If you're doing business on the Internet, accepting payment through
your website is an absolute must, and if you are not processing orders
online, you could be losing a considerable amount of money through lost
sales.
In fact, studies have shown that you can increase your online sales by up to 400% by having the facility to be able to accept credit card payments, and with today's advanced technology, processing orders online can be a straightforward operation, made even simpler for the merchant by working with a Payment Service Provider (PSP).
Although some merchants can be rather hesitant at the idea of selling online, due to the amount of ‘red tape’ that can be involved in getting a ‘merchant account’, as well as a secure server certificate, shopping cart software, and the whole expense of paying someone to put it all together.
However, preparing your website to accept credit card payments is not as difficult as some people might think, and if the merchant chooses to work with a Payment Service Provider, rather than trying to acquire their own merchant account, then they will be up and running in a much shorter timescale. However, it is advisable for the merchant to do some initial research, so that they choose the most suitable Provider that can best meet their own business needs and requirements
The benefit of choosing a Payment Service Provider means that the merchant does not have to worry about installing new software or performing new system integrations, as the provider will not only handle all the online payments, but will take all the necessary steps to ensure the website is secure and protected, thereby giving the merchant more time to spend on developing their business and not on managing transactions.
So what does a PSP do? Well, it provides a secure website where it manages and processes all your customers' credit card payments, and although you will have to pay a small fee for each transaction processed, you will only be paying fees on money that your business has made, rather then the regular monthly charges and subscriptions that you would have to pay to your ‘acquiring bank’ if you had set-up your own merchant account.
At E-Clear we combine the technology and innovation of a leading Payment Service Provider, with the strength of a global payments network, thereby helping your own business to grow, with the help of our secure and efficient Payment Processing Solutions.
In fact, studies have shown that you can increase your online sales by up to 400% by having the facility to be able to accept credit card payments, and with today's advanced technology, processing orders online can be a straightforward operation, made even simpler for the merchant by working with a Payment Service Provider (PSP).
Although some merchants can be rather hesitant at the idea of selling online, due to the amount of ‘red tape’ that can be involved in getting a ‘merchant account’, as well as a secure server certificate, shopping cart software, and the whole expense of paying someone to put it all together.
However, preparing your website to accept credit card payments is not as difficult as some people might think, and if the merchant chooses to work with a Payment Service Provider, rather than trying to acquire their own merchant account, then they will be up and running in a much shorter timescale. However, it is advisable for the merchant to do some initial research, so that they choose the most suitable Provider that can best meet their own business needs and requirements
The benefit of choosing a Payment Service Provider means that the merchant does not have to worry about installing new software or performing new system integrations, as the provider will not only handle all the online payments, but will take all the necessary steps to ensure the website is secure and protected, thereby giving the merchant more time to spend on developing their business and not on managing transactions.
So what does a PSP do? Well, it provides a secure website where it manages and processes all your customers' credit card payments, and although you will have to pay a small fee for each transaction processed, you will only be paying fees on money that your business has made, rather then the regular monthly charges and subscriptions that you would have to pay to your ‘acquiring bank’ if you had set-up your own merchant account.
At E-Clear we combine the technology and innovation of a leading Payment Service Provider, with the strength of a global payments network, thereby helping your own business to grow, with the help of our secure and efficient Payment Processing Solutions.
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