Comments on: How to accept credit cards on your website

By: joanna

joanna — Wed, 02 Dec 2009 18:10:44 +0000

This really is a great comparison between merchant accounts and 3rd party processors. I would like to stress again the PCI DSS compliance regulations that are taking place which will especially affect merchants level 4.Most merchants that store, processes or transmit cardholder data must be compliant by now. However, by July 2010 any merchant that is not PCI compliant, including Level 4 merchants,will be de-certified and must stop accepting cards.Level 4 Merchants are defined as those with fewer than 20,000 Visa transactions per year. Most small vendors will fall into this category. As of July 2010 if you are level 4 merchant you either are PCI compliant or you will no longer able to accept payments.

By: Tim Crowley

Tim Crowley — Thu, 01 Oct 2009 17:15:42 +0000

How can you say Paypal is cheaper ?? That is wrong, your processor must have been overcharging you . Not all processors make you sign a contract, have expensive monthly fees, set up fees, or cancel fees. If you are processing way under $1,000 then stick with Paypal but any other business needs to contact a reputable processor. Be careful of banks. Always check BBB and even Google the processors company name and salesperson`s name for complaints. .

By: Merchant Processing

Merchant Processing — Tue, 08 Sep 2009 14:07:50 +0000

Choosing the right type of online merchant account is critical for ecommerce businesses, thanks for sharing

By: les ismore

les ismore — Thu, 12 Mar 2009 14:43:06 +0000

Good article, however you neglect to mention a very important factor – websites who integrate an API based payment gateway are required to be PCI Compliant – with both their hosting and application. This involves more than simply getting a SSL certificate.

It’s an enforced requirement. Retailers operating API credit card processing on their website without being PCI Compliant face very stiff fines.

Thank you for your post, and best regards.

By: dino

dino — Sat, 27 Dec 2008 00:16:59 +0000

hope you can teach me how to add credit card on my website

By: website design

website design — Tue, 02 Dec 2008 12:52:30 +0000

I want to accept major credit cards on my website. How do I do that? Any suggestion would be appreciate.

By: Chris Diggs

Chris Diggs — Thu, 03 Jul 2008 14:43:29 +0000

I know Jad Talbert and he likes the easy options but as usual he isn’t thinking through the implications of his suggestions.

Even though PayPal now has a virtual terminal feature for a long time they didn’t and most 3rd party processors don’t offer one. Be sure to ask about a virtual terminal before signing up with anyone if you’re going to need that function.

By: Online Credit Card Processing

Online Credit Card Processing — Fri, 06 Jun 2008 13:43:28 +0000

This is a great comparison between merchant accounts and 3rd party processors. Here are a couple more things to consider when making a decision about your online credit card processing solution.
-some 3rd party processors will require your customers to create an account with them before they’re able to purchase from you. People buy online because of the convenience; having to jump through hoops just to make a purchase isn’t real convenient in my opinion. When your customers realize that they’ll have to provide their financial information to a 3rd party before they can check out, it may cause some of them to abandon your shopping cart.
-most merchant accounts/payment gateways have a virtual terminal feature so the merchant can manually process transactions for face to face, phone, or mail sales. Even though PayPal now has a virtual terminal feature for a long time they didn’t and most 3rd party processors don’t offer one. Be sure to ask about a virtual terminal before signing up with anyone if you’re going to need that function.
Michael Rupkalvis
The Transaction Group

By: Jad Talbert

Jad Talbert — Mon, 19 May 2008 04:27:28 +0000

Isn’t it much easier just to get a Paypal account, and let them handle everything?

By: Classic Movie Store

Classic Movie Store — Thu, 18 Oct 2007 19:52:49 +0000

A great way to start out with accepting online payments is to use 3rd party processors at first to gauge how much turn over and business you will be taking.

Alot of ‘real’ merchant accounts have fairly high start up fees (Â£150 upwards) and if you are not sure how much you will be selling then try a 3rd party first (ie paypal, google checkout, nochex). You pay a higher percentage, but then when things take off, do your math, and when its worth it, get yourself setup with a real merchant account.