Credit card processing – merchant accounts – where do I start?
Entities Involved in the Payment Process: • Merchant: Entity selling goods or services. • Merchant Account: Allows a merchant to accept credit card payments. • Merchant Service Provider: Provides a merchant account (bank, NBCC, Blue Pay, etc.) • Processing Gateway: Entry to the payment processing network and returns payment status to the merchant. For example, through Authorize.Net, Pageville works with Paymentech, Nova, Vital and GPS. • Payment Processor: Submits credit card information through the credit card interchange system to the customer’s bank, transaction results are returned to gateway. Pageville’s Credit Card Processing information Already have a merchant account? How do you currently submit credit cart information? The two most common methods are: • Merchant already has a merchant account for non-web processing. Pageville’s shopping cart collects credit card information, and the merchant can retrieve that information through a secure link. If volume is low, the most cost-e
