Accept Credit Cards Online Without A Merchant Account

It is often assumed if you want to accept credit cards on your website that you must have a merchant account. This is not the case. You can accept credit cards with a Third Party credit card processor.

1) What is a Third Party Credit Card Processor?

A Third Party credit card processor is a company that will accept credit card payments on behalf of you or your company. The payments your customers make are processed through the Third Party's own merchant account, and you the retailer is paid (minus a commission fee) by the Third Party processor.

No need to pay for expensive processing software, monthly fees or minimum transaction fees. As you only pay a percentage fee on a sale, you cannot lose money.

2) Should I have a Merchant Account or Third Party Processor?

For most businesses this decision will be made according to the size of the company. Most small businesses do not need their own merchant account.

Small businesses are better off with a Third Party processor. The advantage is that when you sell your products, the Third Party processor takes care of the payment by checking the card, processing it, and sending you a monthly check.

Larger businesses with a bigger turnover are likely to need a full merchant account. You will pay a bigger set-up fee for an online merchant account but pay less per transaction than with a Third Party processor. So recouping your initial outlay.

So there it is, unless you have a large business it is possible to accept credit cards online with a Third Party processor.

(c) John Lynch

For a Free report on how to get an online merchant account or a third party processor with tips for the best accounts visit: http://www.merchant-account-ser vice.com/merchant_account.html

---

Government Buying and Selling on the Internet

Global Insight, a leading economic and financial forecasting company, (formerly... Read More

Online Credit Card Processing - How to Accept Credit Cards - Ecommerce 101

Back in 1998 (through 2000 or so), I worked for... Read More

Top Ten Qualities to Look for in an Online Pharmacy

As you may have noted, there are thousands or even... Read More

Ecommerce Comes from Customer Satisfaction

Online shopping is convenient, but many companies whose web sites... Read More

How to Write a Landing Page

Is there a difference between writing a landing page and... Read More

Selling From Your Website

Greetings!Friends and relitives ask us all the time " How... Read More

E-marketplaces from Sellers Perspective

What is an E-marketplace anyway?E-marketplace is a business to business... Read More

5 Tips for Online Shopping

Shopping online has become more and more popular in America... Read More

Overcoming Frustration with Technology

For whatever reason, when we get a new boost in... Read More

Online Customer Service - The Cornerstone of a Successful Online Business

Online customer service is still one of the most frequently... Read More

Your Site is all Direct Marketing

This may not be a popular view, but I think... Read More

Implications Of E-Commerce For Tax Legislation

As e-commerce develops ambiguities in the current tax code in... Read More

How To Start An Internet Business ? Site Layout

The fourth step of how to start an Internet business... Read More

Do Your Online Brokerage Business With Zero Down

If you have little or no capital but you want... Read More

The Clickbank Crash of 2003: Lessons Learned

I had a rude awakening recently. I checked the days... Read More

Chinas Online Shopping May Be Booming In The Next Few Years

Data from China Internet Network Information Center (CNNIC) shows that... Read More

Internet Merchant Accounts For Innocents Abroad

If you want to sell on the internet, your need... Read More

ECommerce Scenario in Pakistan

Pakistan with highest growth rates in 1960s and bad politics... Read More

7 Key Steps To Reduce Refunds and Chargebacks

One sure-fire way to loosing out big time on your... Read More

Ten Reasons Why Online Surveys Are The Future of Marketing

Customers are tough cookies. They're extremely media aware and increasingly... Read More

Content Ever be Profitable?

THE CURRENT WORRIES1. Content SuppliersThe Ethos of Free ContentContent Suppliers... Read More

Starting An E-Commerce Business

The development and expansion of the Internet has made business... Read More

Are You Making These E-Commerce Excuses? (part 2)

Last time, we started to take a look at the... Read More

Set Yourself Apart From The Ordinary

I have written at length about the need to anticipate... Read More

Start doing online business using B2B Portals in Six Steps

I registered with a B2B site but what's next?This is... Read More

Distinguishing Features of E-Commerce

E-commerce offers customers the chance to eliminate many stages in... Read More

Accept Credit Cards Online Without a Merchant Account

There are two major ways to accept credit cards on... Read More

Coupons & Rebates

Yes, it's true, coupons are not just for newspapers anymore.... Read More

Cost Effective Ecommerce Solutions

Ecommerce use to be about spending thousands of dollars on... Read More

How Measuring Key Performance Indicators Can Improve E-Commerce Strategy - Part One

The problem with most e-commerce marketing strategy today is that... Read More

E-Commerce Is Back On The Fast Track

How much holiday shopping did you do on-line this year?... Read More

Something new in e-commerce: the Echo System Build

How four partners build and manage an exclusive art posters... Read More

Online Shoppers Say They?ll Buy from Small and Large E-Businesses Alike

As the holiday shopping season begins in earnest, consumers say... Read More