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Online Merchant Accounts

Most banks provide online merchant accounts for businesses that offer products and services via the internet. This type of account receives payments for goods or services sold online through their authorized payment gateway.

70 Questions

What are the cons of accepting credit cards?

One con of accepting and using a credit card can be a possible decline in one's credit score if one has too much credit on the card or if one makes late payments. Another con can be that one may get deep into debt or stuck with a high interest rate that one finds difficult to pay off.

If a seller on eBay uses PayPal for a transaction do you have to print out a PayPal receipt page showing their details and yours?

All buyers receive a confirmation email from PayPal detailing the amount sent to the seller, plus the date purchased, item number, and title of the auction. Sellers can send an invoice showing the same information if payment is not received promptly.

Another answer

It's always a good practice to print out all transactions, one for your records and one to place in the buyers box. No, it's not required that you print out transactions but it sure helps keep your records straight.

What is function vs process?

Function = Individual building block

Process = Blueprint that either shows how the individual blocks work together OR Series of activities that use individual blocks

Function Definitions:

1. the purpose or role for which an object or a person is particularly used or suited.

2. a factor or quality that is dependent upon one or more other factors or qualities.

Process Definitions:

1. a systematic sequence of actions used to produce something or achieve an end. example: the assembly-line process.

2. a continuous series of changes, functions, or operations. example: the process of growing up.

3. movement onward or forward; progression.

What are the differences between traditional budgeting system and zero based budgeting system?

The Traditional Budgeting refers to a list of all planned expenses and revenues. It focuses on what the managers tend to spend rather on what resources they need. It fails to identify wastes, incoming workloads and cost drivers; it does not support continuous improvement and appears to have general lack of ownership and buy - in. Critics also found out that it is very time consuming for the benefits to be achieve. Therefore, traditional budgeting practices doesn't appear to be connected to the over all organizational strategy. Another major flaw of it is that it assumes that the current year's expenditure level is justifiable although it may not be true because it may be high or low. While in Zero Based Budgeting it is always assumes that the expenditures is always based on zero. It aims to achieve an optimal allocation of resources that incremental and other budgeting systems cannot achieve. Zero Based Budgeting provides an efficient allocation of resources, as it based on the needs and benefits. It also identifies and eliminates wastage and obsolete operations, increases staff motivation as well as the communication and coordination within the organization, detects inflated subjects and drives managers to find out cost effective ways to improve operations. But despite of all the benefits of it, there are also criticisms and drawback against it such as it may lead to micro management, it involves a huge amount of money and it may lead to a material shift in the use of resources.

What numbers is a multiple of 6?

6 12 18 24 30 36 42 48 54 60 Use calculator if your stuck, write them down and practise every night for 5 or 10 minutes.

What is net turnover?

Net turnover is turnover reduced by taxes linked to it, like VAT.

In other words, it is what you get for the products you sell and services you provide, minus VAT that had to be paid for them.

How do you cheat Turnitin?

Several online services allow you to protect your own works and bypass, cheat, fool, trick Turnitin so you can always get 0% in its similarity report—sometime referred to as originality index or score—regardless of the sources that you used to write your essay or your math assignment. For example, check out this method, which is accurate, infallible and guaranteed. It also allows you to determine word count right away and increase the total number of words afterwards. You won't have to watch any video tutorials: just submit your paper and get 0%.

How can you find information on accepting credit cards online?

There are many different sites online that have information available to those looking to accept credit cards online. Some of these sites include Big Commerce, Shop Site, and PayPal.

Can you pay rent a center online?

Hi! I work at Rent-A-Center, and yes, you can definitely make payments online! You'll just need to get set up with our online ePay service.

What charities does Nike donate to?

Nike donates shoes every year to those less fortunate than others, that's all i know. Hope this helps!

Can you overspend on PayPal?

Yes, but it's not easy. If you do a transaction for say $1 and then for some reason that same transaction grows to say $50 but you balance is at $0 and your checking account is empty. Then you have a problem. And you will have a negative paypal balance. Mind you, you almost have to do it intentionally, and the only cause that I can see it happening is tips at restraints or at gas stations.

As an operations manager how do you reduce talk time in a call center?

There are a number of ways to reduce talk time in a call center, some of which are represented below:

* Use scripts that the customer service representative must follow

* Use automated response unit (or integrated voice response technology) to automate basic requests (e.g., providing balance, addresses, etc.)

* Incent CSRs to keep their calls short while solving a problem on the first try (e.g., any call handled according to quality standards in less than X seconds gets the CSR a bonus)

* Route calls based on complexity (more complex problem, route to more experienced CSR for faster resolution)

Is it legal to charge employees credit card processing fees?

Can a business deduct credit card fees from Tips?

Yes. As long as this deduction is either A) uniform one rate for all employees or B) based on the actual rate charged for each transaction.


In high average check restaurants, this is a fairly common occurrence.

What is the difference between an Accounts officer and an accountant?

There in no difference between an accounts officer and an accountant other than the job level. They both provide account management services.

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.