Mail-order/Phone-order
Merchants
 You
do most of your sales through the mail or over the phone.
If you do not actually swipe a customer's credit card through a card
reader and get an ink signature on a receipt, your rates will be higher
because Visa and Mastercard assume higher risks when the card is not present
for merchant examining and swiping.
Merchant account providers
- Merchant
Account Providers
Merchant account providers represent a bank and offer a variety of products
and services that enable you to accept credit cards as payment from
customers.
- Third
Party Merchant Services
They accept credit cards payments on your behalf in exchange for various
fees and percentages. You won't need hefty setup fees.
- Banks
If you have been in business more than two years and have good credit,
you may ask your local bank to get the lowest possible discount rate.
Processing solutions
- Software processing - most
widely used for mail-order merchants
Credit card processing software operates through your computer's modem
and phone line.
- Terminal processing
You can either swipe the credit card through the machine or enter the
credit card numbers manually via the keypad.
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