Features of Credit Card Processing Online

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Features of Credit Card Processing Online

With such a variety of companies now offering these services, there is now a lot of competition. This means that the options will vary quite a bit as one company seeks to set itself apart from the other by offering something different - in addition to the regular service. Here are a few of the regular features and some of the special options that you can find.

Regular Features

Most of the Companies Will Charge Your Business With

A one-time set-up fee - there is quite a difference in prices here. Some offer it for free, and others may charge as much as $500 for set-up.
A monthly gateway fee - to use their service; fees range from $14.95 to $49.00 per month.
A monthly statement fee - this fee is nearly identical, only differing by 5 cents ($9.95, or $10.00).
A per transaction fee - these costs are relatively close, with a variation of 10 cents per transaction - from 0.25 cents to 0.35 cents.

All of the top ten companies will accept the following credit cards: Visa, Master Card, American Express, and Discover.

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Verification of address
Real time processing
Secure Socket Layer (SSL)

Customer Support

If there is a problem, the company is there to help you with 24/7 service - for all of them. They can be reached either through a toll-free number, or email. Nine of them can be reached through a fax, and two of the top ten companies even have live chat services.

Special Features

Most of the companies in the top ten offer Recurring Billing. This is where the processing company will send monthly bills to your customers for you. Eight of the top ten companies have this feature.

With all these options for credit card processing online, this should give you some ideas about why your business needs to make this move of the future. The variety is great, and certainly one of these companies, or one we did not mention, will be able to meet your business's needs for an online credit card processing company.

How To Accept Credit Card Payment Online?
Important Points You Should Consider When Selecting A Credit Card Processing Service
What Is An Online Privacy Seal And How To Apply For It?
Security Issues You Must Address as an Online Merchant
How To Deal With Credit Card Fraud Payment?

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