|
|
|
|
|
|
|
|
|
|
|
It is often assumed if you want to accept credit cards on your website that you must have a merchant account. This is not the case. You can accept credit cards with a Third Party credit card processor.
1) What is a Third Party Credit Card Processor?
A Third Party credit card processor is a company that will accept credit card payments on behalf of you or your company. The payments your customers make are processed through the Third Party's own merchant account, and you the retailer is paid (minus a commission fee) by the Third Party processor.
No need to pay for expensive processing software, monthly fees or minimum transaction fees. As you only pay a percentage fee on a sale, you cannot lose money.
2) Should I have a Merchant Account or Third Party Processor?
For most businesses this decision will be made according to the size of the company. Most small businesses do not need their own merchant account.
Small businesses are better off with a Third Party processor. The advantage is that when you sell your products, the Third Party processor takes care of the payment by checking the card, processing it, and sending you a monthly check.
Larger businesses with a bigger turnover are likely to need a full merchant account. You will pay a bigger set-up fee for an online merchant account but pay less per transaction than with a Third Party processor. So recouping your initial outlay.
So there it is, unless you have a large business it is possible to accept credit cards online with a Third Party processor.
(c) John Lynch
For a Free report on how to get an online merchant account or a third party processor with tips for the best accounts visit: http://www.merchant-account-ser vice.com/merchant_account.html
Online shopping can be a little frightening to people who... Read More
Did you know that 80% of all sales are made... Read More
The 21st century has introduced the world to a new... Read More
If you are serious about selling on the world wide... Read More
In 2004, Enquiro.com conducted a study of the search behaviors... Read More
Are you a website owner or a web designer/developer? If... Read More
Businesses, which are still sitting on sidelines and not doing... Read More
I recently published a short e-book called 'One Thing I... Read More
The Internet is the fastest growing source of mail order... Read More
The Internet began as a male dominated medium, but those... Read More
SSL ("Secured Socket Layer") is a protocol used to... Read More
Many people are saying that the internet is dead. So... Read More
The virtual corporation is the emerging organisational form, which best... Read More
After building and transferring many e-commerce sites it still amazes... Read More
Do you have any product that has not been moving... Read More
Too often we charge ahead and treat the web as... Read More
....there's much more to Google than you thought:With the wealth... Read More
It is often assumed if you want to accept credit... Read More
According to Internet.com, by the year 2008 nearly 30% of... Read More
Three years ago I was doing some work for a... Read More
One bright spot on the economic horizons around the world... Read More
Pakistan with highest growth rates in 1960s and bad politics... Read More
In addition to Google's Froogle shopping service (still in beta),... Read More
Fraud is a huge issue when it comes to the... Read More
Internet now days became a real marketplace and many many... Read More
Drop Shippers, the manufacturers or distributors who are willing to... Read More
If you are interested in selling online, it is quite... Read More
The principle of "permanent establishment" is very important for avoidance... Read More
My previous article I wrote called "One Point Two Billion"... Read More
Can you encounter the number of times where a Credit... Read More
Our website, Best Of The Home, has been listed in... Read More
Are you familiar with Froogle? If you are an online... Read More
Just because you've built your e-commerce website doesn't mean the... Read More
Paypal is one of the wonders of the web. Never... Read More
The Internet began as a male dominated medium, but those... Read More
Did you know that 80% of all sales are made... Read More
Shopping Cart Installation And SetupShopping cart technology has evolved to... Read More
Much of my consulting work comprises writing 'Outside Opinion' reports... Read More
There are two major ways to accept credit cards on... Read More
I have written at length about the need to anticipate... Read More
This may not be a popular view, but I think... Read More
The Internet has changed the way people do business today.... Read More
Open Source applications can bring unique value to business owners.... Read More
Many people are saying that the internet is dead. So... Read More
Thanks to the ubiquity of the internet, online virtual businesses... Read More
Ecommerce use to be about spending thousands of dollars on... Read More
We all know that accepting credit cards is the key... Read More
If your business features products or services for sale, undoubtedly... Read More
Internet now days became a real marketplace and many many... Read More
You want to succeed at eCommerce? Welcome to a very... Read More
E-commerce E-commerce |