THE HOST GROUP is excited to announce that we've teamed up with an Internet merchant account provider that agreed to provide everything you need to set up real time Internet credit card processing on your website.
E-Online Data specializes in getting Internet merchants set up to accept credit cards at merchant websites with the least amount of hassle, paperwork, and with the best Internet merchant account rates around -- hands down! They provide a complete online application that's a breeze to complete, have a 98% approval rate, and in most cases, can have you accepting credit cards in 48 hours.
To sign up, simply Click Here
Merchant Accounts
What is a Merchant Account? In short a Merchant Account allows you to accept credit card payments for your products or services online!In order to process credit cards in real time you must establish a merchant account. There are actually three steps in this process.
Step 1: The first is to setup a merchant account with a bank - such as Wachovia or Bank of America . This is done by going to the bank and providing them the proper information to open a bank account. It is often in the form of a checking account. Note they do not validate the credit cards, they only allow for a place for funds to be deposited once your credit card transactions are settled.
Step2: You must establish a credit card processor. This is the actual entity that handles the verification of the credit card. We would suggest E-Onlinedata which comes with a free Authorize.net gateway, which we will explain momentarily.
Step 3: You must then establish a payment gateway. This is the portal that transfers the transactions from a web site or a computer online to your credit card processor. We suggest authorize.net because they offer a low cost solution that takes care of both step 1 and step 2 all in one shot. Therefore all you would have to do is setup your merchant banking account and you receive a free authorize.net payment gateway so your credit card transactions can be processed online.
Click Here to start accepting credit cards
Example of How a Merchant Account Works
- Visitor goes to your site and adds products to their cart
- Chooses to checkout and enters in their credit card information
- Transaction travels through the authorize.net payment gateway securely
- Credit card processor verifies the transaction
- Visitor is notified of either a successful or failed transaction
- Funds are held by the processor for 24-72 hours
- Funds are then deposited into your Bank Account
Click Here to start accepting credit cards
