Are you new to credit card processing? If you aren’t familiar with the industry, then it is a good idea to learn a little bit about the technology and options that are offered. Our team is interested in your success, and we are happy to help you get started. You are always welcome to contact us if you have questions about the merchant services that are available.
We know that credit card processing can be overwhelming to people who are just getting started, so we are working hard to simplify the process and optimize your business tools.
Start an Account with a Credit Card Processor
Before you can start accepting credit card payments, you need to first have an account with a credit card processing company, also known as a merchant account. There are various types of merchant accounts available, so we can discuss your needs to identify the services that will match your business. For example, you might consider services such as Point of Sale (POS), online sales, NFC wireless transactions, mobile, phone, and more.
Series of Steps to Complete the Transaction
It might seem simple to swipe a credit card, but this motion starts a series of events that ultimately results in the money being deposited in your bank account. When the credit card information is used, the sale is initiated, and the information is sent to the payment processor. The issuing bank also receives notification.
Your credit card processor acts as the intermediary between your business and the bank that issued the card. When the bank receives the notification, the it will be approved or declined depending on the status of the account. Then, the information is sent back through the processor to let you know if the transaction was successful. Even though there are many steps involved, this process takes just a few seconds.
Choose a Secure Payment Processing System for Your Company
Whether you are looking to switch credit card processing companies or you are just getting started, we are here to help! Our team is focused on security and satisfaction for every customer. Our 24/7 technical support ensures that you will always be ready to accept an electronic payment from your customers. Talk to us to learn more about the options that are available.
