Credit Card Processing For Any Merchant
Retail Credit Card Processing – If you are doing business face to face, accepting credit cards has become required. Whether you have a store, restaurant or kiosk, Web Credit Card Processing can help your business set up a merchant account and accept credit cards for less money than you ever thought possible. Online Credit Card Processing – A Payment Gateway account allows you to accept credit cards and electronic checks from websites and Internet auction sites. Our solutions are designed to save time and money and provide secure transactions for businesses who need to accept payments on the phone, web or their website.
Mobile Credit Card Processing – The free Mobile Application allows merchants to securely accept payments anywhere they want using an Apple iOS device or Android phone app. Increase your sales by providing an easy way to accept payments on the go using a Payment Gateway account.
Merchant Account – A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales organization (ISO), or merchant service provider (MSP) is also a party to the merchant agreement. Whether a merchant enters into a merchant agreement directly with an acquiring bank or through an aggregator such as PayPal, the agreement contractually binds the merchant to obey the operating regulations established by the card associations.
Payment Gateway – A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.
Credit Card Terminal – A credit card terminal is a type of a Point of sale (POS) terminal that can do transactions with a credit card. A couple of types of credit card terminals are available to merchants. Most have the same basic purpose and functions. They allow a merchant to insert, swipe, or key in manually the required credit card information and transmit such data to the merchant service provider for authorization and then later on the transfer the fund to the merchant.
Credit Card Payment Network – First Data (Omaha), FDMS Nashville, FDMS North, World Pay, Check 21 Payment (CKSV), CyBrCollect Payment, ECHO, EFSNet, E-NETS, EPay, Flying J, Global e Telecom, Global Payments East, Global Payments Central (Mapp), IPCommerce Host Capture, Jack Henry, Network One, Nova, Paymentech-Tampa, RBSLynk, TSYS/Vital and WireCard Asia Pacific…
Debit Card – A debit card (also known as a bank card or check card) is a plastic card that provides the cardholder electronic access to his or her bank account(s) at a financial institution. Some cards have a stored value with which a payment is made, while most relay a message to the cardholder’s bank to withdraw funds from a designated account in favor of the payee’s designated bank account. The card can be used as an alternative payment method to cash when making purchases. In some cases, the primary account number is assigned exclusively for use on the Internet and there is no physical card.
Credit Card Reader – A card reader is a data input device that reads data from a card-shaped storage medium. The first were punched card readers, which read the paper or cardboard punched cards that were used during the first several decades of the computer industry to store information and programs for computer systems. Modern card readers are electronic devices that can read plastic cards embedded with either a barcode, magnetic strip, computer chip or another storage medium.
Credit Card – A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder’s promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
A credit card is different from a charge card: a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card.