If you have an ecommerce site and are looking for a website merchant account to process credit card payments, you have found the best company on the web. We have the lowest rates and fees in the industry right now. When you setup your online store you need to be equipped with online shopping cart software, a payment gateway and a merchant account. All of this we provide if you sign up with us. We use the latest gateways and ecommerce platform to enable you to track and manage your entire operation as a fortune 500 company would even if you are a small business and are just starting out.
I’m going to take the time to explain to you how payment gateways relate to the merchant account in order to allow for you to process credit cards online. When you are in a physical retail store, to process payments in that environment you need a machine so you can swipe but when it comes to the online retail ecommerce environment, you are provided with a virtual terminal which can be integrated several different ways to enable you to process transactions online. All of the information is collected from your customers and the data is securely sent to the processing bank to either approve or decline the transaction. You don’t have to worry about storing any financial information if the transaction is processed online. If you use a Virtual Terminal to manually key in the payments then you would have already collected the customers detail to be able to do that.
If you use the gateway that we offer, you don’t have to pay a monthly fee but we support Aythorize.net and a few other gateways that come with a $10 per month services fee. All you need is a virtual point of sales software to start processing in real time. What the gateway does is that it submits the data to the credit card network and then forwards data back to the terminal and all this is done in real time. You will know right away if a payment is approved or declined due to the customer not having enough funds in their account or if they key in the wrong numbers, etc. All of this takes literally seconds and the customers are not left waiting to see if the transaction was successful.
Additionally, for a more advanced setup merchants can use their account online as well as setup as a retail store to swipe credit cards. When resources online is configured with you account, with a Magtek Stripe Reader, you can connect the reader via a USB port to your computer and sign into the virtual terminal and your customers will be able to swipe their credit cards through it. This is a great way to process orders offline, cancel transaction, refund customers and see all the daily activities from your computer 24 hours a day. |
