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.

Gateways offer a range of features that will increase security and revenue. Listed below are several of the more common features to expect.

The most important feature are fraud prevention tools. Merchants continually neglect this part of their business; fraudulent transactions result in loss of revenue, something no merchant wants or needs. Merchants will be aware of chargebacks and the penalties these can incur; credit card fraud is prevalent, increasing daily as hackers come up with advanced methods to obtain card information. Utilising anti-fraud tools will mean less time inspecting suspect transactions and more time generating sales. Basic anti-fraud tools include an Address Verification System (AVS) that checks the customers’ delivery address against the address the card issuing bank has on file, and CVV2, the 3 digit security number printed on the back of credit cards VISA, MasterCard and Discover Card.

Another addition to expect is a recurring billing system, particularly suitable for subscription and membership based businesses. Many merchants have customers that order products on a regular basis, if billing has to be done each month to the same customer using the same details it can waste valuable time and energy. With recurring billing you just supply the gateway with the customers billing information and how regularly to invoice them (this only needs doing once) and the gateway conducts all future transactions.

Comment this here or at our Merchant Service Forum

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.

Shoppers today expect convenience, simplicity, and a wide range of payment methods for them to choose from.

Payment by credit card is by far the most popular payment of choice and if a merchant doesn’t offer this, the consumer will simply go elsewhere; competition is fierce.

Setting up a merchant account with Our Payment Gateway providers enables the major credit cards to be accepted on a website, including Visa, MasterCard and Visa Electron for UK customers. The account allows for authorisation, settlement and management of credit card transactions online.

Internet sales can be managed worldwide using a single payment gateway and payments processed in real time. Our Payment Gateway providers also have Virtual Terminal software, a payment terminal that allows you to accept mail order or phone payments if for some reason the information can’t be collected from an internet based system. So transactions can be processed either online or offline.

Access to the payment gateway will ensure all transactions are easily processed with all the major banks and is available to merchants in all European Countries.

The gateway used by Our Payment Gateway providers has been designed to be as easy to use as possible, giving absolute control over payments and transactions; the option to print out statements is even available. The system is extremely powerful and several merchant accounts can be handled on one server. The system is able to handle all major clearing banks and several clearing banks can be installed at once.

Our Payment Gateway providers utilizes the Address Verification System (AVS) which confirms the identity of the credit card holder. The system works by confirming the billing address of the credit card is the same as the one on the application form held at the credit card issuing bank. Security Code Verification (MasterCard Secure Code & Verified by Visa) was introduced to improve the security of Internet payments.

Basically it is 3 numbers printed on the card or signature strip and required by merchants to secure ‘card not present’ transactions taking place over the Internet, on the telephone, by mail or fax. Due to increased attempts at card fraud, it is now obligatory to supply this code when the cardholder is not present in person.

This article is written by Accept Credit Card Payments . biz

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.