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A merchant gateway is a way that a business can accept credit card payments for its products via an online site. A business needs this because the vast majority of online transactions are made using credit cards.

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Q: Why would a business need a merchant gateway?
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How do you accept credit card payments?

In order to accept credit card payments from your business, you would need to open a merchant account with a credit card acceptance company. The merchant account will provide you with a solution for taking credit card payments as well as settling those transactions so that the money that you are owed can be taken from the customer and deposited into your business account. For more information on taking cards as a form of payment see these resources:


How hard it is to get a business loan Do you need a formal business plan and all that?

Merchant Advisors has a wealth of information for the successful funding, running, managing and growing small businesses. You will get all the help you need to finance your small business; besides, knowledge and planning are needed to manage the operations well. Make sure the right amount of loan you need and how to invest it in your business so it can give the equal benefits in return.


Can we open a merchant account with hsbcuk without our physical presence we are a Taiwan based company wish to sell tea to UK customers through our web portal's shopping cart?

You will need to become incorporated in the UK. Once you've done that you can get set up with a merchant account (with HSBC or another bank/ISO) and begin processing once the connections are complete to your gateway/shopping cart.


How can you get a business added to the yellow pages?

First one would need to visit the webpage for YellowPages. Next, one would need to look for the 'create a free listing page'. Finally, one would need to type in the pertinent information about their business such as basic things like the primary business telephone number and the address of the business.


Do people that own businesses and accept credit cards need a merchant credit card?

In order to accept credit cards, a business owner needs to set up a merchant credit card account, an internet gateway, or use a third-party credit card processing service. Many banks allow the option of opening a merchant account and charge a monthly fee as well as transaction fees. Internet gateways are more expensive, and require a set up fee, monthly fees and transaction fees; however, most gateways services allow you to use a card swiper in addition to the online service. Third-party providers, such as PayPal, allow you to accept credit cards without a merchant account, but they usually charge more and take longer to process transactions.

Related questions

How can you get a merchant account from American Express?

A merchant account allows a business to take credit cards as payment. To get a merchant account from American Express, you would need to fill out the online application. If your application is approved, you will be given a rate or payment plan.


Accepting Visa Credit Card Payments?

Whether in person, over the telephone or through a secure online payment gateway, business owners will need a merchant account for the processing of visa credit card orders. In particular, orders placed via the Internet need to leave the customer with a feeling that the transaction is legal, encrypted and can be verified and tracked. Setting up an account with a merchant account provider helps insure this.Linking The Website When a domain is taken and a website is designed, business owners and entrepreneurs need to make sure the checkout page has been coded to link purchases to a gateway service. Most often this design code is standard if the company assisting with the website understands that it involves a checkout page. These companies often can recommend a merchant account provider and/or gateway link service that will connect the customer's Visa payment information to the clearinghouse. If a retailer orders product from a particular source, this wholesaler often has special deals in place for the opening of a merchant account that will allow Visa transactions.An Easy Setup Process Once a merchant account is agreed upon, the company acting as a distributor of funds will either set up the gateway or advise the business owner to find a provider of this link. A gateway is like a series of coded instructions that tells the merchant account company what to do. As an example, if a Visa purchase is made in the amount of $100, this information must be sent electronically to the merchant account company in order that the funds can be transferred from the buyer's account to the bank account of the retailer, minus any fees associated with the merchant service. The gateway is a code string that is linked to the checkout page on the website, much like an affiliate's code is placed on a Google advertisementVisa Merchant Account Maintenance Every month, the merchant account company will charge a fee to the retailer. This fee may be flat and constant, or may contain a small charge per transaction. Often the flat fee is the total charged each month; if the per-transaction fees exceed this total, the base charge is waived. The gateway company service charge is in addition to the amounts charged for the distribution of funds. It should be noted that the Visa merchant account is usually separate from the gateway company, the latter being set up in order for the merchant account company to receive any information at all.


When would a PC need a default gateway address?

You would only need a default gateway address if you wanted to route packets outside your local area network.


Do you need a business license for commercial cleaning in Ohio?

Yes you do need a business licenses in any city you work in. Also a EIN (Employer Identification Number) number from the IRS. Call your states "Business Gateway" for help.


How Does Merchant Cash Advance Help Benefit My Business Enterprise?

Merchant/business cash advance let you to add extra spending power. Now you can purchase that extra piece of business equipment you need, recruit more workers or get extra sources to help increase your business production.


How Does The Merchant Cash Advance Program Work?

A merchant cash advance is a quick and handy way for business owners to get the cash they need to run their business. It is not a business loan, which means no scheduled monthly payments.


How can accept a payment by credit card?

To accept credit cards you will need what is called a merchant account. A merchant account is basically a relationship between you, the bank ans a merchant services company. There are 3 types of merchant accounts, Internet, Retail and wireless. Internet merchant accounts are obviously for internet stores. Retail merchant accounts are for business with a storefront were the customer pays you in person. Wireless merchant accounts are for business such as taxicabs, tradeshows, etc who process credit cards in person but not at a store or physical location.


What is a credit card merchant service and what does it do?

A credit card merchant service refers to a company that will sell you products you need for your business, such as credit card machines, cash registers, etc. The merchant service will bill your company, just like a credit card.


How to setup a Online payment gateway?

To set up a payment gateway, you must first have a merchant account. You get this from a merchant account provider, which is basically a online bank account which is used by payment gateway to transfer the customer's payment in this account for some time.After that it is transferred to merchant's bank account. Once you have an account you must choose which payment gateway you want use. Some payment gateways provide both merchant account and payment gateway while some provide as a rhird party payemnbt gateway service. Contact them and they will tell you what credentials they need to set you up with their gateway. Send them your merchant account credentials and you should be up and billing in no time. If you're looking for an easy to use gateway and all in one, Emvantage payment gateway is best suited and trusted by everyone.They have their own gateway to go with their recurring billing software. Provide full customer support and have APIs to integrate with all shopping cart kits.


What is the meaning of the term retail merchant account?

The meaning of the term 'retail merchant account' is a bank that enables a business to accept payments from customers via credit cards. All businesses will need such an account to operate.


Your IP is 71.183.254.119 what is your gateway address?

Since this appears to be in the Verizon IP range it would be safe to assume they are your internet provider. You would need to contact them to ask what the default gateway address would be. If you are not using a static IP address the gateway IP should be provided by DHCP along with the other IP configuration information.


What is the critical perspective of The Merchant of Venice?

merchants perspective: we need more roads and canal to improve our business we want the government to raise the taxes