If you take the time to select the proper provider, setting up an online payment system for your business isn’t complicated. ; Like any business owner, you want to be able to accept credit card payments online from clients and customers. ; However, there are many payment-processing vendors to choose from, ranging from small startups to large, well-known corporations. Each offers a unique set of features and different fee structures.
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Setting up payment processing to accept credit cards is one of the biggest pain points to opening an online store. We have your best options.
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According to recent research from Capital One , over 80% of shoppers prefer to use cards over cash. In other words, if you're a small business owner, you could miss out on sales by not accepting credit cards. Yet credit card companies and processors make money in part by charging fees to merchants, so it’s important to compare your payment gateway options. Whether you do business online, in person, or both, here's how to accept credit cards as a small business. ...
Vault’s Viewpoint on Accepting Credit Card Payments ; How much it costs to accept credit cards depends on credit card network fees and the payment processing system. ; Location-based credit card payments require a POS system, while online payments require a payment service provider. ; There’s no one-size-fits-all credit card payment solution. It’s best to determine your scope of need, and then find a solution that is tailored to that scope.
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