Monday, January 16, 2006

Credit Card Payment

Credit Card Payment:
http://www.mitbbs.com/mitbbs_bbsdoc.php?board=BuildingWeb&page=279
You need Merchant Account or Non-Merchant Account service?

If merchant account, you need to register a business account from authority and obtain your business bank account in your local bank. Then, apply a gateway to accpet CC online.Most bank povide such service and there are also many many third-party services providers like authorize.net

If non-merchant account, the easiest way is to use Paypal or
sth like that, like 2checkout.com.Many many many such companies.

To accept CC, pay attention to:
1. service fee (incl. setup fee, month/annual fee, per service charge, etc)
2. Fraud control. Chargeback percentage of the gateway.
3. Security

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