Acquiring banks, merchant account and payment gateway? What does all this mean?
Did you read the fine print in your merchant account agreement? The part where it says that you have to be compliant with all the rules and regulations and – more importantly – that if you’re not, you are subject to (repeated) fines and might lose your privileges if you’re found to be in violation of any of the aboveRead more →
All Merchant Providers require your website to be active, or at least (if it is not publicly accessible yet) a link to the working demo site to even consider processing your Merchant Account ApplicationRead more →
A Payment Gateway is a service that processes electronic transactions; Most importantly it handles the communication between a customer’s credit card company or issuing bank and the merchant’s bank toRead more →
To get a Merchant Account, you must have and/or be able to provide at least the following: *Depending on regional legislation and requirements, you might need more than one businessRead more →