Merchant Accounts

Merchant Accounts


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Credit Card Payment Processing

Written by Patricia Tunstall
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Credit Card Payment Processing Means Better Customer Service

Credit card payment processing brings the efficiency of electronic handling to transactions involving credit cards. Fast and accurate, this procedure enables any merchant to accept this kind of payment without the hassle of the old-fashioned machine-and-paper routine. Now, a merchant can gain the advantage of accepting credit card payment without delaying the flow of business.

Regardless of your type of business, instant credit card processing can add reliability and better customer service to your operation. Waiting in line for service, or waiting for a card purchase to be processed, is irksome to the busy customers of today. With little time spent on the actual processing of the transaction, customers can be on their way, and will remember the efficient service they just received.

Internet Purchases

With the mushrooming growth of internet purchases, it has become crucial for merchants to have swift, accurate credit card payment processing that ensures the cards are valid. This card-not-present procedure must be backed by a special merchant account, and by specific risk-factor assessments. When a credit card is not actually in the possession of the merchant, fraud detection methods must be carefully implemented.

In addition, a virtual terminal permits credit card payment processing of orders received on the phone, by fax, and by email. If you have access to the Internet, you can plug into the system and have instantaneous approval of your customer's order. This rapid response time enables you to receive and process more orders, thus increasing sales volume.

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