0
To accept credit cards you will need what is called a merchant account. A merchant account is basically a relationship between you, the bank ans a merchant services company.
There are 3 types of merchant accounts, internet, Retail and wireless.
Internet merchant accounts are obviously for internet stores.
Retail merchant accounts are for business with a storefront were the customer pays you in person.
Wireless merchant accounts are for business such as taxicabs, tradeshows, etc who process credit cards in person but not at a store or physical location.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What does a credit card processor do?
It helps businesses increase their sales. It is useful to accept all forms of payment
How do you accept online credit card payments in mobile app?
To accept credit cards on your mobile app, you would need two things: 1. You would need an SDK to be able to accept the swipe and/or manually keyed in information about the credit/debit card. 2. You would then need a payment processor to work with, or more commonly referred to as a PSP (Payment Service Provider) who would provide you with the ability to accept and process credit/debit card payments. Examples of such PSPs are PayPal, Braintree, Balanced Payments, Stripe, etc.
What is the point of merchant card processing?
Merchant card processing is necessary for a business to accept payment by credit card. Specifically, it allows a business to be reimbursed by a bank. When you pay your credit card bill, the bank gets its money back.
What is the point of virtual terminal credit card processing?
Virtual terminal credit card processing is a technology that allows online merchants to process and accept credit cards as a form of payment. It allows the consumer to pay for items online with a credit card, making the purchasing process much easier.
What is a Merchant Credit Card Processor?
A "Merchant Credit Card Processor" is a electronically device that takes the information from your customers credit card for payment. This will automatically put the payment in your account after charging the customers credit/visa/master card.
Does dealextreme accept cash?
no,they can't accept cash they can accept payment by Paypal ,if you have credit card or debate card or other card,you can register in Paypal and fulfill the Payment if you have a credit card,you can also pay directly by credit card,check out by method three
Does Equity Apartments accept credit cards for payment of rent?
Yes they accept credit card / debit as well.
Can you pay your rent with a credit card?
Many commercial landlords accept a credit card for rent payment. You need to ask yours.
Is it safe to use debit card for online payment to adult friend finder?
You cannot! They accept only credit cards.
Do lawyers specifically those preparing wills and trusts accept payment by credit card?
Many large law firms accept payment by credit card but there is no rule as such. You would need to call law firms in your area to make that determination.
What does a credit card processor do?
It helps businesses increase their sales. It is useful to accept all forms of payment
Does Econo Lodge accept credit card payment over the phone?
You can use your credit card over the phone for Econo Lodge but only to book a reservation. Your card will not be charged until after you have checked in.
Can a creditor refuse to accept a check as payment?
Yes ... why would a creditor someone even consider taking a credit card payment from someone who has a history of not paying their credit card bills. Think !!!
Why might one accept a credit card payment online?
Accepting credit card payments for your business can make managing cash flow easier and potentially boost sales. More Americans are relying on credit and debit cards as a payment method instead of cash or checks. You can accept credit card payments whether you run a large business or a small one. GETTRX process Zero processing fees seem like a solution for all hassle
What methods of payment are used in hotels?
All hotels will accept cash, debit or credit card. Only very small establishments will not accept cards.
Where can one contact the online credit card payment processing?
You can contact the online credit card payment processing at IRS, Merchant Paypal and WellsFargo. These websites all have the ability to be able to contact the online credit card payment processing.
How do you accept online credit card payments in mobile app?
To accept credit cards on your mobile app, you would need two things: 1. You would need an SDK to be able to accept the swipe and/or manually keyed in information about the credit/debit card. 2. You would then need a payment processor to work with, or more commonly referred to as a PSP (Payment Service Provider) who would provide you with the ability to accept and process credit/debit card payments. Examples of such PSPs are PayPal, Braintree, Balanced Payments, Stripe, etc.
