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Since Nov 2018

 

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Canada and eCommerce
Canadian eCommerce growth was recently flat but still has an attractive upside... Recent studies found that Canadian retail e-commerce growth was flat year over year (2003-2004). After further examination however, approximately 60% of the...

Choosing an Ecommerce Shopping Cart
Choosing an online shopping cart is a big decision. Unlike a traditional brick and mortar business, your website is your only chance to impress potential customers. It needs to project a professional image to capture the trust of your visitors....

Ecommerce Web Hosting: All you need to know
Gone are the days when the Internet was only for the geek labs and university libraries. With the emergence of accessible connectivity and affordable technology, ecommerce and online business are not futuristic concepts. Websites like Amazon and...

Internet Basics: eCommerce is Like Playing House
Ever play house as a kid? You don't even have to be in a house to play it. You just say, "The kitchen's over there, and this is the laundry, and here's the garage," and so on. You make it all up in your mind, but none of it's really there. ...

Why Ecommerce is Not Ready for My Daughter or Me
As the mother of a teenage clothing fanatic I'm often at my local mall. It occurred to me that the shopping experience for my daughter is attractive to her not because she wants to spend my money, but because the experience of buying itself is so...

 
 
Merchant services add ecommerce functionality to any business

According to paymentonline.com, this includes credit cards processing systems with a Merchant Account to receive payment from the customers. Merchant Accounts are an important element in any ecommerce venture. Merchant services provide the expertise and reliability to enable merchants to accept credit cards, debit cards and checks. A GOOD Internet Merchant Account is one that 1) Deposits money into the bank account immediately 2) Has VISA/Mastercard rate lower than 2.3% 3) Doesn't have a setup/application/or some other name for a $100+ or so fee 4) Has flexible term contract or commitment 5) Has been issued by a reliable merchant account provider 6) Doesn't have a cancellation fee or annual fee 7) Has 24/7 telephone and online support from the merchant account provider 8) Allows ecommerce indicator security features As per merchantlogic.com, many merchant services include access to all major credit card and regional debit card networks, as well as check acceptance services with electronic deposit. Whether the business is looking for retail merchant services, Internet merchant services, mail/phone order merchant services, or a wireless merchant services, the merchant services provider have a solution that's right for your business needs. They also take pride in having one of the largest chargeback and fraud merchant services departments in

 


the industry providing the customers with the finest level of service and protection for their businesses. Choosing the right merchant services provider can be critical to the business's bottom line. But selecting a merchant services provider at first may appear to be a daunting task. A single web search will deliver a seemingly endless list of merchant services providers. The service provided by the merchant services provider is that it will provide various types of merchant accounts that can be used to process transactions. Each type of merchant account varies depending on the merchant's business model. It is important that the merchant accurately completes the merchant application based on their business model as the rates and fees are determined on their business model classification. If a merchant fills out an application with an incorrect description of the services and products sold, the merchant can be fined and put on a terminated list for all merchant account providers to view. Merchant accounts are reviewed for compliance by a processor's risk department and the credit card associations on a regular basis.

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