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14th Mar 2008

Adding Merchant Services? Study Credit Card Processing

An Web-based merchant that has never offered online credit card processing services before can feel a little intimidated by all the expressions that are particular to that business, but they are really pretty simple to understand. And by taking some time in learning the basics, that same Web businessperson can make a better choice of a card-processing provider. For example, there’s the term “processor.” A processor is a massive data center that processes credit card transactions and settles funds to merchants. The processor is connected to the merchant’s web business site on behalf of an acquiring bank through a payment gateway. Learn the language of merchant services.

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