Get An Inexpensive Merchant Account

Merchant Account and Credit Card Processing Information

Entries for the ‘Credit’ Category

What to do if someone use other people’s credit card number to make a purchase on your website?

ceotobe asked: 1. If someone stole other people’s credit card and make a purchase on a web site, and the victim filed a dispute with the credit card company, the website merchant will receive a chargeback. What should the merchant do to avoid this type chargeback record, especially the web site offers online services which [...]

Starting an Online Shopping Store.If someone buys online with a credit card,how long b4 I can withdraw cash?

egeqb18 asked: Starting an Online Shopping Store…If someone buys online with a credit card, how long does it take before I can withdraw the funds from the purchase, from my bank account after it goes through with my merchant account?

How does a consumer report/collect on a bad check?

Donna R asked: I recieved a payment for an item I am selling in the form of a check, which I deposited in my bank account. It came back NSF and as a result of this my accounts were closed. Does anyone know how to report this? All of the check collection agencies I found [...]

Credit for Merchant Account?

Joe T asked: Do i need credit to have a merchant account? Since I don’t have credit will my rate be higher?

What’s the best way to manipulate my credit card balance to keep the account open?

Soliloquy asked: I have had a Direct Merchants Bank Mastercard for over 15 years. It’s a horrible card, but I’ve been an indentured servant to these people for most of that time so I couldn’t cancel it. I’m happy to say I’ve managed to whittle down my remaining balance to the point where [...]

What is the difference between a merchant account and a payment gateway?

caof2005 asked: I’m a new’be in web and I pretend to setup my online store. The question I have is … What is the difference between a merchant account and a payment gateway? and why do a merchant would require any of those services?

How does this credit card company make money off me? If I continue this behavior, will they cut me off?

great_and_mighty_adam_levine asked: I use a credit card exclusively for medical expenses for a child with a chronic disorder.
- I charge about $8000/month, and I promptly pay right before the due date, incurring no finance charges.
- I place the vast majority of the charges for the month at the beginning of the billing cycle, so I [...]

Merchant Account - Short Term?

houstonjln asked: Hello,
I’m looking for a short - term (just 3 months) merchant account where I can accept MasterCard/Visa Credit Cards through my website. I would like like to know of a good secure shopping cart service that isn’t based on my server too.
Does anyone know where I could find a company like this?
I [...]

Who can report to credit bureau?

disgruntled asked: I bought a book from a merchant on Amazon, and they erroneously sent me two instead of one. I sent it back and they say they’ve never received it and are threatening to report me to the credit bureaus. I don’t have an account with them, I paid by credit card. How can [...]

Any merchant account providers there with better systems?

Autumn asked: I’ve worked with a merchant provider, and I really hated the service because they always had technical problems. I know this is sometimes unavoidable, but is there a site with a system that doesn’t go bust most of the time?