Need to Accept Credit Cards Online? Here are 5 Tips.
For any new online business owner, there are many things to learn along the way. One major lesson is in regard to payment processing. How exactly do customers’ credit card transactions happen that allow payments for your goods or services to be deposited into your account?
Well, it starts with getting an online merchant account. Depending on the goods or services you’re offering, your business will be classified as either low risk or high risk and rates will vary based upon this classification.
Once you have a merchant account, you’ll need a shopping cart and payment gateway. To learn more about the basics of online credit card processing, check out this article from Business.comblog.