If you want to sell something online, you should set up "something’ to Accept Visa/Mastercard payments, and these "somethings" are called Merchant Accounts. Actually a merchants account accepts the credit card payments and makes sure the money gets into your account later on.
If you have a mortar and brick store accepting credit cards, again you will be in need of a , then you need a Retail Merchant Account. Since in your shop you swap the cards yourself and you get a signature, chances of any financial threat are little, so your merchant service providers will charge you the lowest rates on each credit card processing.
Internet stores or so called high risk merchants (adult entertainment, gambling) will have to pay equally higher rates.
But whatever merchant account you want to set up, go check out the possibilities and rates at Merchant Accounts.
Speak Your Mind