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

Or are you already on your way to your second credit card? By the way, do you know it takes ages for you to get your credit card processed? 

Well, for starters let’s look into the credit card processing stage of your application and why does it take you ages to have that other card.

The first thing that your bank looks into in the stage of credit card processing is the account that you have in other credit card companies. Normally this part of the credit card processing stage-this is where people in banks get down and dirties with their records and other companies’ records. This would also include how long was the credit card processing stage when you applied for your other cards. This usually means that your bank is trying to find out how much your worth really is. This is the part where they categorize you in subgroups. This also usually means that it’s either you’re a good payer or they would have a have time chasing after you state to state.

If this happens in the credit card processing stage, the bank would usually require you to give them an alternate address where they send you the bill, by the way this just means that they want to be sure that you are going to pay! And if you get past this stage of the credit card processing with minor injuries to your ego, the next step will be to find out if you have any unpaid balances or other credit card processing with other banks. This just means that they are trying to find out how cards are able to for and you’ll be able to pay for theirs once you’ve passed the credit card processing stage. They usually do this to counter check if you do have the capacity of paying for a number of credit cards so they won’t get stuck a person that cant. And when you get passed this stage, still with minimal damage to your ego, the next step in the credit card processing stage is to verify your identity as a US citizen.

Because of the US Patriotic Act, everyone trying to get anything in the US is required to have their identities verified because they don’t want terrorist getting anything inside US soil especially getting past credit card processing. And the last part of getting past the credit card processing is to have all the things they need to check in order and to meet the standards of their company, in a nutshell, to get a credit card and to get through credit card processing, you must have other credit cards that are active. Two, you must be a good payer and three you must not have a last name that sounds like you are from Afghanistan-that is. Anyway, you might be having problems when it comes to your credit card processing, most it the time, it’s worth the wait. Credit cards is great financial tool is used correctly and properly. It will enable the credit card holder to manage his or her finances. Having a credit card also ensure not only your money and your life as well because it is very convenient compared to carrying cash or checks every time you have to buy or pay for something.

Are you ready to swipe your credit card for the first time? Really? Or are already en route to the second credit card? And did you know that it takes age to get your credit card processed?

Well, for starters, look at the stage of credit card processing of your application and why it has the age to have another card.

The first thing you see in your bank in the process of credit card processing is the account that you have in other credit card companies. Normally, this part of the stage of processing credit cards is that people in banks and dirt of their records and other documents. This would also include how long was the stage of processing credit card when you ask your other cards. Generally, this means that your bank is trying to understand what your value really is. This is the part where they divided into subgroups. This also means that it is generally either you are a good payer, or a time that would have been chasing each other.

If this occurs at the stage of processing credit cards, the bank generally requires that to give them another address to send you the bill, by the way that they just want to make sure that you are pay! And if you skip this phase of the credit card processing with minor injuries to his ego, the next step is whether you have outstanding balances for credit cards or other treatment with other banks. This does not mean they are trying to understand how the cards are far and was able to pay once they have passed the stage of processing credit cards. Usually, this to counter check if you have the ability to pay for a credit card to avoid getting stuck with someone who can not. And when you skip this step, even with minimal damage to your ego, the next step in the process of credit card processing is to verify your identity as an American citizen.

Because of the U.S. Patriot Act, everyone trying to get anything in the United States is required to verify their identity because they do not want to do anything of terrorism on American soil in particular credit card processing. And the last part of the past, obtaining credit card is to have everything they need to check and comply with the rules of your society, in short, to get a credit card to obtain card processing credit, you must have other credit cards that are active. Two, you must be a good payer and three should not have a name that sounds as if Afghanistan. Either way, May you have problems when it comes to your credit card processing, rather than at the time, worth the wait. Credit cards is great financial tool is used correctly and properly. This will allow the holder of the credit card to manage your finances. Having a credit card also ensure not only their money and their lives and because it is very convenient compared to the actual or controls whenever they have to pay or buy something.

Also please visit our Merchant Services Discussion forum for topica like above and Offshore Services!

Our payment gateway supports more than 150 suppliers of different currencies, so that the client can order products or services in the currency you know. Buyers know that the cards are accepted by the card logos on the payment page. When the account is set up payment logos are displayed automatically buyers can view the maps available. If the online store requires more cards after the launch is complete an online application must be submitted, indicating that additional cards are added.

Our payment gateway providers to accept applications for most types of industries, including games, pharmacy, adult, retail, software, ticket sales of snuff, Voyage d ‘ business, airlines, lodging, financial services, online games, luxury goods, digital content. By opening a merchant account providers with our payment gateway is growing their business online and the site is available internationally.

As an online merchant to check the available options with our suppliers to payment gateway and see that it is an affordable option.

Get answers to your questions at Merchant Services Discussion Forum, visit us today.

Setting up a merchant account with our payment gateway enables suppliers of all major credit cards to be accepted into a website, including Visa, MasterCard and Visa Electron for UK customers. This allows the authorization, settlement and management of credit card transactions online. Internet sales can be managed around the world in a single payment gateway and the payments processed in real time.

Our payment gateway providers also have virtual terminal software, a payment terminal that allows you to accept orders by mail or by telephone if paid for any reason, the information can not be recovered from d ‘ a system based on the Internet. Therefore, transactions can be processed online or offline. Access to the payment gateway will ensure that all transactions are handled easily with all major banks and is available to dealers in all European countries.

Used by the gateway of our provider payment gateway is designed to be as friendly as possible, which gives absolute control over the payments and transactions, the ability to print the statement is always available. The system is very powerful and can handle multiple merchant accounts on one server. The system is capable of handling all major banks and several banks can be installed at a time.

Our payment gateway providers use the Address Verification (AVS), which confirms the identity of the credit card. The system works by the confirmation of the billing address of credit card is the same as in the application form will be kept at the bank issuing credit cards. Verification Code Security (MasterCard Secure Code and Verified by Visa) has been introduced to improve the security of internet payments. Basically it is 3 digits printed on the card or signature required by operators and to secure “card not present” transactions over the Internet, by phone, mail or fax. Due to the increase in attempted card fraud, it is now mandatory to provide this code when the cardholder is not present in person.

A fraud scheme, was designed with a high level of anti-fraud tools to detect and prevent fraudulent transactions, which contains more than 180 different characteristics of fraud. The system is designed to maximize the protection of an online business and is based on more than 7 years of experience and research. Using this research, the company has built a database for its results with many different types of fraud. Features include: intellectual property and game cards, general restrictions on the country, block map, restriction map, Time Frame Relay, tools to fight against identity theft and the tools to fight against phishing.

 Visit our Merchant Services Discussion Forum today and enter into discussion about above and many other topics!

To apply for a Merchant Account by any bank or payment processor is not just a application and isn’t without risk for the Acquiring Bank, therefore Visa and Mastercard put towards merchants regulative which helps protecting the Acquiring Banks and the Payment Processors against fraud and huge losses.

Merchants which apply for a Merchant Account often set in question why all the documents are needed, why they have to prove their identity and other stuff just for accepting credit cards. Well, you must look at it in a different way, what you are really asking for is someone that need to give you credit or a “loan” and have them to believe that you do regular business and deliver your services and products according to your Terms and Conditions. The case is that once the Merchant got the first payment from the Acquiring Bank or the Payment Processor then there is a possibility for the Merchants customers to make a chargeback on whatever they bought, a chargeback can be issued by the customer within 180 days after a credit card transaction took place. Some Merchants start a business to later on to find out that it don’t work for them, they don’t get visitors or are simply fail in their mission to run a Internet Business, however the few sales they might have made or even a large number of sales for a short period, lives the Acquiring Bank with the risk of Chargebacks, and if the Merchant in the meantime went out of business then it can be difficult to come back to the merchant and claim the los.

While above made a “hole” for fraudsters in the Merchant Acquiring business, then Visa and Mastercard set forth regulations for Acquiring Banks  and Payment Processors to protect them self from conducting business with several business constellations and products and services which are allowed to be sold.

For instant some of the well known high risk segments are Online Gambling, Pharmacy business, Adult Entertainment and Sports Betting websites. Those, are complicated to place due to several fraud incidence in the past and for the pharmacy business while it is often the case they are selling controlled drugs or replicated medicine.

While you decided to start accepting credit card payments on your website, I would suggest you to write down a brief description of your business, how you will handle your orders, which you will go and sell to, which countries, and of course if your services or products need a license then attach it. Submit everything to the Payment Processor, ISO or who you want to open the account with and let them deal with everything. You will often be able to get a Approval or Decline within 48 hours, if your application declines, you will get information about why, that enables you to make corrections to your business case an resubmit it to another Merchant Acquire.

For more information or to find out if your business can become a Merchant Account, please apply your business at  cclogic.com

Our goal is to provide the most professional solution for our clients, we don’t want to be the cheapest and we do not enter into discussions about our fees.
We are that convince about our own performance that we only invoice a client if we are 100% sure not to fail our mission.

How do you differ from all the other companies?
CCLOGIC LLC is first of all compared to any other company in our industry, an independent consultancy firm, we are not married with any specifically bank or service agent to which we send all our clients. CCLOGOC LLC is extending their network of sub contractors each day and we know almost any aspect of the arena we are battling on.
In the opposite to many Payment Service Providers on the Internet which offer company formation, payment solutions or the opening of bank accounts and advertising strategies, then we have one thing in mind and what counts. If we haven’t put money into the solution we offer, why should our clients do? Our existing is because of the many clients who contact our company each day, we rely on them, and we want their reference on our client list.

CCLOGIC LLC is not in any way involved in any payment processing operations, nor are we involved in the day to day management of any Offshore Company or Offshore
Bank Account, no, we have used all our sub contractors for our own purpose (some of them for more than 5 years) and made our own experience with them, and they
are experts in what they are doing, that’s why we choice them as partners for CCLOGIC LLC.

The services CCLOGIC LLC offers are all in synergy with each other and that’s why we can handle all of them under one umbrella, we use them daily by our self with great success.

How we operate:
CCLOGIC LLC strives to deliver a fast, professional and reliable service to our existing and new clients, we won’t involve our self in any of our clients operations, and we don’t want to have access to our clients money. Also we want to have the right without any further details or discussion to discontinue the work with a client if we fell they are fooling us into a business we dislike or are just not honest about their entire business case. Most important to us is, we don’t want to waste our time on clients which don’t want to pay for the minutes and hours we are using on them, because they came to us because they had a issue they need to have solved, we didn’t contacted them.

[...] Read the entire article here

Visit our Merchant Services Forum Today, where you will find much more information about Offshore Company Formation and Cyprus Offshore Bank Accounts

“Many offshore banks have very strict rules on who they accept as their customers and contrary to popular belief they don’t accept just anyone as long as they have money! They have their reputation to maintain as a reliable and trustworthy financial institution and it would not be acceptable to them to allow criminals to use their services. Opening an offshore company can give you privacy or anonymity, the confidentiality laws of these jurisdictions are usually very strong and are a legal method of minimizing the tax amount you have to pay each year. “

This is what we wrote in one of our articles for not long time ago, and it is true, almost any bank in an offshore jurisdiction has that strict rules and regulations that they simply are unable to enter into the Merchant Acquiring business. Offshore banks will not be able to obtain a license to clear Visa or Mastercard credit cards often because they wouldn’t be able to withdraw the money from the card holders due to for instant European banks would decline such requests.

For instant if you get a Merchant Account in the Philippines or in Mauritius which both are great known offshore jurisdictions and which also have a license to do credit card clearing for each country, then you will often face the problem that your customers can’t pay with their credit or debit card. This due to the fact that many banks for instant in Europe or in the US simply decline such request because those countries are knows for scam and frauds.

However the problem can be solved very simple. You can become a Merchant Account with some banks in Europe and in countries which aren’t black listed in other banks around the world, once you have this merchant account you can ask the agent or the bank with which you have the merchant account to transfer your funds to an offshore bank account for instant in Cyprus.

Don’t make the mistake and open a Merchant Account in your local bank and ask them to transfer the money to your offshore bank account which might be in any of the different offshore jurisdictions, because they won’t do that.

By using the above model, you will need to face that your payment processing rates and fees might be much higher then what you can get them to in your local bank, but this should make it up with the TAX benefits you get through your Offshore Company. Don’t be fooled by low budget payment processors and payment service providers which promise you a offshore merchant account with a processing rate for instant of 4% or even lower, that’s simply not possible.

Also all the so called “free” service that tell you they will process your Visa and Mastercard credit cards for 3% flat rate, no monthly and no setup fees, they will process the cards but don’t transfer the money to your offshore bank account, and even if they would like to do that, then their financial institution will decline that request.

As solid Offshore solution for instant in Cyprus isn’t easy to get done. It needs the experience and knowledge from people which have been working in both the Merchant Acquiring and the offshore company formation business sectors, There are only a limited number of Offshore Service Providers which can help you and also assure you to become the real and right solution, many other will fool you into something you have better been without.

For the real solution which both it secure and reliable contact cclogic.com the experts in Offshore Merchant Services

The website need a way for your customers to order your services and products, this is often managed by installing one of the many shopping carts available for instant OSCommerce or Cube Cart. Those are very easy to install and only take minutes to get online, the difficult part is to add your products, pricing and of course the design.

A good thing to remember is that you want to show your customers that you are accepting credit card payments and that you are honest. The credit card regulations demand you to put up the credit card logos on your website that you are able to accept now. Also you will need to enter your contact and company details at somewhere where it is easy for your customers to find it. Finally you will need to implement your Terms and Conditions, your return policy. A good idea is also to have a privacy statement on your website, which you of course need to apply to.

Once you have managed above, you will need to have a payment gateway integrated, this can be something like authorize net or a 3rd party payment processor like 2co. If you decide to go with a regular payment gateway you will need to find a Merchant Account with a bank that supports the payment gateway you choice. Most Payment Gateway providers already have established relationship to the banks that supports their payment gateway. If you choice to integrate a 3rd party processor then you only need to worry about that, you don’t need to look for a merchant account too. Many payment gateways and 3rd party payment processors have a readymade plug-in for the major shopping cart and billing systems, so it is very easy to get them integrated with your website.

As soon as the integration is done, you will need to contact the payment gateway provider or 3rd party payment processor to make some test transaction, this is of great benefit for both parties since you need to make sure that the credit card transactions are passed without problems or errors to the bank to be processed.

Now you are almost done, make sure your are switching from the test environment to the live system. Often it is a demand from the payment service providers that while you are integrating your website with them, you will need to do so on the test platform and once everything is working you will need to switch to the live environment. The test and live environment is identical, so you can be sure that if it works on the test then it also works live.

A thing to consider is PCI compliancy, which you need to take seriously, if you want your customers to enter their credit card information directly on your website, then it is often needed to be compliant, you can read much more about to be PCI Complaint at the link we provided.

If you are looking for a Payment Gateway and a Merchant Account then cclogic.com  is able to help you, also if you are in the Adult Entertainment or Pharmacy business, contact us today.

Take notice of how the company treats you. If they are quick and informative in answering your questions then this will probably be how they go about their business; if they don’t reply quickly or answer the questions then try another service, there are plenty out there.

Before you decide on the merchant account suited to your business, understanding a little about merchant accounts should be high on your priority list as monthly fees can differ immensely. The more you know and understand your merchant account, the better you will control your business. There are many factors to consider when looking at merchant accounts, amongst them the ease with which the account is set up, how simple it is to operate and the reputation and professional attitude of the merchant account provider. Never underestimate the importance of an anti-fraud system as chargeback penalties from fraudulent transactions can be high and will cut into your business profits if not controlled. Check out the internet for information on merchant accounts and anti-fraud systems.

Merchant Account and Payment Gateway to Accept Credit Card Payments, contact us today.