Credit Card Processing

Credit card processing is the process by which a merchant (business or individual) accepts and processes credit cards. This process includes items such as verifying the credit card number, issuing a unique transaction code, and authorizing the payment. After the payment is authorized, the merchant will receive a credit card statement in which all charges will be listed.

In-person terminals, mobile and wireless options, online options, and MOTO (mail order/phone) are all possible uses for credit card processing. 

There are a variety of credit card processing fees that vary depending on the company you use and the type of card you're using. However, some common fees include 3% for domestic cards and 5% for international cards. The fees are charged by the credit card company, not the online payment processor such as Paypal or Stripe. Additionally, these fees generally apply only when a purchase is made with a physical credit card, not a debit or prepaid card.

Get a free estimate of your projected processing fee by applying now. 

When you make a purchase online using your credit card, the payment is processed through a secure connection between your browser and the merchant's server. This process ensures that your personal information is never shared with any third party, and that no malicious code can be installed on your computer in order to steal or misuse your data.

Shorter lines and quicker checkouts are sure to keep your customers happy, and reducing operating expenses by combining many dedicated phone lines is a cost-saving measure for businesses. Get started today by applying now.