credit card payment,payment by credit card,merchant credit card processing,third party payment

 I understand that you are looking forward to accept payments from overseas and that means the card holders are not from india. In that case you should search for International payment providers that offer solutions to indian merchants. The challange may appear with the 3d being switched off. Honestly if 3d is switched of then the possibility of Fraud and Chargeback increases. Most processors will enable this filter and also implement other filters like AVS and Geolocation checks. Processing companies have to implement these factors. Having said that you may try this option. Hong kong Processing Company   Acardpay The second option may be a perfect choice for merchants selling medicines online. They offer solutions for online pharmacies that sell Non-controlled medicines. Must have a supplier agreements. The above mentioned companies will require you to fill the form and also require the KYC documents. Remember industries like Web Design, Charity , NGO , Online dati...

In today’s ever-growing e-commerce landscape, there are literally thousands of different payment gateway providers who offer international services. The caveat is that not all of them will offer their services in your location or the countries within which you might wish to conduct business. That said, choosing the right one for your particular business model will depend almost entirely on variables that pertain to your specific situation such as: the features and functionalities your business model requires the countries you wish to accept transactions from the currency or currencies you want to work with Since there is no single payment gateway that meets the regulatory and compliance guidelines for every region of the world, the first thing you must do is to determine whether you need to perform both authorizations and settlements in foreign currencies. If you already know you’ll be accepting transactions in foreign currencies, you’ll need to establish an “official presence” ...

There are all kinds of third party payment processor companies which run business in the model about the same way. But the internet business is growing so fast and widely involved, all kinds of requirement and needs in many aspect surround this are increasing. So the payment processor is gradually changing their orientation. The  third party is not merely a payment processor but also a  combined service provider for  online business runner. They develop various services according to the merchants’ requirement and raise the value of their existence. This has been a important way for third party payment companies in running their business. For a third party payment company, the service level raised, user experience improved, could be a key of standing out in this industry. A good payment processor, they can get through all payment processing channels and provide custom solution for their client. And it requires a excellent technical team and many years of experiences in ...

Most merchants don't know what they need or want. They just Google " merchant account " and click on whoever paid the most that day to get top ad placement. With that being the case, I'll respond to the question from our perspective. We've worked with thousands of merchants over the years and have seen just about everything. The most important variable is does the merchant service provider appear to be a perfect fit for the merchant. This may sound like a no brainer but it's almost always overlooked by both the merchant and the processor.. An e-commerce merchant should select the solution with the most ecommerce experience and expertise. If an e-commerce merchant walks into their local bank branch looking for a merchant account, the bank teller cannot answer questions about gateways, shopping carts, optimization techniques and robust fraud prevention tools. Price is irrelevant if you're not getting what you're paying for. Secondarily, the paymen...

One of ecommerce main bodies is merchant. In payment system, the merchant account is provided by third party payment gateway. The merchant account, which is the seller in payment processing, the final receiver of the customer payment request. The online merchant generally sells product or provides services through their website or the online shopping mall. Foreign merchant and Chinese merchant’s customers can be domestic or overseas or both. Merchant account service includes every aspect of the payment processing. First, ecommerce merchant account setup. Account registration in different payment provider company has different policies on charge. Free account is also available in some companies. It is dependent on different strategies and policies. Merchant apply for account, than the application will go through a series of views and check. The materials required are certificates for company or sole-proprietorship proof, and IP photo, and billing statement or water/electricity bills a...

There are so many things to consider before you choose the right payment methods for your business, so you need to make a strong research. Find out what kind of payments your target market prefer the most. A lot of people want to pay by cards but there are also those who prefer local payment methods or bank transfers. Then, look for a seamless solution that will meet your business needs best. The most important things you need to take into consideration are The company location. Does the chosen payment provider support businesses from your country? Your business model. Note that most providers have a list of businesses they don’t support (so-called high-risk industries) so, before starting the entire compliance process, make sure you won’t be rejected. Your company’s reach - is it global or local? If you think about selling globally, you should find a payment gateway that gives you the possibility of accepting payments in various currencies to provide your customers with a loc...

There are plenty of payment gateway solutions, incorporating recurring billing systems. Many of these solutions were mentioned in other answers to this question. So, which one of them should you choose? In order to make a competent choice of a gateway, you need to know, which particular features you need it to support. Some gateways support various forms of recurring billing, decline recycling process (mentioneed in other answers), account updater logic, payment plan freezes, payment plan changes, etc. Others just support most ordinary payment plan types where a client pays a fixed amount on a monthly basis until the plan is cancelled. Here are several customer-focused recurring billing system features that make them more flexible: Ability to freeze or defer a payment plan. Ability to change payment amounts or billing dates. Support for pre-payments, advanced cancellations, and buy-outs. Support for service fee deduction, customer alerts, and automated write-offs. Support...

Business to Business (B2B) transactions can be a complicated area of the payments industry to navigate, but the answer of which is the “best” payment gateway for international transactions really depends on several factors that are specifically related to your business model. If, for example, you need to transfer only relatively small amounts, you could attempt to delegate the task to banking systems (wire transfers might help, or transfers through clearing houses like BACS and SEPA). Conversely, if substantially large amounts need to be transferred, you will most likely need to utilize the services of a payment gateway as well as partner with acquiring banks offering the specific integrations you require. You might also consider partnering with Acardpay (a white label gateway for e-commerce platforms, presently a part of ACI) for handling large payments internationally. However, based on my knowledge and international experience, no single payment gateway meets the regulatory ...

Gateway account is a type of account from where you can manage your online payments , like check status, refund or return the amount , view total amounts. which is provided by payment gateway companies… And if your are asking about merchant account then this is just like your bank account and attached account with your bank account to receive online payments using online payment gateway. if you are doing any online business like online shop, then you need a merchant account with payment gateway , most of payment gateway company also provide merchant account, if they not then you need to request your bank for merchant account. L'effetto tridimensionale è allo stesso tempo sorprendente e stridentemente realistico, e mette l'Omega del Regno Unito in una compagnia rarefatta: qui hai un orologi replica GMT pronto per il viaggio alimentato da un movimento automatico certificato Master Chronometer leader del settore che mostra 24 fusi orari del mondo, e lo fa con un quadrante cr...

Building your own system is one way to go and there are good reasons to do so, especially at the beginning. Your needs are typically simple in the early stages. Maybe a couple plans on a monthly frequency. At this stage, you’re testing for product/market fit. You’re just trying to see if people are willing to pay you for your service or product. But as you grow, your needs will get more complex. You want to add a free trial or coupons. Or perhaps you want to more easily track MRR and churn. Finance needs you to connect to their accounting software. Each feature or functionality adds to the complexity of your homegrown system. It can get to the point where you are having to build and maintain two products. Your main offering, which is the reason you went into business in the first place, and your subscription billing system. As you grow it’s good to have a defined amount of resources that you’ll dedicate to your billing system. If you find yourself regularly going over that limit, i...

For some reason, people believe that payment processing and fraud management solutions go separately. However, reliable payment service providers should offer effective fraud & chargeback prevention mechanisms. Nowadays, a lot of payment processing solutions are out there, but I’d like to tell you about smooth, seamless, and secure payment experience provided by Acardpay. Security is our top-notch priority, that’s why our payment gateway is PCI DSS compliant. Here are the features of our payment gateway in a nutshell: Address verification; Risk scoring; Fraud management; Geolocation estimation; Data encryption. In addition, we use a cutting-edge security system that uses a set of parameters to evaluate the transaction data. It may rely on the following aspects: Card level restrictions. Setting a limit on the number of attempts to pay with a single card per day, you identify possible fraudulent activities before they announce themselves. Email level restrictions. The...

Without knowing some detailed specifics regarding your European startup, the best solution for you could be either very complex or very simple. Typically, the choice of a payment gateway is based on a wide variety of criteria (transaction pricing, ease of integration, availability of specific features, etc.). Depending on the features and functionality you require of a payment gateway, your choice may vary. As a startup, no matter where you are located, you face additional challenges in simply finding a payment processor willing to partner with you. Because of the historically high statistics rates of startup failure, and the low numbers of transactions processed, startups are not particularly appealing and don’t generate enough profit for many payment gateway providers. You mention that you need to receive payments in Belgium, but does that mean you’ll only accept Euros? Or will you accept other currencies? This is a big decision you’ll need to make as it will help in determinin...

To start accepting payments on your website, you need a merchant account and a payment gateway. The first one is a special bank account where the funds captured from card sales are held before transferring to a regular bank account. To set one up, you need to sign a legal agreement between you and the issuing bank. Also, prepare for the underwriting and approval process. The payment gateway allows you to connect your website to the payment processor. It takes all the credit card details that customers type in on your website and transfers it to the processor to get the funds released to the merchant account. The gateway authorizes cards and electronic payments by encrypting the sensitive data. Note that it will take 2-4 weeks before you acquire an internet merchant account, so plan to have everything completed before the launch of your online business. It’s also better to find a payment gateway with a clean and flexible API. You will then spend less time on coding and adjust...

If you are a startup merchant (you are applying for a merchant account for the first time), then you might be considered high risk because your MCC code (industry type) is associated with high risk (tech support, dating services, adult services, CBD etc). Beside that, some geographies are considered high-risk ones. This is one of the reasons why it is problematic for, say, Indian businesses to get merchant accounts in the US and/or EU. Even if the industry type (MCC code) does not belong to a high-risk category, acquirers are reluctant to “take such businesses onboard” because they have almost no control over the operations of these businesses (their prospective sub-merchants) in the high-risk region. If you already have some processing history, then it matters a lot. In this case your underwriter will take a close look at your chargeback rate (and verify whether your business is on the TMF list), processing volumes, etc, before issuing a merchant account to you. To open a merch...

First let’s see what a 2D payment gateway offers to the user. A 2D payment gateway allows transfer of money directly between two bank accounts. Such payments are processed through different security protocols like username-password, OTP (one time password), etc. In a 2D transaction, a merchant requests the payment gateway for a code to make payment. In response to the request, the payment gateway generates a code that includes the amount transacted, transaction ID, name of the merchant and the duration for which the code will be valid. The merchant then shares this information with the customer who enters the code in the respective field. The merchant then confirms the same with the user following which, the user authorizes the transaction. The transaction will go through only if there is enough cash balance in the user’s bank account, e-wallet or credit card. Only after all these steps are completed does the merchant moves the cash from the customer’s account to the 2D distr...

Before we start talking about recurring billing, I'll introduce you to a term that will probably be more known to you - 'subscription'. To be more precise, the recurring billing definition is an ongoing payment on a periodic basis for a product or service. A subscriber will provide their credit card information to pay for the goods or services on a periodic basis. The vendor will then withdraw the payment on a regular schedule until such time as the subscriber's subscription expires and/or is cancelled. Recurring billing provides a benefit to subscribers who don't have to worry about another monthly bill to stay on top of - or risk missing out on delivery of a product or service. Instead, with recurring billing, the subscriber is guaranteed to have continuous service. Recurring billing also offers great benefits to vendors. It makes your revenue more predictable, since you already know what payments will be made, and it takes away many of the administrat...

With a massive increase in the usage of credit/debit cards for banking transactions, for more secure transactions, even the transactions have emerged from being 2D to 3D. Naturally, the 3D transactions have added features that make a given transaction more secure than its counterpart transaction, which is a 2D Transaction. The basic difference that lies in the operations of 2D & 3D Transactions is the extra feature in 3D transactions, which has a password linked with the final step of transaction, without entering which, a transaction would not be completed, if the correct password isn’t added by the user. This user may be a customer, or a merchant availing the payment gateway services. This exclusive password in 3D transactions is verified by Visa. It adds an additional security layer for online credit & debit card transactions. Where 2D transactions also had specific security measures to keep a thorough check on the transaction process, but they were intervened by ha...

In order to accept International Payments, most of the payment gateways in India has such facilities. You will have to contact the payment gateways like Acardpay etc to get the deal. Acardpay is your best choose Payment gateway is the interface connected between bank financial network system and Internet network. It processes the merchant payment information and customer payment command by the assigned third party gateway. Payment gateway ensures the transaction is securely seamless transmitted between internet customer and ecommerce merchant. In day to day ecommerce transaction on the internet, the customer need to fill out the fussy checkout information on the page of online shopping mall before they complete a online payment. While, the customer can fulfill an online payment through simple steps under the payment gateway system. Payment gateway make a payment procedure faster and easier. Customer’s payment for goods can transfer to merchant’s account in real time. It has...

When someone misuses your card, you call your company and they remove the charges. Sometimes the company will call you before you even notice the misuse, on the same day as the charge occurs. Company: "Are you making charges in Orlando, Florida today?" You: "um, nope!" or You: "Funny story. Yes, we are on vacation at Disney World." The credit card company( Acardpay ) then takes action.  If it's a true charge during your vacation at Disney World, they wish you a happy trip and tell their credit system to allow continued charges in Orlando. If it's a fraudulent charge, they remove the charge and investigate the credit card fraud occurring in Orlando. You might need to fill out a form, but you aren't charged for the purchases made in Orlando. Credit cards have millions of dollars in fraud each year, but those charges aren't passed on to the lawful consumer the same way that a mugging leads to a loss of cash. The credit card compan...