The money will transfer directly into the bank account of your choice minus the small fees that are charged for processing your credit card payments. If you want an inexpensive way to accept credits cards you may want to consider this new technology of accepting credit cards on your smartphone or tablet.

Some companies will give you different cost effective options to choose from to cater to your specific needs. If you only need to accept credit cards occasionally, some companies will give you a pay as you go option, whereas you would not pay anything until you used the service to swipe a credit card. On the pay as you go occasional use option, the fee for each transaction is slightly higher than the fee per transaction if you were paying by the month. Some companies will give you the option to pay by the month and save money on the fee per transaction if you use the service and swipe credit cards more frequently and have a larger credit card volume. For more information and to see a product demo for more frequent use and larger credit card volume visit http://phoneswipe.com/?source=6856.2, or for more information and to see a product demo for the pay as you go occasional credit card visit http://phoneswipe.com/?source=6856.3.

Article Source: http://www.articlesbase.com/electronics-articles/accepting-credit-cards-on-your-smartphone-or-tablet-6354304.html

About the Author

Joyce McKnight is a published internet author, and an advocate for consumer awareness.

Credit Card Processing Services - Credit Card Terminal, Online Credit Card Processing

 

Author: eric stalker

Credit Card Processing Services at data Information Center, we believe there is an enormous ongoing trend of accepting credit cards in today's economy. Possessing a merchant account with an infamous credit card processing services provider like us becomes essential for all business owners. Warning! Not offering credit card or debit card payment options to your customers is definitely going to decrease your profits. We provide the best merchant account services and credit card processing services world wide! With our helpful and convenient services, you can start accepting all forms of payments, and give extra facility to your customers. Once you start using our efficient credit card processing service, you are going to see a drastic improvement in your business profits. We offer are many methods through which credit cards can be accepted, some of them are listed below:

credit card processing services

                              credit card processing services

Credit Card Terminal

You can find a credit card terminal in almost every retail outlet nowadays. With help from our credit card equipment, you can accept credit card payment by either swiping the card, or entering the credit card number manually. Our credit card terminal is easy to use and is a perfect solution for any shop, retail outlet, or a restaurant where the customer is paying for products or services in person. For the business places that operate outside the premises, we have wireless credit card terminals also available.

Online Credit Card Processing

Purchasing online has become popular nowadays because of the conveniences associated with it. In order to accept credit cards online, you need to open a merchant account with an online credit card processing system for your website. If you are looking forward to expanding your existing online shop, or launching a new ecommerce website, then you need to include a shopping cart, product catalogue and payment integration system in order to accept credit cards online.

MOTO Credit Card Processing 

With the help of MOTO credit card processing system, you can accept credit cards on phone, fax or email. MOTO stands for Mail Order Telephone Order accounts, and are used by merchants who sell their goods through the mail or over the phone. The merchant enters the customer's credit card payment information into a terminal installed on a personal computer or a web browser, on a payment service provider's website.

POS System

Our unique POS system is not only used for collecting credit card payments, but is also useful for data management, tracking daily sales, returns, exchanges, layaways, gift cards, gift registries, customer loyalty programs, discount schemes etc. POS systems include computer, touch screen monitor, cash drawer, receipt printer, customer display, a barcode scanner and a debit/credit card reader. A POS system is perfect for credit card processing for restaurants and retail outlets.

credit card processing services

                             credit card processing services

Electronic Cash Register

Our high tech electronic cash register also known as ECR can manage cash, cheques, credit cards, and even taxes. The great thing about electronic cash registers is that they are cheap and easy to use and maintain.

After going through all of our credit card processing systems, you can select the credit card processing method which best suits your business. Buying and selling becomes much easier with a reliable credit card processing system, as it saves a business from delayed transactions. Also, the freedom of using credit cards gives the customer the power of purchasing anytime, anywhere, without worrying about payment security. So, the credit card processing method plays an important role in the success of a business by evolving with the changing trends of a busy lifestyle.

Article Source: http://www.articlesbase.com/credit-articles/credit-card-processing-services-credit-card-terminal-online-credit-card-processing-5210401.html

About the Author

Data Information Center specializes in credit card processing, credit card processing for restaurants, merchant accounts for restaurants, credit card machines for restaurants, POS systems for restaurants, MOTO credit card processing system, merchant account services, online credit card processing system etc. Article written by Elite Internet Technologies. Visit www.universalpositions.com for more details.

Payment Processor Services – Whats The Right Fit For Your Business

Author: Greg Wong

A payment processor, most commonly referred to as a payment gateway, is often a third party manufacturer or service provider established for the purpose of completing a transaction.

Payment processors may specialize to the different types of payments such as online transactions, phone, or fax while the form of payment can be electronic checks, paper checks, money orders, ACH or Automated Clearing House, and of course most commonly credit or debit card payments.

Payment processor services provide the following depending on the company:

1. A secure payment processing software solution.
2. Support services especially to businesses who want to build their own payment processing systems.
3. Employment of the payment gateway system to businesses or individuals as a partner to allow payment processing transactions.

When selecting a payment processor service for your business, pay close attention to:

1. The security of payment processing services. Because payment processing entities are often third party institutions, they make it a point to offer security in their partnership. Data encryption helps secure the purchasers information privacy and some processors provide additional information transmittal security features that can benefit your customers.
2. For a business online, it will be difficult, if not impossible, to take cash payments. For this reason, stick with credit and debt card processing services that provide benefits and features catering to your specific needs.
3. For a new business, the cost of opening and maintaining a merchant account can be high as you may not meet the transaction volume minimums required to offset fees. Keep in mind what your projected sales volume will be when selecting the best processor for your business.
4. For a merchant who specializes in certain products, it may be best to settle with a payment processor. This is because some payment processor services are only paid when used, programs that can be especially beneficial to high transaction amount but low volume merchants.
5. If you are a merchant operating overseas catering to international clients from various countries choose a processor that can accept payments in the countries you could likely foresee a client. Let the needs of your business dictate the right processing service. 

Payment Processor Services

When recommending the best payment processor service for your business, we take into consideration the following:

1. The needs of your business. Not all businesses are alike, but your needs should dictate your decision. Is your product or service considered high risk? Will you need wire transfer functionality? Do you only require credit card processing? What level of support do you require? Account for what your business needs to thrive before shopping for a payment processing service.
2. The clients for your business. Clientele varies. Make a projection of what your expected transaction amounts will be and what volume you expect? What is the preferred method of payment in your industry and will your processor provide added value to your client base?
3. The business equipment. A business operating online will have no need for equipment as compared to one who operates in a physical location. Some services offer credit card processing terminal rentals or provide purchase options that can benefit your business.
4. The business payment input options. Some businesses offer the option to take payments through mobile phones. Other businesses are online only and require a payment gateway that is secure internet transmission. Your business might need a terminal to be provided by your processor for onsite transaction processing. Your needs will help determine the best solution.
5. The processing costs and fees. Any business should aim to maximize profit and minimize costs. Fees are a major consideration and should be compared when selecting a company for payment processing. Payment processors follow certain fee structures relative to how they operate and the range of services they offer. One consideration for the business owner may be on whether he will use all offerings a payment processing service has, there is no need to pay for features you don't expect to use.
6. The payment processing company's reputation. Awards, testimonials, online reviews and comparative guidelines are available and can help you guage reputation of a service you are considering. The best in the market provide exceptional support, integrated solutions, friendly staff, and hassle free solutions to your needs.
7. The payment processing speed of service. Because of batch processing, time becomes an important consideration for merchants. The time between the merchant submitting the batch information and the duration until the merchant receives funding is worth a careful review.

Ultimately your business should be authorization, batching, clearing, and funding in a smooth, effortless manner. In these times where convenience can mean the difference in business success, finding the right payment processor service is worth your time to research properly.

Your customers will thank you for the extra effort it took to work with a top provider that provides true value and hassle free services.

Article Source: http://www.articlesbase.com/business-articles/payment-processor-services-whats-the-right-fit-for-your-business-5619736.html

Online Merchant Account Services

Author: Amit Kothiyal

Online Merchant Account Services

Merchant account services are considered by plenty of people, regardless of whether or not their credit card is accepted. To be precise, Internet merchant processing includes directing the transactions made through one's business online. The availability of varied online services makes it a complex task to choose the right one that matches one's requirement. If you are planning to shop for online merchant account, it's certainly important to consider a few points before making any purchase as mentioned below:

• First, it's important to consider choosing the service provider who processes all the transactions with considerable pace and accuracy since it's important to consider better approval rates before making any random purchase online.

• Credit card merchant services should possess low monthly fee with affordability factor included. It's always better to check affordability to lower the overhead costs, and good ratings monthly is comparatively better for a person.

• Choose for the merchant account services that monitor ongoing fees and costs.

• Itshould offer 24/7 customer service and require rendering complete customer support through email, fax and phone since anyone can go through crises anytime; thus, complete support is important. Besides, secure virtual terminal and POS options allow the transactions with pace and lend flexibility to the businesses.

Merchant account processing is a vital part of any financial business owners.

Here are a few things they should consider before making any business transactions for the customers.

• High-risk merchant accounts are necessary for every online financial business, and certain merchant applications are not accepted by all processing companies. They should look for credit reports and accounts and should offer processing to those with good credit history. In the case of certain businesses and services of trade, they are recognized as high-risk areas demanding high-risk merchant accounts.

• Owners with bad credit can also avail the services of online merchant account services and can run legal business freely. Regardless of how they process card payments - over telephone, mail, online or in person - the services can be easily availed.

• One needs to enter into a contract as it is the document that explains fees and services efficiently. There are processing companies who do not ask for a contract, but make sure that you have chosen a reliable one.

• While shopping for merchant payment processing services, you should consider whether the processing services are their own or they are availing it through their merchant account.

Article Source: http://www.articlesbase.com/business-opportunities-articles/online-merchant-account-services-5465176.html

About the Author

Author likes to provide information on diverse topics which are current and are latest buzz. And online merchant account services are high in demands because of the ease it has lent to businesses and Credit Card Merchant Services. For more information about merchant account services, feel free to visit: Orbitalpay.com

Merchant Services Reviews : Online Merchant Services and First Data Merchant Account

Author: web

High Risk Merchant Services

The banks consider an account of high risk merchant account based on the potential for excessive charge backs, un satisfaction of the products and services, excessive returns, quality of the product and services for sale, long time period to fulfill the order, financial liability that the bank or processor will incur for processing the merchant or bad publicity towards the bank for accepting certain types of businesses. There are a number of high risk merchant service providers in the world who are always providing high risk merchant services. They will review your business model such as terms and conditions, refund policy, privacy policy, marketing methods, customer services and they will give you advice on the payment solutions available to your company. They will provide you with latest technologies and methods to minimize and manage fraud and charge backs.

Online Merchant Services

Online merchant services review are nothing but financial services that generally refers to the service that enables a business to accept a transaction of online payment by use of the customer's credit or debit card. In general, online merchant services: credit and debit cards online payment processing, Point of sale systems, online ordering systems, check guarantee and check conversion services, high risk merchant services, gift and loyalty card programs, automated clearing house check drafting services, payment gateway, email marketing, direct mail marketing & merchant cash advances and other services include age verification and employee pay roll tracking functions etc. These online merchant services are providing by several merchant service providers in the world. They will helpful in increasing the business of the merchants. You can browse for the different merchant service providers in online.

First Data Merchant Account

First Data merchant services corporation offers businesses a comprehensive line of payment processing solutions such as acceptance of all major credit cards and signature based debit cards and additional payment options such as PIN based debit cards gift card and electronic check services. You can apply for merchant account at First Data merchant account online at anytime from anywhere in the world. First Data merchant accounts are getting started easily by a call or chat with representative online or fill out the online application form. It brings you solutions that can build loyalty, attract repeat business, create process efficiencies & satisfy your customers with convenient and safe purchases. First Data merchant account services corporation has years of experience helping businesses with payment processing solutions. Their payment solutions may give you a competitive advantage and launching pad for new business-building opportunities.

Article Source: http://www.articlesbase.com/business-ideas-articles/online-merchant-services-and-first-data-merchant-account-6243149.html

About the Author

For more information about online merchant account services and first data merchant account services visit high risk merchant services, online merchant services, First Data merchant account