Credit card processing software can help a business owner accept all forms of payment. It provides payment solutions for retail stores, phone, email or fax order, and online ecommerce businesses.
Credit Card Payment Processing Software for Windows PCs
A retail business that operates from remote sales location requires a Point of Sale system that can process all major credit cards and finish the payment. This system can be set up just by using a Windows based PC with a swiper (card reader). With an internet connection, it can help a business owner deposits the transaction amount into an existing bank account in a few seconds.
This kind of software usually costs hundreds of US dollars. For example, Merchant Express Credit Card Processing Software is priced at $299 with a $195 USB credit card swiper.
Virtual Terminal Credit Card Processing Solutions
In phone, email, fax, or internet order businesses, the business owners are usually unable to access the real credit cards and debit cards. Under this circumstance, they should use virtual terminal to process all the payment forms. A credit card virtual terminal allows a business owner to finish credit card processing without reading the real card. It usually provides the functions and features as below:
- Accept many kinds of payment including credit cards and debit cards.
- Process credit card payments anywhere anytime.
- Provide security protection including address verification, SSL (Secure Socket Layer), and CVV2 Authorization.
For online ecommerce businesses, a user should apply for a merchant account from a credit card virtual terminal provider first, and then install a shopping cart on his or her web site that compatible with the virtual terminal.
The price of a credit card virtual terminal usually consists of gateway fees, statement fees, minimum fees, and transaction fees.
The best virtual terminal credit card processing solutions include goEmerchant Merchant Accounts, Flagship Merchant Services, Merchant One, Merchant Warehouse, Chase Paymentech, etc.
Free Credit Card Payment Processing Systems for Small Business Owners
Sometimes a small business owner may think a credit card virtual terminal is costly, for he or she must pay for expensive credit card processing software, secure server fees, customer service fees, monthly gateway fees and transaction fees. Under this circumstance, free third-party credit card payment systems could be good choices for small business owners. The most famous free credit card processing system is PayPal.
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Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...
