Business Merchant Account - Get One
By Joshua Feinberg
Business merchant accounts are critical to have if you want to
accept credit cards. Business merchant accounts are not limited
to those computer consultants reselling products either. They
are a good idea for any sale, especially when you are selling to
new clients.
If you have a business merchant account you will not have to
chase down outstanding debt. The cost is not that high and you
don't have to buy traditional credit card processing equipment.
Now they have what is called a lab terminal, which allows you to
use your web browser to manage the transactions. The systems are
completely secure and most business merchant account providers
team up with larger companies that offer great advantages.
Costco's Business Merchant Account
One of the biggest secrets we learned about business merchant
accounts is that Costco provides a fantastic deal on credit card
processing through Nova Systems. It's such a great deal it can
actually pay for your entire Costco membership. Here are some
particulars:
All of the monthly statement and gateway fees are waived -
savings of $25 - $50 per month
Very competitive discount rates on Visa and MasterCard.
You can add on processing for American Express and Discover -
you will find that even though American Express transaction fees
are higher, it is a very popular card with small businesses.
The charges billed are transferred quickly and directly into
your business bank account - this is a lot faster than doing
your billing or invoicing once a week or so.
Paypal
Paypal is a popular alternative to traditional business
merchant accounts. Paypal is very easy to set up and the set up
is free. There are restrictions though on what you can do and
how you can withdraw your money. The largest drawback is the
negative connotation of being an ebay related service where
people sell garage sale stuff as a hobby.
The Bottom Line on Business Merchant Accounts
Business merchant accounts will help you get paid faster. There
are fees involved but the customer convenience and no hassle
approach to receiving your money make it worthwhile. There are
different business merchant accounts available so do your
homework and choose the one that makes the best sense for you.
Copyright MMI-MMVI, Small Biz Tech Talk. All Worldwide Rights
Reserved. {Attention Publishers: Live hyperlink in author
resource box required for copyright compliance}
About the Author: Joshua Feinberg helps computer consultant
business owners get steady, high-paying clients. Sign-up now for
Joshua's free audio training that shows you how to use
field-tested, proven Small Biz Tech Talk tools at
http://www.SmallBizTechTalk.com/blog
Source: http://www.isnare.com
Tuesday, August 7, 2007
Tuesday, July 31, 2007
Internet Merchant Account
Internet Merchant Accounts
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
An Internet merchant account can help you use and accept all modes of payment, such as credit, debit, and EBT. Today, many people use credit cards and electronic checks to pay for goods. People use them everywhere, especially online. In other words, to conduct a transaction on the World Wide Web, one does need to have a credit card or a bank account.
If you are a business proprietor then you cannot operate on the Internet unless you accept these forms of payment. You need to set up a certain infrastructure to be able to accept these various forms of payments, which is where an Internet merchant account comes into play.
Processing all forms of payment is good for business since it increases a merchant's consumer base. An Internet merchant account not only allows the business owner to accept major credit cards and personal checks, but also allows them to process the payments in a risk-free, secure way. In an electronic environment, the customer can key in his or her personal and financial information via the secure network and the web pages would direct him or her through the entire sales process. The customer knows that that all the information is secure and the merchant knows that the funds will be placed in the business account shortly.
The business owner can purchase various types of “Buy it” buttons from the merchant account gateway. Once the customer clicks on the button to purchase an item, the customer is automatically shifted to the section for payment methods. Such an account can also computes taxes for each item sold as per the requirement for domestic and foreign rates for United States Mail, FedEx, and UPS.
Payment methods, tax calculations, and shipping preferences are few of the steps in the purchasing transaction that are handled automatically and quickly. By assisting the consumer and making the payment environment easy and safe to use, the merchant has provided exceptional customer service. [http://www.e-highriskmerchantaccounts.com]High Risk Merchant Accounts provides detailed information about high risk merchant accounts, high risk offshore merchant accounts and more. High Risk Merchant Accounts is affiliated with [http://www.i-backgroundchecks.com]Background Checks.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Internet-Merchant-Accounts&id=131762
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
An Internet merchant account can help you use and accept all modes of payment, such as credit, debit, and EBT. Today, many people use credit cards and electronic checks to pay for goods. People use them everywhere, especially online. In other words, to conduct a transaction on the World Wide Web, one does need to have a credit card or a bank account.
If you are a business proprietor then you cannot operate on the Internet unless you accept these forms of payment. You need to set up a certain infrastructure to be able to accept these various forms of payments, which is where an Internet merchant account comes into play.
Processing all forms of payment is good for business since it increases a merchant's consumer base. An Internet merchant account not only allows the business owner to accept major credit cards and personal checks, but also allows them to process the payments in a risk-free, secure way. In an electronic environment, the customer can key in his or her personal and financial information via the secure network and the web pages would direct him or her through the entire sales process. The customer knows that that all the information is secure and the merchant knows that the funds will be placed in the business account shortly.
The business owner can purchase various types of “Buy it” buttons from the merchant account gateway. Once the customer clicks on the button to purchase an item, the customer is automatically shifted to the section for payment methods. Such an account can also computes taxes for each item sold as per the requirement for domestic and foreign rates for United States Mail, FedEx, and UPS.
Payment methods, tax calculations, and shipping preferences are few of the steps in the purchasing transaction that are handled automatically and quickly. By assisting the consumer and making the payment environment easy and safe to use, the merchant has provided exceptional customer service. [http://www.e-highriskmerchantaccounts.com]High Risk Merchant Accounts provides detailed information about high risk merchant accounts, high risk offshore merchant accounts and more. High Risk Merchant Accounts is affiliated with [http://www.i-backgroundchecks.com]Background Checks.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Internet-Merchant-Accounts&id=131762
Friday, July 27, 2007
Internet Merchant Account
Internet Merchant Shopping Smarts
By Gloria Diaz
Need the perfect outfit or shoes for a party but don't have the
time to browse through the mall's racks? If the thought of
pushing your way through throngs of shoppers and wandering
teenagers is making your skin crawl, you know you're more likely
to pass up on the event. But why miss a potentially great party
just because you haven't got the time to shop for clothes? Fret
not. Internet merchants and online payment processors are here
to provide solutions to your shopping woes. Since shopping
through internet merchants and online payment processors is
pretty easy, whole afternoons are not wasted just trying to find
the right item. With a few clicks, dozens of purchases can be
made.
Internet merchants and online payment processors offer
convenience, something that can't be said about regular
shopping. Since most of us want and need anything that can make
life easier, internet shopping is the way to go. Virtual
auctions and stores like Amazon, Sotheby's, and Christie's have
extensive collection of products ranging from the ordinary to
highly specialized artifacts and collectibles. Most virtual
stores have almost a limitless array of products, unlike the
mall, which run out of stocks in your size. Net shoppers can
easily canvass prices and find the best deals by hopping from
one merchant site to another minus aching feet. A woman who digs
Prada shoes, for example, can leisurely browse online catalogs
before deciding on a purchase. She can check out dozens of
virtual stores while at home or during an office break. Online
shopping is similar on-site shopping, only much better and
comfortable.
Wait, before you get frantic and max out your card, breathe
deeply and read on. Internet merchants and online payment
processors are not foolproof. Be very careful in doing business
with these online merchants. Payment in internet shopping is
done through online payment processors which are not entirely
secure from hackers and identity thieves. Chances exist that
clever hackers and other unscrupulous individuals can break into
your credit card account. These hackers can also use your
personal information for illegal purposes. You might just be
surprised with excessive credit card bills for items you didn't
buy and received. To add insult to injury, products sold in
virtual shops are generally more expensive. For limited and
strict budgets, on-site shopping is better. Or, you can spend
time browsing through different sites to compare prices.
Internet merchants and online payment processors are convenient
alternatives to ordinary shopping. To keep enjoying its
benefits, don't forget to be smart and be aware of the possible
risks.
About the Author: For more valuable information on Internet
Merchants and Online Payment Processors, please visit
http://www.internetmerchants.info
Source: http://www.isnare.com
By Gloria Diaz
Need the perfect outfit or shoes for a party but don't have the
time to browse through the mall's racks? If the thought of
pushing your way through throngs of shoppers and wandering
teenagers is making your skin crawl, you know you're more likely
to pass up on the event. But why miss a potentially great party
just because you haven't got the time to shop for clothes? Fret
not. Internet merchants and online payment processors are here
to provide solutions to your shopping woes. Since shopping
through internet merchants and online payment processors is
pretty easy, whole afternoons are not wasted just trying to find
the right item. With a few clicks, dozens of purchases can be
made.
Internet merchants and online payment processors offer
convenience, something that can't be said about regular
shopping. Since most of us want and need anything that can make
life easier, internet shopping is the way to go. Virtual
auctions and stores like Amazon, Sotheby's, and Christie's have
extensive collection of products ranging from the ordinary to
highly specialized artifacts and collectibles. Most virtual
stores have almost a limitless array of products, unlike the
mall, which run out of stocks in your size. Net shoppers can
easily canvass prices and find the best deals by hopping from
one merchant site to another minus aching feet. A woman who digs
Prada shoes, for example, can leisurely browse online catalogs
before deciding on a purchase. She can check out dozens of
virtual stores while at home or during an office break. Online
shopping is similar on-site shopping, only much better and
comfortable.
Wait, before you get frantic and max out your card, breathe
deeply and read on. Internet merchants and online payment
processors are not foolproof. Be very careful in doing business
with these online merchants. Payment in internet shopping is
done through online payment processors which are not entirely
secure from hackers and identity thieves. Chances exist that
clever hackers and other unscrupulous individuals can break into
your credit card account. These hackers can also use your
personal information for illegal purposes. You might just be
surprised with excessive credit card bills for items you didn't
buy and received. To add insult to injury, products sold in
virtual shops are generally more expensive. For limited and
strict budgets, on-site shopping is better. Or, you can spend
time browsing through different sites to compare prices.
Internet merchants and online payment processors are convenient
alternatives to ordinary shopping. To keep enjoying its
benefits, don't forget to be smart and be aware of the possible
risks.
About the Author: For more valuable information on Internet
Merchants and Online Payment Processors, please visit
http://www.internetmerchants.info
Source: http://www.isnare.com
Tuesday, July 24, 2007
Internet Merchant Account
Internet Merchant Accounts For Innocents Abroad
By T. O' Donnell
If you want to sell on the internet, your need to accept credit
cards. To accept credit cards, you need a merchant account, or
access to one. There're two ways of getting this: Get your own
merchant account, or 'pimp' off someone else's.
The latter is the option most new merchants choose. You use a
third-party to process your payments, and they take percentage.
Here are a few popular ones:
PayPal.com (http://www.paypal.com)
I don't recommend them as your main processor. See
http://www.paypalsucks.com. PayPal is popular because it was
'firstest with the mostest' on auction sites. For this reason,
eBay bought them out. PayPalSucks.com alleges that if you have a
bad order they freeze your account, and can even dip into your
bank account to make up any shortfalls. Mitigating circumstances
are not taken into account. I've read enough complaints about
PayPal on webmaster forums to heed them.
The usual rejoinder is; "But I've never had any problems with
PayPal". To which is usually retorted "Just wait 'till you get a
chargeback!"
A chargeback occurs when someone asks their credit-card company
for a refund. They say they didn't get the goods, or they never
made the order, or the goods were not as advertised. This is
passed on to the processor, who in turn debits the merchant. Or
drops him entirely. You don't want too many of these.
I've used them for years for small amounts, with no problem,
but on the basis of others' complaints in webmaster forums, I
wouldn't use them for large ones. Don't leave large amounts 'on
deposit' in any internet-based company; they're not banks, and
even banks go bust occasionally.
The best use for PayPal is to entice customers who already use
it. Find another provider to be your main one. One like ...
2Checkout.com (http://www.2checkout.com)
This is a factoring service like PayPal. Unlike them, they have
a pretty good reputation with webmasters. Like PayPal, they
don't provide you with a merchant account; they process your
orders through their own.
This is why such sites have to be very stringent; they are
answerable to their own merchant account provider. Too many
bogus orders, and they go out of business.
This is why third-party factoring services like 2Checkout are
very useful to a newbie merchant: fraud prevention. They can
screen out suspicious orders.
Most merchants would like to think they can sell worldwide. The
fact is most of the world is poor; MOST countries can't afford
your goods. So some citizens try to get them fraudulently.
A smart merchant would bar most of the world from accessing his
cart, and only accept orders from the USA, Canada, western
Europe, Australia and New Zealand, and his home country. Harsh,
but you'll sleep better at night.
WorldPay (http://www.worldpay.com)
A well-regarded service. I found adding it to the Oscommerce
cart (http://www.oscommerce.com) a bit of a chore, but it
worked. More expensive to join than 2Checkout. You don't hear
many gripes about WorldPay, which is rare in webmaster circles.
ClickBank.com (http://www.clickbank.com)
Handy if you're selling a few items of inexpensive software to
start off your business. They'll let you up the price once
they're sure of you. I managed to get them to go up to $150
(whoo!). I was very jealous of their system. It's well designed
and extremely 'viral'; they're basically a huge affiliate
program. Join ClickBank, and others will try and sell your
product for you.
They allow you to block whole continents from trying to buy
your product, and that is good. The odds are that a $25 order
for an ebook, from a third-world country, is fraudulent.
If an order looks dodgy, it probably is. Contact the customer
by 'phone or email. If you don't get a satisfactory reply,
refund the card.
When you're making $1000+ a month, get your own merchant
account.
MerchantSeek (http://www.merchantseek.com)
A useful collection of affiliate links to merchant account and
processing providers. Scroll down their front page to their
search tool. You can find an account that suits your needs. This
is most helpful to non-U.S. merchants, or those seeking
'international merchant accounts'.
In the UK, look for 'merchant services' at:
Barclays bank (http://www.barclaycardmerchantservices.co.uk)
NatWest (http://www.natwest.com)
Bank Of Scotland (http://www.bankofscotland.co.uk)
Royal Bank Of Scotland (http://www.rbs.co.uk)
Streamline (http://www.streamline.com)
UK processing services are:
Secpay (http://www.secpay.com)
Netbanx (http://www.netinvest.co.uk)
Protx (http://www.protx.com)
Having one's own merchant account means paying less in
processing fees.
IMPORTANT: You should specify up-front that you are looking for
an internet merchant account. Internet transactions are viewed
as higher risk than those by bricks-and-mortar businesses. The
technical term is 'card not present'.
Some things you may need, if applying for an internet merchant
account of your own:
Business bank account;
Photocopy of a voided cheque for said account;
Copy of the articles of incorporation of your company;
Photocopy of your return policy information;
Trade references;
Photocopy of your driver's license or passport.
In short, you need to prove that both you and your company are
what you say they are. Your account provider is taking a chance
on you. You might send them a ton of bogus orders. A bank is a
business too, not a community service. Help them to make the
right decision! The more you can establish that you are
bona-fide, the lower the cost of your account.
Things to avoid, if you can:
a) Expensive credit-card processing software rental or
hire-purchase.
b) Monthly fees.
c) High discounts (the % of your sales they keep).
d) Fat fees up front (anything over $500 is a joke).
e) Salesmen calling you up with a spiel.
f) Getting lumbered with hiring their shopping cart as well.
Things to look out for at sites offering merchant accounts:
If you need to maintain a U.S. presence - full U.S.
incorporation, U.S. server, U.S. offices, U.S. bank account - or
NOT.
Also if they want a deposit, and the size of their application
fee. And the usual monthly minimums, discounts etc.
Avoid getting into any software purchase or equipment rental.
You can sort all that out later, for less money. There are
plenty of good payment gateways, like Authorize.net
(http://www.authorize.net) just itching for your business.
PS: Don't accept a merchant account from an Eastern European
bank. I did, some years ago. The bank went bust. One guy wailed
on Usenet that he'd lost $10,000 dollars. Luckily for me,
business was bad that year!
About the Author: T. O' Donnell (http://www.tigertom.com) is an
ecommerce consultant in London, UK. His latest projects are a
mortgage calculator and ebook, available at
http://www.tigertom.com/mortgages-uk.shtml
Source: http://www.isnare.com
By T. O' Donnell
If you want to sell on the internet, your need to accept credit
cards. To accept credit cards, you need a merchant account, or
access to one. There're two ways of getting this: Get your own
merchant account, or 'pimp' off someone else's.
The latter is the option most new merchants choose. You use a
third-party to process your payments, and they take percentage.
Here are a few popular ones:
PayPal.com (http://www.paypal.com)
I don't recommend them as your main processor. See
http://www.paypalsucks.com. PayPal is popular because it was
'firstest with the mostest' on auction sites. For this reason,
eBay bought them out. PayPalSucks.com alleges that if you have a
bad order they freeze your account, and can even dip into your
bank account to make up any shortfalls. Mitigating circumstances
are not taken into account. I've read enough complaints about
PayPal on webmaster forums to heed them.
The usual rejoinder is; "But I've never had any problems with
PayPal". To which is usually retorted "Just wait 'till you get a
chargeback!"
A chargeback occurs when someone asks their credit-card company
for a refund. They say they didn't get the goods, or they never
made the order, or the goods were not as advertised. This is
passed on to the processor, who in turn debits the merchant. Or
drops him entirely. You don't want too many of these.
I've used them for years for small amounts, with no problem,
but on the basis of others' complaints in webmaster forums, I
wouldn't use them for large ones. Don't leave large amounts 'on
deposit' in any internet-based company; they're not banks, and
even banks go bust occasionally.
The best use for PayPal is to entice customers who already use
it. Find another provider to be your main one. One like ...
2Checkout.com (http://www.2checkout.com)
This is a factoring service like PayPal. Unlike them, they have
a pretty good reputation with webmasters. Like PayPal, they
don't provide you with a merchant account; they process your
orders through their own.
This is why such sites have to be very stringent; they are
answerable to their own merchant account provider. Too many
bogus orders, and they go out of business.
This is why third-party factoring services like 2Checkout are
very useful to a newbie merchant: fraud prevention. They can
screen out suspicious orders.
Most merchants would like to think they can sell worldwide. The
fact is most of the world is poor; MOST countries can't afford
your goods. So some citizens try to get them fraudulently.
A smart merchant would bar most of the world from accessing his
cart, and only accept orders from the USA, Canada, western
Europe, Australia and New Zealand, and his home country. Harsh,
but you'll sleep better at night.
WorldPay (http://www.worldpay.com)
A well-regarded service. I found adding it to the Oscommerce
cart (http://www.oscommerce.com) a bit of a chore, but it
worked. More expensive to join than 2Checkout. You don't hear
many gripes about WorldPay, which is rare in webmaster circles.
ClickBank.com (http://www.clickbank.com)
Handy if you're selling a few items of inexpensive software to
start off your business. They'll let you up the price once
they're sure of you. I managed to get them to go up to $150
(whoo!). I was very jealous of their system. It's well designed
and extremely 'viral'; they're basically a huge affiliate
program. Join ClickBank, and others will try and sell your
product for you.
They allow you to block whole continents from trying to buy
your product, and that is good. The odds are that a $25 order
for an ebook, from a third-world country, is fraudulent.
If an order looks dodgy, it probably is. Contact the customer
by 'phone or email. If you don't get a satisfactory reply,
refund the card.
When you're making $1000+ a month, get your own merchant
account.
MerchantSeek (http://www.merchantseek.com)
A useful collection of affiliate links to merchant account and
processing providers. Scroll down their front page to their
search tool. You can find an account that suits your needs. This
is most helpful to non-U.S. merchants, or those seeking
'international merchant accounts'.
In the UK, look for 'merchant services' at:
Barclays bank (http://www.barclaycardmerchantservices.co.uk)
NatWest (http://www.natwest.com)
Bank Of Scotland (http://www.bankofscotland.co.uk)
Royal Bank Of Scotland (http://www.rbs.co.uk)
Streamline (http://www.streamline.com)
UK processing services are:
Secpay (http://www.secpay.com)
Netbanx (http://www.netinvest.co.uk)
Protx (http://www.protx.com)
Having one's own merchant account means paying less in
processing fees.
IMPORTANT: You should specify up-front that you are looking for
an internet merchant account. Internet transactions are viewed
as higher risk than those by bricks-and-mortar businesses. The
technical term is 'card not present'.
Some things you may need, if applying for an internet merchant
account of your own:
Business bank account;
Photocopy of a voided cheque for said account;
Copy of the articles of incorporation of your company;
Photocopy of your return policy information;
Trade references;
Photocopy of your driver's license or passport.
In short, you need to prove that both you and your company are
what you say they are. Your account provider is taking a chance
on you. You might send them a ton of bogus orders. A bank is a
business too, not a community service. Help them to make the
right decision! The more you can establish that you are
bona-fide, the lower the cost of your account.
Things to avoid, if you can:
a) Expensive credit-card processing software rental or
hire-purchase.
b) Monthly fees.
c) High discounts (the % of your sales they keep).
d) Fat fees up front (anything over $500 is a joke).
e) Salesmen calling you up with a spiel.
f) Getting lumbered with hiring their shopping cart as well.
Things to look out for at sites offering merchant accounts:
If you need to maintain a U.S. presence - full U.S.
incorporation, U.S. server, U.S. offices, U.S. bank account - or
NOT.
Also if they want a deposit, and the size of their application
fee. And the usual monthly minimums, discounts etc.
Avoid getting into any software purchase or equipment rental.
You can sort all that out later, for less money. There are
plenty of good payment gateways, like Authorize.net
(http://www.authorize.net) just itching for your business.
PS: Don't accept a merchant account from an Eastern European
bank. I did, some years ago. The bank went bust. One guy wailed
on Usenet that he'd lost $10,000 dollars. Luckily for me,
business was bad that year!
About the Author: T. O' Donnell (http://www.tigertom.com) is an
ecommerce consultant in London, UK. His latest projects are a
mortgage calculator and ebook, available at
http://www.tigertom.com/mortgages-uk.shtml
Source: http://www.isnare.com
Monday, July 23, 2007
Internet Merchant Accounts
Business Merchant Account - Get One
By Joshua Feinberg
Business merchant accounts are critical to have if you want to
accept credit cards. Business merchant accounts are not limited
to those computer consultants reselling products either. They
are a good idea for any sale, especially when you are selling to
new clients.
If you have a business merchant account you will not have to
chase down outstanding debt. The cost is not that high and you
don't have to buy traditional credit card processing equipment.
Now they have what is called a lab terminal, which allows you to
use your web browser to manage the transactions. The systems are
completely secure and most business merchant account providers
team up with larger companies that offer great advantages.
Costco's Business Merchant Account
One of the biggest secrets we learned about business merchant
accounts is that Costco provides a fantastic deal on credit card
processing through Nova Systems. It's such a great deal it can
actually pay for your entire Costco membership. Here are some
particulars:
All of the monthly statement and gateway fees are waived -
savings of $25 - $50 per month
Very competitive discount rates on Visa and MasterCard.
You can add on processing for American Express and Discover -
you will find that even though American Express transaction fees
are higher, it is a very popular card with small businesses.
The charges billed are transferred quickly and directly into
your business bank account - this is a lot faster than doing
your billing or invoicing once a week or so.
Paypal
Paypal is a popular alternative to traditional business
merchant accounts. Paypal is very easy to set up and the set up
is free. There are restrictions though on what you can do and
how you can withdraw your money. The largest drawback is the
negative connotation of being an ebay related service where
people sell garage sale stuff as a hobby.
The Bottom Line on Business Merchant Accounts
Business merchant accounts will help you get paid faster. There
are fees involved but the customer convenience and no hassle
approach to receiving your money make it worthwhile. There are
different business merchant accounts available so do your
homework and choose the one that makes the best sense for you.
Copyright MMI-MMVI, Small Biz Tech Talk. All Worldwide Rights
Reserved. {Attention Publishers: Live hyperlink in author
resource box required for copyright compliance}
About the Author: Joshua Feinberg helps computer consultant
business owners get steady, high-paying clients. Sign-up now for
Joshua's free audio training that shows you how to use
field-tested, proven Small Biz Tech Talk tools at
http://www.SmallBizTechTalk.com/blog
Source: http://www.isnare.com
By Joshua Feinberg
Business merchant accounts are critical to have if you want to
accept credit cards. Business merchant accounts are not limited
to those computer consultants reselling products either. They
are a good idea for any sale, especially when you are selling to
new clients.
If you have a business merchant account you will not have to
chase down outstanding debt. The cost is not that high and you
don't have to buy traditional credit card processing equipment.
Now they have what is called a lab terminal, which allows you to
use your web browser to manage the transactions. The systems are
completely secure and most business merchant account providers
team up with larger companies that offer great advantages.
Costco's Business Merchant Account
One of the biggest secrets we learned about business merchant
accounts is that Costco provides a fantastic deal on credit card
processing through Nova Systems. It's such a great deal it can
actually pay for your entire Costco membership. Here are some
particulars:
All of the monthly statement and gateway fees are waived -
savings of $25 - $50 per month
Very competitive discount rates on Visa and MasterCard.
You can add on processing for American Express and Discover -
you will find that even though American Express transaction fees
are higher, it is a very popular card with small businesses.
The charges billed are transferred quickly and directly into
your business bank account - this is a lot faster than doing
your billing or invoicing once a week or so.
Paypal
Paypal is a popular alternative to traditional business
merchant accounts. Paypal is very easy to set up and the set up
is free. There are restrictions though on what you can do and
how you can withdraw your money. The largest drawback is the
negative connotation of being an ebay related service where
people sell garage sale stuff as a hobby.
The Bottom Line on Business Merchant Accounts
Business merchant accounts will help you get paid faster. There
are fees involved but the customer convenience and no hassle
approach to receiving your money make it worthwhile. There are
different business merchant accounts available so do your
homework and choose the one that makes the best sense for you.
Copyright MMI-MMVI, Small Biz Tech Talk. All Worldwide Rights
Reserved. {Attention Publishers: Live hyperlink in author
resource box required for copyright compliance}
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Sunday, July 22, 2007
Internet Merchant Accounts
Merchant Credit Card Terminals
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Merchant credit card terminals are electronic devices offering fast, low-cost means to authorize and process credit card transactions. They are very commonly used in retail stores and restaurants. Most merchant credit card terminals accept all major credit, debit, and private-label cards offering low-cost credit card authorization, check guarantee, and data capture for a range of retail applications.
A terminal to process credit cards is a great investment to your business. Most merchant credit card terminals support Internet-based services such as e-mail, electronic signature, interactive electronic coupons, onscreen advertising, cash management reporting, and e-commerce. They make transactions more convenient, faster, and accurate for both customers and merchants.
At first, merchant credit card processing terminals verify your customer's card information. Then they withdraw money for the purchase from the customer?s account and deposit it directly into your merchant account. The most important units of merchant credit card terminals are card readers with a small keypad and display. They require power supply and can communicate through a telephone line. Modern terminals are powered by batteries and can communicate wireless or over the Internet. They come in several sizes and prices.
There are many types of merchant credit card terminals: traditional terminals (with or without printers), wireless terminals, and virtual or software-based terminals. Merchants with a permanent place of business need a basic card reader terminal. In this case, the terminal is placed right on the counter where all transactions take place. For businesses that constantly change locations, a wireless credit card processing terminal is a good choice. It is suitable for merchants who are always on the go.
Millions of merchant credit card terminals ship annually and the majority have the same basic functions and features. It can only be used in combination with a merchant account that processes credit card transactions. Businesses already using credit card terminals need to buy extra equipments to maintain additional services such as debit card transactions and issuing and accepting gift cards. A number of terminals also support additional forms of payment such as electronic bank transfers and phone cards. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Merchant-Credit-Card-Terminals&id=353177
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Merchant credit card terminals are electronic devices offering fast, low-cost means to authorize and process credit card transactions. They are very commonly used in retail stores and restaurants. Most merchant credit card terminals accept all major credit, debit, and private-label cards offering low-cost credit card authorization, check guarantee, and data capture for a range of retail applications.
A terminal to process credit cards is a great investment to your business. Most merchant credit card terminals support Internet-based services such as e-mail, electronic signature, interactive electronic coupons, onscreen advertising, cash management reporting, and e-commerce. They make transactions more convenient, faster, and accurate for both customers and merchants.
At first, merchant credit card processing terminals verify your customer's card information. Then they withdraw money for the purchase from the customer?s account and deposit it directly into your merchant account. The most important units of merchant credit card terminals are card readers with a small keypad and display. They require power supply and can communicate through a telephone line. Modern terminals are powered by batteries and can communicate wireless or over the Internet. They come in several sizes and prices.
There are many types of merchant credit card terminals: traditional terminals (with or without printers), wireless terminals, and virtual or software-based terminals. Merchants with a permanent place of business need a basic card reader terminal. In this case, the terminal is placed right on the counter where all transactions take place. For businesses that constantly change locations, a wireless credit card processing terminal is a good choice. It is suitable for merchants who are always on the go.
Millions of merchant credit card terminals ship annually and the majority have the same basic functions and features. It can only be used in combination with a merchant account that processes credit card transactions. Businesses already using credit card terminals need to buy extra equipments to maintain additional services such as debit card transactions and issuing and accepting gift cards. A number of terminals also support additional forms of payment such as electronic bank transfers and phone cards. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Merchant-Credit-Card-Terminals&id=353177
Friday, July 20, 2007
Internet Merchant Account
Internet Merchant Credit Card Accounts
By [http://ezinearticles.com/?expert=Seth_Miller]Seth Miller
Internet merchant credit card accounts are those accounts in which payments made through credit cards can be transferred to a specified account by customers making online purchases. These accounts are operated on behalf of the merchants by a third party.
A large number of Internet merchant account providers provide these services. Internet merchant accounts accept all kinds of online payments, including payments made via credit cards, or the electronic transfer of money from one merchant account to another. Internet merchant credit card accounts accept only credit card payments.
The requirements for such accounts emerged after online business started expanding. Over the last few years, online business has come of age. In an online transaction there is no human contact, so there is a need to have a mechanism where cash can change hands even when sellers and buyers sit thousands of miles apart. The nature of online transactions has made Internet merchant accounts a necessity for an online business.
An Internet merchant credit card account is easy to open and operate. The account provider also provides round-the-clock technical service. It also give you a unique user ID and password which ensures that only authorized persons have access to the account, in which online payments made through credit cards are transferred.
Always try to choose an Internet merchant credit card account provider who enjoys credibility in the market and provides speedy credit card sales processing facilities. It should be comfortable handling all the major brands of credit cards. And look at the costs associated with operating this kind of account. The costs could vary depending on which account provider you have hired and which "package" of services you have selected. Choose one which suits your business requirements without making a heavy dent on your profit. [http://www.e-InternetMerchantAccounts.com]Internet Merchant Accounts provides detailed information on Internet Merchant Accounts, Free Internet Merchant Accounts, Ecommerce Internet Merchant Accounts, Internet Merchant Credit Card Accounts and more. Internet Merchant Accounts is affiliated with [http://www.e-CommerceMerchantAccounts.com]International Ecommerce Merchant Accounts.
Article Source: http://EzineArticles.com/?expert=Seth_Miller http://EzineArticles.com/?Internet-Merchant-Credit-Card-Accounts&id=254697
By [http://ezinearticles.com/?expert=Seth_Miller]Seth Miller
Internet merchant credit card accounts are those accounts in which payments made through credit cards can be transferred to a specified account by customers making online purchases. These accounts are operated on behalf of the merchants by a third party.
A large number of Internet merchant account providers provide these services. Internet merchant accounts accept all kinds of online payments, including payments made via credit cards, or the electronic transfer of money from one merchant account to another. Internet merchant credit card accounts accept only credit card payments.
The requirements for such accounts emerged after online business started expanding. Over the last few years, online business has come of age. In an online transaction there is no human contact, so there is a need to have a mechanism where cash can change hands even when sellers and buyers sit thousands of miles apart. The nature of online transactions has made Internet merchant accounts a necessity for an online business.
An Internet merchant credit card account is easy to open and operate. The account provider also provides round-the-clock technical service. It also give you a unique user ID and password which ensures that only authorized persons have access to the account, in which online payments made through credit cards are transferred.
Always try to choose an Internet merchant credit card account provider who enjoys credibility in the market and provides speedy credit card sales processing facilities. It should be comfortable handling all the major brands of credit cards. And look at the costs associated with operating this kind of account. The costs could vary depending on which account provider you have hired and which "package" of services you have selected. Choose one which suits your business requirements without making a heavy dent on your profit. [http://www.e-InternetMerchantAccounts.com]Internet Merchant Accounts provides detailed information on Internet Merchant Accounts, Free Internet Merchant Accounts, Ecommerce Internet Merchant Accounts, Internet Merchant Credit Card Accounts and more. Internet Merchant Accounts is affiliated with [http://www.e-CommerceMerchantAccounts.com]International Ecommerce Merchant Accounts.
Article Source: http://EzineArticles.com/?expert=Seth_Miller http://EzineArticles.com/?Internet-Merchant-Credit-Card-Accounts&id=254697
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