|Merchant Account Information|
Accept Credit Cards Online without a Merchant Account
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 Partys 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 2004
[ For details of Third Party credit card processors and online merchant accounts visit: http://www.merchant-account-service.com/credit_card_processing.html ]
Web Store - Why Do You Need One
Internet has opened a new era of business opportunities. Each day, thousands of new consumers are joining the Internet. More and more companies are adopting Internet as their primary sales and distribution channel. According to Forrester Research -The survey of 130 U.S. companies indicates consumers spent $76 billion shopping on-line in 2002. This represents a 48 percent increase over 2001, and projections for 2003 come close to $100 billion, representing 4.5 percent of total retail sales.
Choosing the Right Online Shopping Cart
Are you a website owner or a web designer/developer If either applies, I would venture to say that eventually youll need an online shopping cart for one of your websites. In fact, almost all new websites today need some sort of ecommerce built-in, for the purpose of selling goods and services in the online marketplace.
Reseller Web Hosting Defined
My Rich Mums Ebook Secrets
As usual, I walked into the Starbucks for my morning coffee.
Dont Get Ripped Off Getting A Merchant Account
Far too many people get ripped off when setting up a merchant account for their online business. The biggest reason is that they dont understand their options and are intimidated by the whole process. Now, armed with the proper knowledge, you dont need to become a victim of this process.
Learn To Embrace Failure
Failure is a must to succeed in business and in life. So often we are told we can not fail, it’s a bad thing. From the time we start to school, till we go to the here after, fail, that 4 letter word is a bad thing. It is almost like a curse. My question is how do we learn and continue to grow if we don’t fail How do we succeed in business if we don’t fail
What Does It Take To Make Money Online
What a loaded question! Let’s narrow that down a bit and take it from the perspective of someone who wants to work from home and make money online in a home business. That will make it an easier question to answer.
Internet Marketing for Small Businesses - A Guide in Plain English
Have you ever been intimidated at the convoluted, jargon-ridden information about Internet marketing available on the Net What exactly is search engine optimization anyway, and can I do it myself
Website Development: Become Your Own Expert
Starting and maintaining a business is challenging enough without the additional financial burden of hiring a web site expert to put your vision on paper. If you are starting your business on a “shoe string budget,” hiring someone to take your written materials to type in a basic format, add a few pictures and edit what you tell them periodically may not be sound money management.
7 Questions to Ask A Potential Internet Merchant Account Provider
Recently, I went looking for an Internet Merchant Account. My mission was two-fold:
Different Models For Making Money On The Internet
There are several strategies for making money on the net. Here are some possible options:
3 Simple Ways to Start Your Home Based Internet Business Right Now
So, youve finally decided to take that giant leap of faith and start your very own home based internet business. Youve decided that its finally time to step up to the plate and claim your share of all those internet riches you keep hearing about. Only problem is, now that youve finally made your decision, it seems like a pretty daunting task deciding what to do next. Using the term "information overload" to describe the problem seems like a huge understatement.
Website Savvy: 10 Key Steps to Turn Your Customers ON!
“How to turn “slightly interested” customers into “I’ve got to have it!” customers!”
Start doing online business using B2B Portals in Six Steps
I registered with a B2B site but what’s next
Creating A Network That Works
Do you ever stand in awe of those people who seem to know everybody and everything I know I do! Regardless of what youre looking for, these people have their finger on the pulse of the Net and know where to find it. Their network of resources and people is incredible! Yours can be, too. Its actually very simple to create a network that works to bring you business, offers feedback and provides those resources that we all need to have.
5 Simple Steps to Protect your Digital Downloads
A couple of days ago, I was searching for a popular eBook online.
The Story of a Downsized Manager and His Ebook Business
If youve been following the business and economic news around the globe, you should know about how unemployment rates have hit year lows. The recent economic downturn was one of the worse in history and has affected loads of people. In fact, companies were cutting cost for any small reason and retrenched numbers hit more than 1 million worldwide.
Does Your Business Need a Toll-Free 800 Number
Should your business have a toll free number for customers to make sales, service and billing inquirers The industry began in the early 1970’s and today most customers expect you to have it. Providing a toll free line can bring in a number of benefits to your business.
Increase Sales with Payment Solutions
Take a second and imagine your shopping on a website, find the product youve been looking for, and as you go to the order form to purchase it, you find out that the company doesnt accept payment online. Instead, you must mail a check. If you were like me, you would probably click off the site and search for another company that offers the same products and *does* accept payment online, whether it is by credit card or online check. It doesnt take a super, intelligent person to realize that it is inconvenient, time consuming, and adds on lag time till you get your purchase when you must sit down, write out a check, and mail it.
Online Business, Where do I start
BUSINESS. A big word. A big commitment. A big step.
|home | site map|