Home Add to Favorite Contact Submit  
             19 March, 2024
 

    
Category:  Articles » Finances » Credit

 

Various Payment Processing Systems

Popularity:
         Views: 2250
2007-09-18 11:02:14     
Article by Sara K

If you have an e-commerce business and you are not offering various payment processing services to your customers then your business is lagging behind the many who offer these. Its not just credit card processing that your customers will require. There are many who do not even use credit cards and would want to use the various other payment processing services and if you are not offering those then you might as well be saying goodbye to so many potential customers.

Having a strong payment processing system is essential for any e-commerce business. Merchant account providers who offer you various payment processing options understand why your business needs such a capability. Providing your merchants with diverse payment processing options will give you a strong customer base and help improve your sales.

Payment Processing System Options

The various major alternatives in a payment processing system include:

• Credit/Debit Card Processing
• ACH Processing
• ELV
• Bank Wire
• Direct Debit

Credit/Debit Card Processing

The most common and widely used payment processing system, credit/debit card processing helps boost your sales to a great extent. The virtual terminal allows safe transactions and offers protection from online fraud as well. Your merchant account provider will offer you credit card processing software as well, allowing you to offer cost effective solutions and a better performance to your customers.

ACH Processing

ACH payment processing system helps save time and money. With this your business enjoys the convenience of electronic funds transfer and cheaper prices. This is one payment processing system that allows helps streamline the payments and give you accelerated availability of funds. Providing merchants with reliable and improved cash management facilities, ACH payment processing system gives you a single secure portal to manage and process your payments.

ELV

Direct debit ELV is the most popular payment processing system in Germany and is widely used there by customers who don't have credit cards. It offers a secure SSL encrypted terminal and payment processing options. The transfer of funds is handled through the merchant's bank and the amount is then transferred directly to the business account.

Bank Wire Transfers

This payment processing system allows merchants to become capable of transferring funds online. You get a worldwide access of transferring funds from your account to another. It's simple and secure but may require several hours to process.

Direct Debit

Convenient and hassle free, direct debit allows you to make regular transactions giving you time saving and easy solutions for accepting debit payments. More and more companies are now using direct debit payments for collecting various kinds of payments and bills. This payment processing system allows merchants to stretch payments over a longer period of agreed time and gives you multi-currency options along with real-time processing. Its simple and safe infrastructure makes it simple and easy for merchants to operate.

Providing various payment processing systems makes your business attain a higher level. You are able to gain potential customers and boost your sales, allowing your customers to accept payments anytime and anywhere.

Instabill.com offers Merchant Accounts with diverse Payment Processing Options and Real-time Payment Processing.

Specialized in: Merchant Account - Offshore Merchant Accounts - High Risk Merchant Accounts - Credit Card Processing - Real Time Processing - Real-time - Non-us - Non-usa - Non Us - International Merchants - Credit Card Acceptance - Accept Credit Cards - Secure Electronic Transactions
URL: http://www.instabill.com
Print article      Bookmark this page
Related Articles 
Is it possible to improve your credit score with the help of Credit Repair Kingwood TX services? (Popularity: ): A good credit score always helps the individuals in purchasing the items easily without any difficulty, but bad credit history will ruin the lifestyle without allowing them to buy anything an individual dreamed of. However, there is always a way and bad credit reports can be repaired with the help of a credit repair specialist, who are experienced in solving all the loopholes that are present in the credit reports. ...
Unclaimed Money Can Help Increase Personal Finances (Popularity: ): For many, unclaimed money has increased their personal finances greatly. The state agencies are employing several resources in making sure that the problem of lost money comes to an end. This is one of the main issues that give nightmares to the state treasuries and other agencies who are managing these money piles that are yet to see the face of their real owners.State agencies believe that it is because ...
Easy Ways to Find Unclaimed Utility Deposit Money (Popularity: ): Lost money is one of the major causes of concern for all the states in the U.S. The pile of unclaimed money in the state treasuries is now increasing at an alarming rate compared to the rate at which the people are coming to claim them back. This alarming rate of increase is the major cause of concern for the state treasuries because this pile up amount is of no ...
Texas unclaimed property increasing at alarming rate (Popularity: ): Unclaimed property has been a problem every state in the U.S. is facing. There are several modern world problems that our current economy is dealing with and one of the more severe problems is the case with lost money. Like other states in the United States, Texas is also facing similar problem in managing the immense pile of unclaimed money. The burden is mainly on the state agencies that are ...
Credit Card applications process (Popularity: ): Credit cards have become very popular among people who wish to extend their business or make the flow of their finances as fluent as they want. Now, where there is demand there is always a race to satiate these demands, since it forms a very lucrative business base. Today, the world has gone the online way for almost everything and hence it is very obvious that there is an abundance ...


Related Business 
Heartland Payment Systems (Popularity: ): An independent payment processor. Offers credit and debit card processing, payroll processing via offices located throughout USA.
SAP ECC CRM, Payment Credit Card, Encryption (Popularity: ): Cards processing in their CRM sales portal (B2B and B2C) processes – can use our expertise when it comes to automate payments securely in real-time. We can help you connect many payment gateways of your choice to process your sales orders in your CRM systems - globally by connecting to global payment gateways whether you are processing in US or in Europe or in DownUnder in Australia.
International Processing Solution (Popularity: ): International Processing Solution, our entire focus is on delivering reliable and secure payment solutions to help businesses succeed in an increasingly complex global marketplace. By serving as a single source for payment processing worldwide, IPS sets new standards in convenience, reliability and innovation.
Intuit Merchant Services (Popularity: ): Intuit Merchant Services offers a tiered payment structure for credit card processing.Intuit Merchant Services for your payment processing needs. There are several advantages to using Intuit Merchant Services for your payment processing needs. Intuit also produces Quicken software and has built a solid reputation in the business world.
123Send (Popularity: ): 123Send are the UK's leading payment services provider, providing card payment processing options, payment terminals and other solutions for retailers and other organisations.
United Payment Services (Popularity: ): United Payment Services offers credit and ATM/debit card processing, check guarantee services, purchasing card programs and Internet electronic commerce capabilities to businesses of all sizes. Built on many years of experience in the payment processing industry, United Payment Services is uniquely positioned to execute our corporate mission. Our core corporate belief is that our company exists to enable the American dream by providing businesses with the latest electronic payment capabilities ...
Payment Processing Services (Popularity: ): Are you spending too much time on your payment processing services? ACH Federal provides customizable web-based packages to enhance your bottom line. Three accredited ACH professionals came together out of an earnest desire to provide customized service and efficiency to financial institutions and corporations.
MoneyLine Group (Popularity: ): A supplier of electronic payment processing systems and software.
Digital Courier Technologies, Inc. (Popularity: ): Offers an integrated payment processing systems.
Internet Payment Exchange, Inc. (Popularity: ): iPayX (Internet Payment Exchange, Inc.) provides payment systems, electronic document delivery, and associated customer service solutions that complement and maximize a company’s internal systems and resources.