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Credit card machines will accept virtually all credit cards from major companies. These would include Visa, MasterCard, Discover and American Express.
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What major credit cards are usually accepted by businesses?
Major credit cards usually accepted by most businesses are MasterCard, Visa and Discover. American Express credit cards are not always accepted at all business locations.
What are some companies that allow merchants to accept credit cards?
There are many processing companies that make it possible for merchants to accept credit cards from consumers. The first thing a merchant must do is to find a merchant account specialist to create a merchant account and get started.
How much does it cost a merchant to accept credit card transactions?
It costs a merchant between 2% and 5% to accept credit cards for purchases. The cost to the merchant varies depending on the type of card involved. A credit card transaction is a convenient way for a merchant to secure a sale but there is a price for it.
What are the most popular credit card merchant services?
Merchant services are very helpful for processing customers credit cards. A few popular ones are Bank of America, Pay Simple, Merchant Services, or Sage Payments.
How can accept a payment by credit card?
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.
