Notice: Undefined index: ORIG_PATH_INFO.
1   IN FILE   "/home/webdevinfo/public_html/include/Url.class.php"   ON LINE   61
2   IN FILE   "/home/webdevinfo/public_html/include/ConfigPublic.inc.php"   ON LINE   13
3   IN FILE   "/home/webdevinfo/public_html/article.php"   ON LINE   3

Accept Credit Cards Online without a Merchant Account
Home Login Registration Authors Contact Us About Us Subscribe
Want to receive new articles via e-mail? Click here!
: Home  :: Internet Marketing  :: Credit Card Processing
Accept Credit Cards Online without a Merchant Account
by Webdevinfo - Webmaster
Views: 526
Votes: none
Rating: 0.00
Synopsis:
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.
Rate this article  Print this article  Email this article  View this article in PDF  Discuss this article
Page:  1
The Article

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 2004

 

[ For details of Third Party credit card processors and online merchant accounts visit: http://www.merchant-account-service.com/credit_card_processing.html ]

Page:  1
Rate this article  Print this article  Email this article  View this article in PDF  Discuss this article
Similar/related articles:
Advanced Search
Site Search:


FirstWebHosting
Top Ten Hosts as picked by our editors - with reviews and interviews.
The Host Planet
Web hosting reviews and ratings. Learn how to spot a great host.
Hosts2002
The first and greatest hosting directory with the consumer in mind.
Hostcue.com
Hosting directory for the masses with special offers Check us out!
WebDevForums
Web developers or all levels discuss the details of design and ecommerce.
Needscripts.com
Free scripts and applications for web developers.