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Credit Card Processing Options to accept credit card payments


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Credit Card Processing is becoming a necessity for more and more merchants in our increasingly fast-paced business world. Many businesses report a sharp increase in profit when they begin accepting credit cards as a means of payment. Credit cards allow customers who do not have money on hand to make purchases from you despite their shortage of cash. For example:

• Studies show that accepting credit cards increases sales by 15% to 50%. • There are over 641 million credit cards in circulation. • Credit card customers are impulse buyers – BE READY! • Over 90% of web purchases are made with credit cards

There are various modes and solutions available to accept card payments :

Credit Card Terminals

In a traditional retail environment, Point of Sale Terminals are the preferred way of processing credit cards and debit cards. The terminals are used in face-to-face" transactions. The merchant will swipe the customer’s card through the terminal or key-in payment information and the terminal does the rest.

Virtual Payment Terminals

Virtual Terminals enables you to accept card payments for orders received by mail or phone (MOTO) from anywhere with Internet access.

Benefits•Quick & simple set up•Accepts payments by mail or telephone order•No integration required•Use with unlimited merchant numbers•Charge customers in their local currency•No need to change solution when you switch bank or acquirerE-Commerce Solutions

Online payment processing solutions to enable merchants to accept card payments online with full support for ‘cardholder not present’ security measures. Before buying this solution one should consider following points:

•How much is the initial setup fee? •How many transactions are allowed per month ? •What are the monthly charges.

Hosted Payment Interface

These are web hosted payment processing interfaces that can be easily and seamlessly integrated with your own front-end system.


•Can fully integrate into any system•Use with unlimited merchant numbers•Charge customers in their local currency•No need to change solution when you change bank or acquirer•Process simultaneous transactions

The other feature can be processing transactions in multiple currencies.

Chip and PIN

Chip and PIN and our solutions are fully enabled to support EMV processing using a wide range of wired and wireless PIN Entry Devices. Before buying any card processing solutions Ensure the solution provider at least offers AVS protection. The Address Verification System (AVS) AVS decreases the incidence of accepting fraudulent transactions by verifying the cardholder's billing address with the card issuer. Using AVS on your transactions may also benefit you by a reduction in fees charged by your Merchant Bank.

You're probably better off utilising the services of companies such as Servebase who specialize in online card processing solutions and can tailor their services to suit your needs. A highly experienced member of our Bespoke Solutions project management team will be assigned to plan, organise and control the project phases from requirements analysis to deployment and sign-off. Servebase Global Card Solutions aims to provide reliable, flexible and competitively priced credit card payments processing solutions for clients from a wide range of business sectors worldwide. With over 20 year’s experience, they are always developing innovative payment solutions and professional services which respond to the marketplace and anticipate the future needs of their clients. Building on the strength of our success in the UK over many years, Servebase continues to extend its reach globally and serves the payment processing needs of clients in the EMEA, Asia Pacific and North America regions.

editor, writer. Interest include writing on online card processing, card processing , credit card processing , online payments processing


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