Take credit cards

A credit card is a card that identifies its owner as one who is entitled to credit when purchasing goods or services from certain establishments. You can take credit cards from your customers if you have an online merchant account and processing gateway system set up for your ecommerce web site. Even brick and mortar companies can take credit cards from customers; however they do not require payment gateway but need to have merchant account. Having a merchant account system in place will ultimately increase your sales volume because this provides convenience and flexibility for your customers.

When a credit card is used, the retailer records the name and account number of the purchaser and the amount of the sale, and forwards this record to the credit card billing office. At intervals, the billing office sends a statement to the card holder listing all the charged purchases and requesting payment immediately or in installments. The billing office reimburses the retailer directly. The amount is deposited in the merchant account of the retailer.

Most of the work involved in credit card operations is now handled by computers. Charges for the use of a credit card are sometimes paid directly by the card holder. Credit card enables the buyers to make purchases even when they don’t have cash. Thus not taking credit card from the customer will make your customers to shift to competitors who accept credit card from them. In today’s hi-tech economy most payments are made through credit cards. For online merchants taking credit card is the most secured way of accepting payment.

Return to index

Request a Quote High Approval Rate
Business Name:
Contact Name :
Why Ignite Payments?
  • NO Setup Fees!
  • Competitve Rates
  • 5 Minute hassle-free application!
  • High Application Approval
  • Fast Approval time
  • FREE* Shipping & Handling
  • Customer Service 24/7
Top Rated Merchant Account Provider for over a Decade
What our client says
I was totally confused about opening up a merchant account until I visited "Ignite Payments' website". I called and somebody picked up immediately. It was nice having someone to talk too and guide me in the right direction. They made the process quick and painless with NO headaches. I highly recommend this company.
Marc Simmons
MSI Construction
These materials were prepared by CardConnect Paradise, an independent sales agent for CardConnect, LLC. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. CardConnect, LLC. is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, CA. CardConnect, LLC is a registered ISO of Deutsche Bank, USA, New York, NY. American Express may require separate approval. CardConnect LLC. is a contracted reseller of the Clover™ Solution. This web page or Web site is not an official page of Clover Network Inc., First Data, its subsidiaries or affiliated business. *Promotional offer brought to you by AI, INC. restrictions apply call for details
Copyright © 1988- 2017 AI, Inc All Rights Reserved.