Mobile credit card transactions are a new front in merchant accounts. Imagine standing in the street and meeting someone who needs your services or products. Once you've tallied the total expense you then ask for their credit card and swipe it through a card reader that wirelessly communicates with your iPhone or Android mobile cellular device. You swipe the card and an approval code is returned to your phone and the transaction is complete. If National Transaction Corporation is your merchant account provider, the funds are in your bank account within 24 hours.
These cell phone devices are perfect for plumbers, electricians, landscapers and anyone who provides services on site that might require payment processing on site as well. Any Android or iPhone smart phone can be used. The credit card swipe reader links to your phone via bluetooth and has it's own battery supply. Once a card is swiped the transaction is processed over the phones internet connection. Software provided also gives transaction details and alerts you to accepted or declined.
Using this smartphone peripheral you can now accept credit card transactions on your mobile cellular device wherever you can surf the internet. Open new potential markets in your existing business operations, or expand your operations to include on site service or product delivery and get paid the moment the job is complete.
These devices also work with other cell phones such as the BlackBerry, Windows Mobile and several others. Call us today to see if it will work with your mobile device.
Thursday, April 26, 2012
High Risk Credit Card Processing Merchant Account Providers.
A High Risk merchant account is a consideration taken when deciding the approval or decline of a merchant account application. High risk industries such as travel or time shares have proven risky to merchant account processors because of the nature of transactions in those industries. When a charge is applied in those industries, they usually result in a short term loan on the transaction. When someone books a flight today for example, that flight may not be for 6 months or even longer. There are many reasons the transaction may be a problem. The person may cancel the flight for weather or personal/family matters for example.
Other industries, like pharmaceutical or gambling are outright illegal for many reasons so most of those merchant accounts are considered be high risk. Most merchant account agents cannot offer processing in these industries.
High risk merchant services like National Transaction Corporation can help you get approved in several creative ways. If you find that your company is in a high risk transaction category, we can help you accept credit card transactions. We are the preferred merchant account processor for various travel agency and agent associations including ASTA, OSSN, TRAMS, Vacation.com and many many more. We are an industry leader in providing high risk credit card processing merchant accounts. If you are a travel agent or travel agency or you sell timeshares call us now to see how we can save you money on your transaction processing fees.
Other industries, like pharmaceutical or gambling are outright illegal for many reasons so most of those merchant accounts are considered be high risk. Most merchant account agents cannot offer processing in these industries.
High risk merchant services like National Transaction Corporation can help you get approved in several creative ways. If you find that your company is in a high risk transaction category, we can help you accept credit card transactions. We are the preferred merchant account processor for various travel agency and agent associations including ASTA, OSSN, TRAMS, Vacation.com and many many more. We are an industry leader in providing high risk credit card processing merchant accounts. If you are a travel agent or travel agency or you sell timeshares call us now to see how we can save you money on your transaction processing fees.
Bad Credit ? You Can Still Get a Merchant Account Even High Risk
When you apply for a merchant account an application is typically filled out. The application is much like one for a loan from a bank. That's because during the time between a charge and delivery of a purchased item, there is a lapse of time that you have the money in your account, but the customer has yet to receive the product. For this reason, most merchant account providers treat your application like a request for a loan.
Certain industry's, such as travel agencies, are considered a high risk because of the time difference between the purchase date and the actual travel date. There are circumstances where the cardholder will dispute a charge for a trip. Imagine a natural disaster occurs at the destination, or bad weather. A cardholder might be tempted to cancel the trip and doesn't want to pay any cancellation fees. The cardholder might call their credit card company to dispute the charge and now the acquiring bank is left holding the loss. For this reason, the credit application is a necessity.
There are certain steps that can be taken to shore up your credit during the application process. If you have poor credit, there are things that can raise the likelihood of approval and we at National Transaction can be a big help. If you have really bad credit there are ways to get approved with a co-signer. Much like a bank loan you can enlist another person with better credit to make sure your approval is granted.
If you need a credit card merchant account, feel free to call us for a no pressure, no obligation consultation. Our merchant account agents will walk you through the entire process and answer any questions or concerns you might have. We can analyze your current statement to show you how we can adjust rates on your transactions to save you money when you process credit card transactions.
Certain industry's, such as travel agencies, are considered a high risk because of the time difference between the purchase date and the actual travel date. There are circumstances where the cardholder will dispute a charge for a trip. Imagine a natural disaster occurs at the destination, or bad weather. A cardholder might be tempted to cancel the trip and doesn't want to pay any cancellation fees. The cardholder might call their credit card company to dispute the charge and now the acquiring bank is left holding the loss. For this reason, the credit application is a necessity.
There are certain steps that can be taken to shore up your credit during the application process. If you have poor credit, there are things that can raise the likelihood of approval and we at National Transaction can be a big help. If you have really bad credit there are ways to get approved with a co-signer. Much like a bank loan you can enlist another person with better credit to make sure your approval is granted.
If you need a credit card merchant account, feel free to call us for a no pressure, no obligation consultation. Our merchant account agents will walk you through the entire process and answer any questions or concerns you might have. We can analyze your current statement to show you how we can adjust rates on your transactions to save you money when you process credit card transactions.
Thursday, April 14, 2011
Merchant Account for e-commerce Shopping Cart Credit Card Transactions.
Many different shopping cart applications exist to facilitate an e-commerce web site. Shopping carts act as a catalog of merchandise for sale, typically a 'buy' or 'add to cart' button will exist to add the selected item as a line item for an invoice. Once you have added items into your shopping cart / ecommerce software, you can then view the cart to see all the items in it, their quantities and a subtotal for each line with a grand total for all the merchandise. A merchant can then use other calculations for specials, coupons or gift codes that will alter the grand total. Most shopping carts offer all this functionality as well as foreign currencies, tax rates, shipping and much more.
This is where merchant account processing comes in. Once the order has been totaled and all fees and reductions have been calculated, a grand total is handed off to the payment gateway of the merchant account provider. A payment gateway is an internet address that the shopping cart reaches out to and sends information encrypted (scrambled beyond detection or translation) for approval or a decline. That is a bit simplified so lets break it down. The shopping cart software is used as the user shops. They add items and redeem coupons and add on shipping and/or insurance. As these items are processed by the e-commerce (shopping cart) software, the total cost is being recalculated showing the shopper a grand total. When the shopper is ready to check out, he final step is entering the personal information of the shopper as well as the payment information.
The shopping cart will typically have a payment 'module' configured with the (shopping cart owners) company information and merchant account data. When the shopper submits the order for processing, the shopping cart sends the merchant account data along with the users address, credit card number, name, expiration date and more to the merchant account provider. The provider receives that data in a secure manner (encryption) and passes that onto their payment center where balances are checked and fund transfers are requested. The total is either approved or declined due to numerous issues, and if approved, the funds are transferred from the issuing bank (of the credit card) to the merchants account to be later deposited into their bank account.
Each payment gateway is slightly different from one another. Some use tokens, some have an entire Application Programming Interface (API) and others create a simple buy now button that handles most of those details for the merchant. Configuring the payment gateway to interact with a given merchant account provider is often a source of confusion and frustration. Due to many nuances and details between the shopping cart software used (there are thousands) and payment gateway of the merchant account provider (again thousands if not millions), this process is not always straight forward for the merchant account holder.
We have had success getting many shopping carts to interact with our payment gateways and can offer your shopping cart the same level of success. Are you frustrated troubleshooting a payment module to work with your merchant account provider's payment gateway? We can help in more ways than one. We also offer mail order / phone order, retail / restaurant, and on site cellular credit card transaction processing.
National Transaction can guide you throughout the process. We can help you become PCI compliant, we can lower the fees you pay on your main transaction types, and we are here waiting for your call.
National Transaction Corporation
1-888-996-2273
This is where merchant account processing comes in. Once the order has been totaled and all fees and reductions have been calculated, a grand total is handed off to the payment gateway of the merchant account provider. A payment gateway is an internet address that the shopping cart reaches out to and sends information encrypted (scrambled beyond detection or translation) for approval or a decline. That is a bit simplified so lets break it down. The shopping cart software is used as the user shops. They add items and redeem coupons and add on shipping and/or insurance. As these items are processed by the e-commerce (shopping cart) software, the total cost is being recalculated showing the shopper a grand total. When the shopper is ready to check out, he final step is entering the personal information of the shopper as well as the payment information.
The shopping cart will typically have a payment 'module' configured with the (shopping cart owners) company information and merchant account data. When the shopper submits the order for processing, the shopping cart sends the merchant account data along with the users address, credit card number, name, expiration date and more to the merchant account provider. The provider receives that data in a secure manner (encryption) and passes that onto their payment center where balances are checked and fund transfers are requested. The total is either approved or declined due to numerous issues, and if approved, the funds are transferred from the issuing bank (of the credit card) to the merchants account to be later deposited into their bank account.
Each payment gateway is slightly different from one another. Some use tokens, some have an entire Application Programming Interface (API) and others create a simple buy now button that handles most of those details for the merchant. Configuring the payment gateway to interact with a given merchant account provider is often a source of confusion and frustration. Due to many nuances and details between the shopping cart software used (there are thousands) and payment gateway of the merchant account provider (again thousands if not millions), this process is not always straight forward for the merchant account holder.
We have had success getting many shopping carts to interact with our payment gateways and can offer your shopping cart the same level of success. Are you frustrated troubleshooting a payment module to work with your merchant account provider's payment gateway? We can help in more ways than one. We also offer mail order / phone order, retail / restaurant, and on site cellular credit card transaction processing.
National Transaction can guide you throughout the process. We can help you become PCI compliant, we can lower the fees you pay on your main transaction types, and we are here waiting for your call.
National Transaction Corporation
1-888-996-2273
Thursday, April 7, 2011
Credit Card Processing and Merchant Accounts for Non-Cash Transactions.
Credit card merchant accounts for transaction processing. In todays business world it seems imperative to accept non-cash transactions. Whether you business transactions occur over the internet, face to face or mail order / telephone order National Transaction provides a tailored solution. We begin by assessing your current merchant account in detail to properly determine your transaction fees. Next, we arrange your credit card fees in a way that benefits your business most. Once we are able to show you how much money you can save with us, we help you with your application for service. Upon approval your account is created and you are immediately able to accept credit card and non cash transactions through our merchant account.
If you do not accept credit card transactions through a merchant provider, we can analyse and adjust your merchant account once you have considerable purchases approved. We offer assistance with machine or peripheral selection and are standing by just waiting to assist you. Give us a call 1-888-996-2273
If you do not accept credit card transactions through a merchant provider, we can analyse and adjust your merchant account once you have considerable purchases approved. We offer assistance with machine or peripheral selection and are standing by just waiting to assist you. Give us a call 1-888-996-2273
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