Today it is of high importance to accept credit card payments on a website which want to sell their products and services online.

Many still relay on Wire Transfers or check processing and ask their customers to pay by these methods; however they will lose orders and money in this way.

The risk of accepting credit card payments on your website in regards to fraud is existent and you will face customers which will try to dispute a charge even if they have received what you sold them, this is a annoying situation to be in but you will, if you have the proper documentation in place be able to fight such fraudsters.

Compared to PayPal which always is on the site of the buyer then you will have better options to fight a dispute and even a chargeback if you have your own Merchant Account.

A Merchant Account is similar to a bank account with the exception that you don’t have direct access to it and you can’t withdraw or insert money on that account or use it for day to day transactions. The Merchant account is opened by a Acquiring Bank which holds your moneys and once a week and sometimes every day pay out the funds on your Merchant Account to your bank account.

However, to become a Merchant Account with a Bank you will need to be approved a an Acquiring bank or processor.

The approval process and time varies from case to case and bank to bank. In general it speeds up the approval process dramatically if you have the following already in place:

• 1. Web site need to be compliant, which includes:
• a. Visa and MasterCard Logo
• b. Terms and conditions
• c. Return policy
• d. A fully working website from ordering a product or service to the final checkout page
• e. All products and services are online
• 2. A English translation of a utility bill, phone bill or bank statement
• 3. Passport copy
• 4. If you apply in Europe, then a European Company (for instant Cyprus Company)
• 5. Processing history from either PayPal or former processor
• 6. A good description of your business and why you want to accept credit card payments.

Once you submit your application to a merchant account broker or directly with a payment processor then it is easy for you to submit above at the same time, this speed up the process and they don’t need to request each of it one by one.

CCLOGIC LLC is one of the most connected Merchant Broker companies in Europe; we can place almost any business and business size we work with the Major Acquiring Banks in Europe and also with Banks outside of Europe. Please let us look into your business case if you decided to accept credit card payments on your website.

CCLOGIC LLC can place : Regular E-Commerce Business | Adult Business | Online Casino Merchants | Pharmacy Merchant Account | Sports Betting Merchant Account | High Risk Merchant Accounts

Most of the frauds committed on the Internet is by using information stolen credit card was used several methods to obtain, such as copying information from retailers, steal bases Society data and including the purchase of credit card employees of the company. We are constantly informed by the sector of credit cards online purchases are safe, but, as with any operation there are always risks.

Fraudulent transactions result in losses for the credit card company, since only a small percentage is actually recoverable, whether to locate the thieves or recover some of the operators. In the rules of Visa and MasterCard, a bank for processing are entirely responsible for each transaction. If the merchant does business illegally or recklessly and causes a lot of returns, the supplier of May end up with huge losses. To avoid this, the supplier is part of the costs on the market if they have not made the proper security checks and completed all the data on the map, they are chargebacks. The merchant must cover the full cost of the transaction, transaction costs and is obliged to pay penalty chargeback.

Because of this, online merchants are recognizing the need to take responsibility for the installation of all necessary precautions to protect their stores online, credit card fraud. Systems to combat fraud are purchased by dealers of high security in the fight against fraud and traders are common tools for the signature of the services offered by major credit card, Visa and MasterCard SecureCode target dispel some customers who are concerned when purchasing products online. These services require the inclusion of clients in a password with their card issuer and each time you use the card online, they are asked for your personal password.

Many traders believe that banks and credit card company do not spend enough energy in the pursuit of the thieves in order to reduce the number of fraudulent transactions, such as costs related to a May survey of more higher than the abandonment of research. In particular, minor fraud should not be scrutinized because the cost of the investigation and prosecution are generally higher than the loss from fraud. Thieves credit cards or who commit crimes or are guilty do not go unpunished and are therefore free to pursue customers and merchants. In general, there are few retailers can do once there was a fraud and having to accept to lose some of their profits for purposes of fraud at the moment, if you want to take your business online .

Traders’ associations have tried to implement various measures to fight against fraud, such as card numbers for single use, but are not popular with customers because it implies a new number every time, it is almost impossible for customers to store card numbers. People need credit cards and aggravation due to laws limiting customer liability for fraud, there is little motivation to participate in more security. Merchants can implement these additional security measures, but to take the risk of losing business if the customer decides not to use them.

If you are an online merchant and I think the customer can use a stolen credit card, contact the vendor of the card (Visa, Amex, Discover or MC) to find the bank that issued your telephone number and then call Bank report that you think your credit card information theft.

Online security can not be guaranteed, but what can? If you use a system that provides tools to fight against fraud can only help to reduce the number of fraudulent transactions in your online business. As your experience grows, you begin to recognize suspicious transactions and you can consult before proceeding. As an online business, you have little time to review all transactions that are questionable, to have a look on the Internet where there are now many companies offering anti-fraud tools to reduce the minimum the risk of credit card fraud on merchants.

Visit our large Merchant Services Discussion Forum today and discuss topics as above with others like you. | Accept Credit Card Payments with cclogic.com

Accepting credit card payments on your website is standard practice these days and if your site is not yet doing this, then you will definitely be losing customers and business. Credit cards can ensure business transactions are quicker and easier for all involved and lead to expansion. Online businesses are nervous about accepting credit cards due to the penalties banks charge if credit card fraud occurs, setting up a merchant account can be a simple process that will identify and reduce the number of fraudulent transactions. A little research can find the right merchant account suited to your type of business.

There are a number of benefits to accepting credit card payments online, first and foremost it will enable your customer base to grow and you’ll never have to turn a customer away again. Many people now use the internet to shop for a wide range of products as it is now possible to purchase items online without ever having to leave the comfort of our homes. The availability of the website will also open up your products to the worldwide market and attract international customers. Credit card payments are more convenient for everyone involved. With the setting up of a merchant account, everything is done automatically so sales will increase due to their availability 24 hours a day, every day of the year.

For a secure and reliable Merchant Account and Payment Gateway solution to Accept Credit Cards, contact cclogic.com

The decision to accept credit card payments and so increase revenue to your online business brings with it the difficulty in choosing a payment gateway to process sales.

In very simple terms, the gateway processes online payments by connecting your websites order form with the merchant account and returning the answer to the merchant and customer, either approved or declined. Although the gateway itself actually only connects the website to the merchant account, larger payment gateway providers offer additional services, such as merchant accounts and shopping carts.

All payment gateways have standard fees to be aware of. The first of these are setup fees, charged when the gateway is initially established and often non-returnable. There will also be monthly fees to pay for the service and charges for every transaction processed, regardless of whether the transaction has been accepted or denied. Nowadays, when searching the internet we want everything to be processed quickly and get annoyed if this isn’t the case.

If transactions are slow when purchasing or during check out, the customer is likely to leave your website and find another that can process the sale much quicker. You need a reliable gateway provider who can promise a quick efficient service. Gateways offer a range of features that will increase security and revenue. Listed below are several of the more common features to expect.

Contact CCLOGIC LLC to Accept Credit Card Payments today!

While much has been said about PayPal, then I believe there are still some topics which need to be outlined in regards to all the many Online Merchants and PayPal users.

I see many forums which are filled with posts about PayPal and with questions I believe are already answered. However below I will go through of some of the questions which I see most and try to explain it so that also the last user on the Internet can understand it.

One of the most common questions in regards to PayPal and to Accept Credit Card Payments is; Can I use my PayPal account to accept credit card payments? The answer to this is YES you can, in fact PayPal lives from people using their credit card to pay for gods and services available at hundreds of thousands of websites.  PayPal only differs from other Merchant Account solutions by converting the money you pay to another PayPal user with your credit card, to PayPal money. Once the money is in any PayPal user’s account, it will and can be moved around and of coursed be used to pay other PayPal users.

The great benefit of having PayPal is that if you live in a country where you are unable to become a Credit Card or a Visa Electron card, then you can pay with PayPal, which is accepted in almost any webstore you can find. Other reason could be that you are unable to become a credit card due to your credit rating, than a PayPal account is the solution for you. Did you know that we still in 2009 have countries where it isn’t normal to have a bank account and where you get your salary in cash? That true, of the countries are Uruguay which have a great banking infrastructure but still most people there are unable to become a bank account!

So back to topic, now you know that each and every credit card holder can pay you if you accept PayPal on your website.

But hey, when one of my customers click on the PayPal button it directs him to login to his PayPal account, how the hell is he able to pay without to open a PayPal account or use his existing account. That’s obviously a sign that you still not get it!

Every time a user is forwarded to PayPal to make a payment for any reason, then there is an option to pay directly with a credit card, PayPal even not hide this, they pull up a site where they tell you that you are now able to pay with your credit card without having a PayPal account!

Now you will ask yourself, why do not all just accept PayPal as payment method? If it is that easy and if you don’t need to go through all the hassle with PayPal as what you need when you obtain your own merchant account then what is the point?

This question has also been addressed many times in all the forums I visited over the years. Sure it is much easier to just go and open a PayPal account and start selling your gods or services, but PayPal don’t accept all countries, or all types of business. Also there is the aspect of looking professional against your customers, if make an example scenario as the following then you will see that it often is a great benefit to Accept credit Card Payments by both to have a PayPal account and your own Merchant Account.

Scenario: A Online Merchant has been trading his products which are boxes for almost 3 years now and he has a stable monthly turnover of about $ 50.000 so far he started with a 3^rd party processor like 2CO (which is one of the most common processors to use and which is an good alternative to PayPal).

If we analyze above scenario, then the first impression is, great he is doing well and why worry about to offer more options to pay, it looks like everything works. That’s a fatal error to think in this way and it is wrong. As a expanding business you need to offer more services towards your customers and you need to let them feel comfortable with shopping at your business, also you need to increase your income.

If this business would go and become his own Merchant Account and connect his website with a Payment gateway, then the upfront costs would be (only an example) let’s say $ 800 and maybe he also agree to pay a monthly fee of let’s say $25, those fees will make it up with the costs of transaction processing he safe, since 2Co.com often charge about 5% and more plus a transaction fee, and with your own Merchant Account you might only pay about 3% or even less and a transaction fee of maybe $ .20. Now I hope you can see the point, this merchant will increase his income over the next month and get more capital to extend his business.

Next thing is, as I mentioned in the beginning of this article, there are that many people out there which don’t have a credit card or are unable to become a credit card this people often only have one choice left, and that’s to open a PayPal account, if they have something to sell, then they can load the PayPal account in that way, if they have a regular bank account they can use it to load the PayPal account. So this people might also be interested in the products sold by our Merchant, and if he offers the possibility for people and potential customers to pay with PayPal, then he will increase his income and sales with less effort.

Now you must think, okay, if PayPal can accept credit cards directly and if there are that many people out there which don’t have other options than PayPal, then it must be enough to just offer PayPal as Payment method?!  Wrong again, I know it is a bit difficult; however I will also go through this now.

A Merchant Account isn’t more than just an contract which you have with a bank to be allowed to send your credit card transactions and in some cases other payment methods to them. But to be able to do so, you need a payment gateway, often this payment gateways gives you a bunch of great information about each payment transaction, which you can use for marketing purpose. Another thing is, that the most Payment Gateways give you Real Time Transaction overviews and calculate the overall chargeback ratio and a lot of other things. Finally you are able to integrate your website directly with this payment gateway which do that your customer (the credit card holder) don’t need to leave your website, and which again let you look more professional towards the customer.

My conclusion is, that to offer both PayPal and alternative Payment methods is the way to go. For Startup business where you can put in question if they will succeed it is better to start with PayPal until you have built up a stable monthly sales volume. This will save the new business upfront costs and the integration of a payment gateway, which often needs some programming experience or at least a good coded plug-in.

If you are looking to Accept Credit Card Payments or need a Payment Gateway, please visit cclogic.com we can help, also for High Risk- and High volumen business.

Something interested I read about cclogic’s business partners and the payment gateways they use.

Our Payment Gateway providers supports over 150 different currencies so the customer has the option of ordering products or services in the currency they are familiar with. Shoppers will know which cards are accepted by the card logos shown on the payment method page. When the account is set up the payment logos are automatically displayed so shoppers can see the cards available for them to use. If the online store requires more payment cards after the set up has been completed, an online application has to be submitted stating the extra cards to be added.

Our Payment Gateway providers accepts applications from most types of industries including Gaming, Pharmacy, Adult, Retail, Software, Ticketing Tobacco, Travel business, Airlines, Hosting business, Financial Services, Online Games, Luxury Goods, Digital Content. Opening a merchant account with Our Payment Gateway providers will show a growth in your online business as the website becomes available internationally. As an online merchant check out the options available with Our Payment Gateway providers and you will see that it is an affordable choice.

It has been a long time since all our business transactions were in cash or cheques. The wish to be able to handle more business, make our procedures faster and more efficient and to give a better service to our clients has resulted in a wide range of technologies and services that are now so pedestrian that we sometimes wonder how life would be without them. And as we are now working within a growing world economy, the need for fast and save business transactions and accepting credit card payments has never been greater.

We are proud to be a company that offers payment solutions, as accepting credit card payments online. We merge modern technology with knowledge and understanding in our field. Our products are valuable to private organizations as well as local authorities, and come with full support and guidance from our highly qualified team.

Basically, we offer a gateway for merchants , which is fast and simple in use. With our resources it is very simple to accept credit card payments online. All the transactions are safe and we always guarantee discretion from the start to the end of a procedure. Our services do not just cover this. Here is a list of the other products in our expertise:

·         Payment Gateway

·         Merchants Accounts

·         Virtual Terminals

·         Credit Card Fraud Detection Service

·         Consultancy Services

·         Partner Projects including:

Affiliates Program

Reseller Program

Private Label Gateway

Integrators

·         Customer Support

Payment Gateway - is a very powerful gateway solution that will provide you with:

·         All you need to run a lucrative e-commerce business.

·         A payment gateway that is a strong and secure and allows you to accept credit card payments online.

·         A system that is easy for medium sized as well as large companies.

·         Total power over all your transactions and printing your own statement.

·         A powerful system that lets you deal with several Merchant Accounts on a single server and install different clearing banks at the time.

·         A system that allows payments in any currency of choice.

Merchant Account – With the merchant interface you can:

·         Control transactions.

·         Observe transactions.

·         Get summaries, graphs and more. The merchant interface is a secure website that you can enter from anywhere with an Internet connection.

Virtual Terminal – Our Virtual Terminal software:

·         Allows fast manual processing of mail orders and telephone orders in a secure environment.

·         Is desktop application that allows use without browser and logins. This is to avoid online insecurity. Read more about our Virtual Terminal software here.

Consultancy Services – Cclogic.com Consultancy is for those are looking for advantages from the knowledge of our team and business. We can help you if:

·         you want to set up your own payment service provider.

·         you need insider information from the sector.

·         you need to plan how to deal with different complicated aspects of this industry such as risk management, due diligence and compliance.

·         you need tools to manage your business.

Partner Projects – Cclogic.com offers an unparalleled range of prospects for partners, and we are always looking for chances to expand our business. We offer:

·         a generous affiliate scheme where you can earn commissions from link backs and sales.

·         An excellent reseller program that connects your gateway to Cclogic.com. This means that you will make use of our experienced team, have the wide range of banks with which Cclogic.com is already connected and you will be able to start up your payment service provider business. You will have access to the advanced and recently developed anti-fraud system (VFraud) which you can offer your merchants as additional security. This is your opportunity to get started easily or to expand your existing PSP, ISO or MSP business.
As a reseller and Cclogic.com contractor, you will automatically join Cclogic.com’s affiliate program. Pass on a new or existing business to us as payment service provider, merchant service provider or independent sales organization and you will earn 45% commission for every lead that ends up as a contract. You see! We wish to make every effort to help you make good earnings while working with Cclogic.com.

·         Private Label Gateway – The private label gateway at Cclogic.com allows you to start accepting credit card payment fast and secure. We currently have two solutions; online or to install the Gateway Program on your computer.

Customer Support - Cclogic.com provides:-

·         Absolute support for all our products, 24 hours a day, 7 days a week, 365 days a year.

·         Guarantee that we will look after your needs at all times, and supply many routes for support if required.

Press Releases and Current News – Cclogic.com provides:

·         a library of resources relating to the business

·         information to keep you abreast of relevant current news.

As you can see we are more than just a payment solution company that allows you to accept credit card payments online.  We offer an complete service of support and resources, which allows you to deliver the best service to your customers. We also keep you up to date with what is going on in your particular business area. We are sure that you will be very satisfied you choose us.