Tuesday, October 28, 2008

Need help finding a third party credit cards processor?

Getting third party credit card processors is one of the vital things you will be required to do for your ecommerce web site. Without a merchant acct you will not be able to process sales efficiently which will seriously hold back your business growth.

If you wish to accept credit card orders swiftly and effectively on the web you will want to choose a 3rd party creditcard processor. There are a number of options for you to think about. The majority will charge a set up fee and a percentage of each transaction. Unlike common bank-issued merchant account, most 3rd partycreditcard processors do not charge monthly fees and a few can be free apart from the per item fee. Here’s a site listing third party processors. Let us inspect a few popular ones:

Pay-Pal is one of the most popular third party processors. One of the reasons for this is the fact that they do not charge a start up payment. It is also straightforward to start up on your website. Pay pal gives great information for this and will also offer subscription and shopping cart options for your clients. It is commonly used but is also has problems. There are limitations on certain territories with paypal. This type of processing is good to initially start with but try to have an alternative one as backup for your customers

Worldpay has a small set up fee but it is very good for global businesses. It offers similar services as pay pal.

Another option to third party creditcard processing is to acquire a full blown merchant account and take card payment in the name of your company. This will take a while and could involve different fees such as monthly gateway access fees. Deciding whether to get a full merchant card processing account or use a 3rd party processor is simply a question of crunching the numbers.

No comments: