If you want to do business online, first of all you will need a web hosting company. A web business normally includes product catalogs, a shopping cart, and payment processing. Unlike other ecommerce needs, payment processing is normally not included with ecommerce web hosting. You will need to use the services of a credit card processing company to provide you with an Internet merchant account that allows buyers to use their credit cards to pay online for the goods or services you are offering.
I already have a Retail Account, isn't that enough?
More and more people are using their credit cards online so this means an extra source of revenue for retail businesses already established. An Internet merchant North American Bancard ISO Program account is a financial tool specially design to process transactions on the Internet. Even if you have other types of processing solutions, your online shop requires one of these to take credit cards on your web site. In short: If you want to sell on the Internet and compete for the online market, your will need to accept credit cards. To accept credit cards, you need to get an Internet merchant account.
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Understanding Different Pricing Structures of Merchant Accounts
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Posted 18 October 2022 - 01:23 PM
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