Want An Online Credit Card Merchant Account?
By Shane Penrod
An online credit card merchant account can help your business
in ways you might not have imagined. While it may seem as
though only high-ranking company executives or big-name
corporations might be interested in a merchant account, there
are many reasons why a small-scale entrepreneur or even a home
business owner might want to learn more about this unique
marketing and credit card payment tool.
One reason to consider an online credit card merchant account
is because you can apply directly through your company’s bank,
if you have been doing business with a local financial
institution. Chances are the bank can offer a merchant account
to business owners like you, but it is important to check the
terms and fees, since you may be able to get a better deal
elsewhere. Banks don’t always have the lowest prices on
accounts like this. You can browse the Internet or ask around
the business community to find out who has the lowest merchant
services account fees. The costs may include any combination of
the following: application fee, setup fee, gateway, maintenance
and service, annual membership, and others. However, some
account underwriters can waive some or all of these fees for
the right customer. Find out if your company is eligible for
these waivers or some type of discount before you apply.
Another reason to think about applying for an online credit
card merchant account is to upgrade your professional status
and enhance the way you do business. You don’t have to operate
in the mom-and-pop stage of development forever. Instead, you
can get the merchant account and start processing business
dealings faster and more efficiently than ever. Your customers
will admire and appreciate your efforts to make things work
better for them, and your employees will appreciate the time
saving steps that can be implemented with a merchant account.
When approved, your online credit card merchant account will
help you create a Website to represent your business on the
World Wide Web. Some underwriters provide free software and
setup while others charge for these services. Be sure that your
site offers an up-to-date image with plentiful information to
catch the browser’s eye and keep customers interested long
enough to make a sale. When they do decide to purchase
something, your merchant account setup will let them pay right
away with a credit card instead of waiting for a check to be
posted. The money will be funneled by the underwriter through a
gateway for deposit in your checking account.
With an online credit card merchant account, your Website can
soon become fully functional, alleviating much of the sales and
cashier work that your company may presently be handling. Your
time will be freed to deal with other aspects of the business,
perhaps the more creative venues. In the meantime the Website
will be automated enough to process payments without the help
of customer service, except for the occasional question or
problem, so keep someone available at least part-time for this
purpose.
Don’t wait for your competitors to jump at the chance to get
ahead of you. Find out now how you can apply for an affordable
online credit card merchant account.
About the Author: Shane Penrod is the owner of
http://www.merchant-account-quotes.com A site where you can
shop and compare multiple quotes from national leading merchant
account providers. http://www.merchant-account-quotes.com
Source: http://www.isnare.com
Friday, July 27, 2007
Friday, July 20, 2007
Online Payment Processing Equipment for Bussiness
Online Credit Card Account Access
By Adam Goldman
Credit cards, the Internet and online services all pave the
path towards a new era of technological advancements and
commercialised lifestyles. Nowadays, you won’t have to fly
halfway around the world or drive across town to purchase
authentic gifts for a loved one. Instead, you can just order it
online at home. Your gift will be wrapped and delivered right to
your door step. All you need is a secure connection, a working
credit card account and a little understanding of how to manage
an online account.
In fact, if you find it hard to keep your bills in order or
can’t find the time to drop in at the bank, then having an
online credit card account is the best way to solve your
problems. With this, you can actually manage all your finances
without you ever leaving your office, or even your desk. You
can make instant payments on the spot, check past transactions
easily and immediately print statements that would regularly
take weeks to get to your mailbox.
With all this convenience, anyone is bound to worry about the
security of having an online credit card account. If you are
able to access your account with your name, ID or a simple
password, it is possible for a thief who has the right
combination of these elements to access to your account. Thus,
it is important that you do not give out your personal
information to strangers or even callers over the phone.
Also, before you enter any sensitive information on your
browser, ensure that your browser is a secured browser that
utilizes Secure Sockets Layer (SSL) that encrypts data before
transmitting it to the server. Most banking websites utilize
secured web pages indicated by a locked padlock sign at the
bottom of the browser. Naturally, credit card users are advised
to not make financial transactions over public computers. Online
access can be a godsend to most of us who lead a busy lifestyle
but if we are not careful, we may lose our finances and
property to thieving scoundrels at the click of a mouse.
About the Author: Adam Goldman recommends Find Credit Cards for
finding a Visa card application. See
http://www.findcreditcards.org/issuer/visa.php for more
information
Source: http://www.isnare.com
By Adam Goldman
Credit cards, the Internet and online services all pave the
path towards a new era of technological advancements and
commercialised lifestyles. Nowadays, you won’t have to fly
halfway around the world or drive across town to purchase
authentic gifts for a loved one. Instead, you can just order it
online at home. Your gift will be wrapped and delivered right to
your door step. All you need is a secure connection, a working
credit card account and a little understanding of how to manage
an online account.
In fact, if you find it hard to keep your bills in order or
can’t find the time to drop in at the bank, then having an
online credit card account is the best way to solve your
problems. With this, you can actually manage all your finances
without you ever leaving your office, or even your desk. You
can make instant payments on the spot, check past transactions
easily and immediately print statements that would regularly
take weeks to get to your mailbox.
With all this convenience, anyone is bound to worry about the
security of having an online credit card account. If you are
able to access your account with your name, ID or a simple
password, it is possible for a thief who has the right
combination of these elements to access to your account. Thus,
it is important that you do not give out your personal
information to strangers or even callers over the phone.
Also, before you enter any sensitive information on your
browser, ensure that your browser is a secured browser that
utilizes Secure Sockets Layer (SSL) that encrypts data before
transmitting it to the server. Most banking websites utilize
secured web pages indicated by a locked padlock sign at the
bottom of the browser. Naturally, credit card users are advised
to not make financial transactions over public computers. Online
access can be a godsend to most of us who lead a busy lifestyle
but if we are not careful, we may lose our finances and
property to thieving scoundrels at the click of a mouse.
About the Author: Adam Goldman recommends Find Credit Cards for
finding a Visa card application. See
http://www.findcreditcards.org/issuer/visa.php for more
information
Source: http://www.isnare.com
Wednesday, July 18, 2007
Online Payment Processing Equipments for Business
Best Strategies For Online Approval Of Credit Card Application
By David Riewe
Credit cards had been a popular form of purchasing items on a
"chargeable" or borrowed term.
The advantages of having a credit card are:
1. Security, since one does not have to carry a large amount of
cash to purchase certain items.
2. Convenience. In case one has to purchase an item that is
immediately needed (and is out of cash), these can be purchased
using a credit card
3. Cash advances. Purchases that require cash payments may
still be accommodated by the credit card through the cash
advance feature. This works like a regular ATM transaction
(with of course a corresponding interest rate)
Disadvantages
1. Interest rate. Unlike purchasing with cash, credit card
charges come with a corresponding interest (unless paid before
the due date). The consumer should be aware of the various
interest rates offered by the different credit card companies.
One has to choose the mode of payment (plus the interest rate)
that would best suit his or her capacity to pay.
2. Overuse. A consumer tends to purchase items that are not
really needed or included in their budget if they have a credit
card that is ready to use.
3. Annual fees. Whether one chooses to use his or her card,
after activation, annual fees will be charged.
4. Other charges. A delay in the payment during one billing
period would incur you additional charges.
Credit card online approval usually is far easier than manual
applications that require various forms to be completed before
it can be processed. The company likewise is more likely to
receive your application on a shorter period of time as
compared to snail-mailing your forms.
For a faster credit card online approval, take into
consideration the following:
1. Do not leave any unanswered line, especially those marked
with a red asterisk.
2. After completion of the online application, immediately send
either through email or facsimile the additional requirements
needed.
3. Take into consideration that credit card companies
prioritize applications of the following group of people:
- married couples
- persons with a mortgaged house or car
- persons with several dependents
4. Choose credit card companies that have a promotional offer
in the application process, chances are, promos are offered due
to low application rate, thus prioritization your entry is a
sure shot.
The logic here is that the more obligations an applicant has,
the more they are likely to use the credit card, which
equivalents to higher earnings (through interest charges) on
their part.
About the Author: David Riewe is a Publisher and Online
Marketer. Visit his Credit Resources Blog Below:
http://www.push-button-online-income.com/creditcards/
Source: http://www.isnare.com
By David Riewe
Credit cards had been a popular form of purchasing items on a
"chargeable" or borrowed term.
The advantages of having a credit card are:
1. Security, since one does not have to carry a large amount of
cash to purchase certain items.
2. Convenience. In case one has to purchase an item that is
immediately needed (and is out of cash), these can be purchased
using a credit card
3. Cash advances. Purchases that require cash payments may
still be accommodated by the credit card through the cash
advance feature. This works like a regular ATM transaction
(with of course a corresponding interest rate)
Disadvantages
1. Interest rate. Unlike purchasing with cash, credit card
charges come with a corresponding interest (unless paid before
the due date). The consumer should be aware of the various
interest rates offered by the different credit card companies.
One has to choose the mode of payment (plus the interest rate)
that would best suit his or her capacity to pay.
2. Overuse. A consumer tends to purchase items that are not
really needed or included in their budget if they have a credit
card that is ready to use.
3. Annual fees. Whether one chooses to use his or her card,
after activation, annual fees will be charged.
4. Other charges. A delay in the payment during one billing
period would incur you additional charges.
Credit card online approval usually is far easier than manual
applications that require various forms to be completed before
it can be processed. The company likewise is more likely to
receive your application on a shorter period of time as
compared to snail-mailing your forms.
For a faster credit card online approval, take into
consideration the following:
1. Do not leave any unanswered line, especially those marked
with a red asterisk.
2. After completion of the online application, immediately send
either through email or facsimile the additional requirements
needed.
3. Take into consideration that credit card companies
prioritize applications of the following group of people:
- married couples
- persons with a mortgaged house or car
- persons with several dependents
4. Choose credit card companies that have a promotional offer
in the application process, chances are, promos are offered due
to low application rate, thus prioritization your entry is a
sure shot.
The logic here is that the more obligations an applicant has,
the more they are likely to use the credit card, which
equivalents to higher earnings (through interest charges) on
their part.
About the Author: David Riewe is a Publisher and Online
Marketer. Visit his Credit Resources Blog Below:
http://www.push-button-online-income.com/creditcards/
Source: http://www.isnare.com
Monday, July 2, 2007
Online Payment Processing Equipments for Business
Accepting Credit Cards: A Need of Every Business
By Paul MacIver
Credit cards are fast replacing the cash payment mechanisms. With online shopping a way of life now, it is imperative that businesses are able to accept credit cards. Today, an average citizen has at least four credit cards, and they are ready to shop using cards for anything, be it online or in shops.
With such good penetration of credit cards, any business owner, even if the scale of business is not too big, should not miss out on implementing credit card payment gateways at their business establishments or websites.
Implementing the Credit Card Payment System:
There are three important parts of a credit card processing system. The first part is a secure form; one that is S.S.L. enabled and will be used to take the credit card details of the customers. This form will capture the details of the customer's credit card and the total payment will be made.
S.S.L. is short for Secure Socket Layer, a way to encrypt the sensitive credit card information, and is supported by all major browsers and ISPs.
The second thing is getting a merchant account with the bank where all the money will be deposited. For that, you will have to get in touch with a bank that will set up the account etc.
Thirdly, you need payment-processing software, which will connect you with the bank and help you accept payments.
If you want, you can bypass all this and implement a third party account as well, which will take care of all these hassles while you get all your money. However, they charge on a per transaction basis, so on every transaction that they process, you will need to pay a fee. Some may also charge a one time account setup fee as well.
Benefits of Accepting Credit Card Payments:
Accepting credit cards is quite beneficial for all merchants, be it small business owners or large sellers. If a small business owner does not accept credit cards, he/she may lose on the huge crowd of customers in the market, as people prefer more and more to shop with cards.
Next, all the international customers like business travelers, or tourists, prefer to use credit cards when shopping. Tourism and travel are on an all time high, and any merchant who does not offer the facility to accept credit card payments will lose out to them.
There are many facilities which small business owners can derive from such a payment system. Visa has come up with a new cash and credit management product for small business owners. Most credit cards in the world are Visa cards.
Since online purchases can be safely and quickly made using credit cards, most people prefer card payments only. If a small business owner has not implemented the credit card facility for online customers, he/she may lose out to a large number of online shoppers.
Many customers are impulsive buyers. Such customers will buy whenever they see something interesting, wherever they see it. They may not have cash on them at the time, but if they like something, they will buy it with their credit card. So to harness such customers, small business owners need to put a credit card payments system in place.
Some customers may not have enough cash reserves to shop, but may choose to buy now and pay the credit card company later.
Checks cannot be used as a reliable method of accepting payments, as they may bounce due to insufficient funds. Credit cards relieve the merchant of the concerns whether he will get his money or not.
Small business owners can make money as well as save money, as credit card payments are faster modes of payment especially if the business is run online.
Paul MacIver is a contributing author for Mega Info Spot - Visit Accept Credit Cards for further info on Credit Card Processing and setting up a merchant account.
Article Source: http://EzineArticles.com/?expert=Paul_MacIver
http://EzineArticles.com/?Accepting-Credit-Cards:-A-Need-of-Every-Business&id=269919
By Paul MacIver
Credit cards are fast replacing the cash payment mechanisms. With online shopping a way of life now, it is imperative that businesses are able to accept credit cards. Today, an average citizen has at least four credit cards, and they are ready to shop using cards for anything, be it online or in shops.
With such good penetration of credit cards, any business owner, even if the scale of business is not too big, should not miss out on implementing credit card payment gateways at their business establishments or websites.
Implementing the Credit Card Payment System:
There are three important parts of a credit card processing system. The first part is a secure form; one that is S.S.L. enabled and will be used to take the credit card details of the customers. This form will capture the details of the customer's credit card and the total payment will be made.
S.S.L. is short for Secure Socket Layer, a way to encrypt the sensitive credit card information, and is supported by all major browsers and ISPs.
The second thing is getting a merchant account with the bank where all the money will be deposited. For that, you will have to get in touch with a bank that will set up the account etc.
Thirdly, you need payment-processing software, which will connect you with the bank and help you accept payments.
If you want, you can bypass all this and implement a third party account as well, which will take care of all these hassles while you get all your money. However, they charge on a per transaction basis, so on every transaction that they process, you will need to pay a fee. Some may also charge a one time account setup fee as well.
Benefits of Accepting Credit Card Payments:
Accepting credit cards is quite beneficial for all merchants, be it small business owners or large sellers. If a small business owner does not accept credit cards, he/she may lose on the huge crowd of customers in the market, as people prefer more and more to shop with cards.
Next, all the international customers like business travelers, or tourists, prefer to use credit cards when shopping. Tourism and travel are on an all time high, and any merchant who does not offer the facility to accept credit card payments will lose out to them.
There are many facilities which small business owners can derive from such a payment system. Visa has come up with a new cash and credit management product for small business owners. Most credit cards in the world are Visa cards.
Since online purchases can be safely and quickly made using credit cards, most people prefer card payments only. If a small business owner has not implemented the credit card facility for online customers, he/she may lose out to a large number of online shoppers.
Many customers are impulsive buyers. Such customers will buy whenever they see something interesting, wherever they see it. They may not have cash on them at the time, but if they like something, they will buy it with their credit card. So to harness such customers, small business owners need to put a credit card payments system in place.
Some customers may not have enough cash reserves to shop, but may choose to buy now and pay the credit card company later.
Checks cannot be used as a reliable method of accepting payments, as they may bounce due to insufficient funds. Credit cards relieve the merchant of the concerns whether he will get his money or not.
Small business owners can make money as well as save money, as credit card payments are faster modes of payment especially if the business is run online.
Paul MacIver is a contributing author for Mega Info Spot - Visit Accept Credit Cards for further info on Credit Card Processing and setting up a merchant account.
Article Source: http://EzineArticles.com/?expert=Paul_MacIver
http://EzineArticles.com/?Accepting-Credit-Cards:-A-Need-of-Every-Business&id=269919
Monday, May 14, 2007
Online Payment Processing Equipments for Busuness
A Guide To Receiving Online Payments
By Jakob Jelling
The World Wide Web has become an integral part of our lives. It has penetrated so deeply into our daily living that people now turn towards the World Wide Web for buying clothes, books, electronic equipment etc. For an online seller, then, it becomes imperative to find means to make an online transaction as easy and painless as possible. Since most people prefer to use their credit cards while shopping, webmasters need to integrate this service into their online shopping websites. An answer to your online payment needs can be a payment processing company.
Most online shopping sites enter into a business alliance with payment processing companies. However, you should diligently comb the market for the best deal before you sign up with a service. Make sure that they are not overcharging you. Also, check out their reputation in the market – are they known for their fair minded financial and business transactions? This kind of a company operates through two types of services – one id intended for companies with merchant accounts with their banks and the other for companies who do not possess this kind of a bank account. The first kind of service is generally used by fairly large financial institutions and organizations dealing in independent sales.
The advantage of having a merchant account is that you can receive payments within a few days of the transaction. However, if you do not have a merchant bank account, the payment processing company receives the payment on your behalf initially. The mode of operation is that the buyer will fulfill the transaction not on the seller’s website, but on the site of the payment processing company. (If you choose the former service, the processing company will help you enable your website to receive payments from the buyer directly.) Also, it is only a few times in a month that the processing company will forward you the payments.
There are a couple of steps which need to be completed before your website can host the facility of receiving payments through a credit card. Firstly, you will have to host an order form on your website. You then need to establish a gateway. This kind of service transfers the customer’s payment and credit card information to the payment processing company. You would then need to establish the facility of a shopping cart on your website. If your site already hosts this function, the payment processing company will surely be able to integrate its services with it.
About The Author
Jakob Jelling is the founder of http://www.sitetube.com.
Visit his website for the latest on planning, building, promoting and maintaining websites.
Article Source: http://EzineArticles.com/?expert=Jakob_Jelling
http://EzineArticles.com/?A-Guide-To-Receiving-Online-Payments&id=230304
By Jakob Jelling
The World Wide Web has become an integral part of our lives. It has penetrated so deeply into our daily living that people now turn towards the World Wide Web for buying clothes, books, electronic equipment etc. For an online seller, then, it becomes imperative to find means to make an online transaction as easy and painless as possible. Since most people prefer to use their credit cards while shopping, webmasters need to integrate this service into their online shopping websites. An answer to your online payment needs can be a payment processing company.
Most online shopping sites enter into a business alliance with payment processing companies. However, you should diligently comb the market for the best deal before you sign up with a service. Make sure that they are not overcharging you. Also, check out their reputation in the market – are they known for their fair minded financial and business transactions? This kind of a company operates through two types of services – one id intended for companies with merchant accounts with their banks and the other for companies who do not possess this kind of a bank account. The first kind of service is generally used by fairly large financial institutions and organizations dealing in independent sales.
The advantage of having a merchant account is that you can receive payments within a few days of the transaction. However, if you do not have a merchant bank account, the payment processing company receives the payment on your behalf initially. The mode of operation is that the buyer will fulfill the transaction not on the seller’s website, but on the site of the payment processing company. (If you choose the former service, the processing company will help you enable your website to receive payments from the buyer directly.) Also, it is only a few times in a month that the processing company will forward you the payments.
There are a couple of steps which need to be completed before your website can host the facility of receiving payments through a credit card. Firstly, you will have to host an order form on your website. You then need to establish a gateway. This kind of service transfers the customer’s payment and credit card information to the payment processing company. You would then need to establish the facility of a shopping cart on your website. If your site already hosts this function, the payment processing company will surely be able to integrate its services with it.
About The Author
Jakob Jelling is the founder of http://www.sitetube.com.
Visit his website for the latest on planning, building, promoting and maintaining websites.
Article Source: http://EzineArticles.com/?expert=Jakob_Jelling
http://EzineArticles.com/?A-Guide-To-Receiving-Online-Payments&id=230304
Saturday, May 12, 2007
Online Payment Processing Equipments for Busuness
Direct Merchant Credit Card Applications
By Eric Morris
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
Direct merchant credit card applications are somewhat complex in nature. It is not like setting up a consumer credit card application. It is entirely different from opening a business checking account. Direct merchant credit card is a special banking account used for handling the income from credit card deals. The merchant account issuer confirms the credit card, processes the transaction, and deposits the balance into your account normally within 24 to 48 hours.
In general, there are two ways to apply for a credit card - a paper copy application and an online credit card application. Online application is the easiest and fastest way to get a credit card. While applying for a credit card online, it is necessary to check whether the website offers a safe means to protect your private details.
There are three types of merchant account fees. The first is an initial setup fee required to approve and set up your account. The second is the percentage fee which is a proportion of each credit card transaction depending on your total volume of sales. It is inversely proportional to the sales volume. The last one is a monthly service fee, which includes the cost of any credit card processing equipment, software or services. These fees differ from credit card company to company.
Credit Card Applications provides detailed information on Credit Card Applications, Online Credit Card Applications, Student Credit Card Applications, Instant Credit Card Applications and more. Credit Card Applications is affiliated with Free Credit Card Offers.
Article Source: http://EzineArticles.com/?expert=Eric_Morris
http://EzineArticles.com/?Direct-Merchant-Credit-Card-Applications&id=353163
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
By Eric Morris
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
Direct merchant credit card applications are somewhat complex in nature. It is not like setting up a consumer credit card application. It is entirely different from opening a business checking account. Direct merchant credit card is a special banking account used for handling the income from credit card deals. The merchant account issuer confirms the credit card, processes the transaction, and deposits the balance into your account normally within 24 to 48 hours.
In general, there are two ways to apply for a credit card - a paper copy application and an online credit card application. Online application is the easiest and fastest way to get a credit card. While applying for a credit card online, it is necessary to check whether the website offers a safe means to protect your private details.
There are three types of merchant account fees. The first is an initial setup fee required to approve and set up your account. The second is the percentage fee which is a proportion of each credit card transaction depending on your total volume of sales. It is inversely proportional to the sales volume. The last one is a monthly service fee, which includes the cost of any credit card processing equipment, software or services. These fees differ from credit card company to company.
Credit Card Applications provides detailed information on Credit Card Applications, Online Credit Card Applications, Student Credit Card Applications, Instant Credit Card Applications and more. Credit Card Applications is affiliated with Free Credit Card Offers.
Article Source: http://EzineArticles.com/?expert=Eric_Morris
http://EzineArticles.com/?Direct-Merchant-Credit-Card-Applications&id=353163
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
Friday, May 11, 2007
Online Payment Processing Equipments for Busuness
Direct Merchant Credit Card Applications
By Eric Morris
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
Direct merchant credit card applications are somewhat complex in nature. It is not like setting up a consumer credit card application. It is entirely different from opening a business checking account. Direct merchant credit card is a special banking account used for handling the income from credit card deals. The merchant account issuer confirms the credit card, processes the transaction, and deposits the balance into your account normally within 24 to 48 hours.
In general, there are two ways to apply for a credit card - a paper copy application and an online credit card application. Online application is the easiest and fastest way to get a credit card. While applying for a credit card online, it is necessary to check whether the website offers a safe means to protect your private details.
There are three types of merchant account fees. The first is an initial setup fee required to approve and set up your account. The second is the percentage fee which is a proportion of each credit card transaction depending on your total volume of sales. It is inversely proportional to the sales volume. The last one is a monthly service fee, which includes the cost of any credit card processing equipment, software or services. These fees differ from credit card company to company.
Credit Card Applications provides detailed information on Credit Card Applications, Online Credit Card Applications, Student Credit Card Applications, Instant Credit Card Applications and more. Credit Card Applications is affiliated with Free Credit Card Offers.
Article Source: http://EzineArticles.com/?expert=Eric_Morris
http://EzineArticles.com/?Direct-Merchant-Credit-Card-Applications&id=353163
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
By Eric Morris
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
Direct merchant credit card applications are somewhat complex in nature. It is not like setting up a consumer credit card application. It is entirely different from opening a business checking account. Direct merchant credit card is a special banking account used for handling the income from credit card deals. The merchant account issuer confirms the credit card, processes the transaction, and deposits the balance into your account normally within 24 to 48 hours.
In general, there are two ways to apply for a credit card - a paper copy application and an online credit card application. Online application is the easiest and fastest way to get a credit card. While applying for a credit card online, it is necessary to check whether the website offers a safe means to protect your private details.
There are three types of merchant account fees. The first is an initial setup fee required to approve and set up your account. The second is the percentage fee which is a proportion of each credit card transaction depending on your total volume of sales. It is inversely proportional to the sales volume. The last one is a monthly service fee, which includes the cost of any credit card processing equipment, software or services. These fees differ from credit card company to company.
Credit Card Applications provides detailed information on Credit Card Applications, Online Credit Card Applications, Student Credit Card Applications, Instant Credit Card Applications and more. Credit Card Applications is affiliated with Free Credit Card Offers.
Article Source: http://EzineArticles.com/?expert=Eric_Morris
http://EzineArticles.com/?Direct-Merchant-Credit-Card-Applications&id=353163
For processing any online order, a business website should provide an online payment choice. The most common form of payment is through merchant credit card. Marketing studies indicate that if a site is not made to accept credit cards, it would lose 60-80% of its potential orders. A direct merchant credit card account is one of the best ways for any business to boost sales.
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