In association with our partners, PayWorld can offer, for a limited time only, a new ecommerce package designed specifically for low risk businesses. If you operate a low risk business with any trading history, apply
…
Credit Card Processing
PayWorld services for
credit card processing
credit card processing explained
What is
Credit Card Processing?
Credit card processing is the
facility to authorize card
payments. Every business that
sells
goods or services, whether they
are bricks and mortar or
internet based businesses, will
require either the facility to
take payments online or manually
through a credit card terminal -
or its software equivalent, a virtual terminal. In
order to do this, the business will
need a merchant
account. Depending on the type
of business and other factors
affecting the financial risk of
the business to the merchant account
provider, the business will be categorized as
either a
low risk business or high risk
business.
Merchant Account
A merchant account will allow a
business to process "card
present" and "card not present"
transactions, allowing a
business to accept: Visa,
MasterCard, Solo, Delta (Visa
Debit), Visa Electron, Maestro
credit and debit cards.
(American Express and Discover
are also available on request).
What to
look out for before you apply
for a merchant account The procedure to make your
application should be straight
forward with an approval or
rejection of the application
within a short space of time -
just days and in some cases,
just a few hours. You should be
looking not only for low rates
but also a quality of service,
tools and ongoing support
to help your business as it
grows. Most merchant
account providers have a
different rates for different
cards and business type.
Consider then, the simplicity to
your business if you could have
one single rate across every
card a feature offered by
PayWorld.
Your
initial requirements will be to
get up and running quickly so
you should ensure that the
shopping cart and gateway APIs
can be integrated with your
website with the minimum of
work. If you need any
technical help to make this
happen, then this help should be
available.
PayWorld offers most of these
services and more to all
businesses, new start-ups and
individuals. If you are ready to
accept credit cards for your
business
click apply now below.