BBBMerchant Account Providers - Accept Credit Cards Online

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Mail And Phone Order Merchant Services
Mail And Phone Order Merchant Services

If you want your business to boom in today’s market, you need to provide mail and phone order merchant services. Customers are becoming increasingly used to this convenience and are likely to take their business elsewhere if they find you do not have mail and phone order merchant services as payment options. Offering a quick and efficient way to trade, mail and phone order merchant services make it possible for you to accept payment when the credit card cannot be swiped because the customer is not physically present.

With mail and phone order merchant services you are able to use the “card not present” method of transaction. You can process payments with your mail and phone order merchant services either by keying the customer’s credit card information into a terminal, using software installed on a computer or through a payment service provider’s web site. Because the card is not swiped through a terminal as part of this type of transaction, meaning the magnetic strip on the back of the card is not read, mail and phone order merchant services are considered to represent some risk to credit card processors. There are, however, fraud detection procedures with mail and phone order merchant services, such as address verification and the need to input the three or four digit number of the back of each credit card known as the CVV2 number, to enhance security. By providing mail and phone order merchant services you will be giving your customers what they want and making it much easier for them to purchase your products.


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E-commerce is a phrase that has been used to describe the many different ways in which consumers and retailers function together on the Internet in order to provide each other with the exchange of goods and money.  As one of the fastest forms of payment in the online and offline world, credit cards are widely accepted.  Online credit card processing works very similarly to the way that the offline credit card processing procedure works.  Information is exchanged between the individual and the merchant account that the retailer has when the online credit card processing procedure takes place.

Many consumers will not use a store online, if they do not offer online credit card processing as a form of payment.  The Internet is supposed to offer convenience and efficiency.  Not everyone has an online bank account with money available to give to retailers online.  Therefore, they are limited to paying with checks, cash, or credit cards.  The online credit card processing option is the one which would be fastest for the consumer, since they will not have to wait for their payment to be received in another form through the physical mailing system.

Online credit card processing is typically not expensive for the retail store owner, especially when they take into consideration the new market they will be able to reach by offering online credit card processing payment options.  By offering additional forms of payment such as the online credit card processing option, many more people will be able to use their credit cards as a form of payment which will typically cover any amount of money that the individual store owner invested in the online credit card processing venture.  It is important to be sure that the online credit card processing company that is chosen offers security and confidentiality to ensure that the customer is taken care of when using the online credit card processing option.

The internet is taking the retail world by storm.  More and more consumes are turning to the internet for their shopping needs, rather than heading to local retail stores.  Businesses that are looking for a way to tap into this income potential need a way for their customers to pay for the purchases they make online.  Internet merchant accounts allow businesses to offer their products to the world through online sales.

There are many benefits for the merchant who uses an internet merchant account.  First, since the terminals are virtual, there is no restriction on the amount of money that the internet merchant account can process, or on the number of transactions.  Not only that, but an internet merchant account allows customers to quickly and easily pay using a credit card on your website.  The internet merchant account terminal allows the online merchant to accept credit card payments.

One feature of many online merchant accounts fraud protection.  This is programming built into the internet merchant account that prevents spying and fraudulent payments.  The software easily identifies those transactions that look to be fraudulent, and separates them from the legitimate customers.  This software protects the merchant from expensive fraudulent purchases.

Another feature of online merchant account terminals that many merchants choose to take advantage of is an electronic check program.  An electronic check program allows customers to pay by check rather than credit card.  They can enter their check numbers into the website or the virtual terminal, and the money is debited from the checking account.  By offering more payment options, merchants expand their potential income.

Virtual terminals are an excellent option for the mobile business.  With a virtual terminal, merchants are able to process payments, either credit card or electronic check payments, from anywhere that they have access to the internet.  With virtual terminals the need for a physical terminal or POS machine is eliminated, allowing greater flexibility for the business.

With these benefits in mind, if you are planning on taking your business online any time soon, you need to consider virtual terminals and online merchant accounts.  They give you a convenient, easy way to process and accept payments from your customers through your website.  By enabling your customers to purchase through your website, you expand your income potential immensely!