Online Merchant

Payment gateway

Posted on 09. Feb, 2009 by admin.

A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateway protects credit cards details encrypting sensitive information, such as credit card numbers, [...]

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Chargeback fee

Posted on 09. Feb, 2009 by admin.

The chargeback is the largest risk that is presented to banks and providers and therefore their biggest fear. This is not to be confused with a refund, which is simply a merchant refunding a transaction. In the Visa and Mastercard rules, the merchant’s processing bank is 100% responsible for all the transactions that the merchant [...]

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Online Payment Processors

Posted on 09. Feb, 2009 by admin.

Anyone doing business online (and actually takes money from other people) must, at some point, bite the bullet and choose a company credit card processor - which can be very costly decision .
There are actually two different ways of going about it: you can either go to the free accounts or merchant accounts.
But what can [...]

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