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Credit Card Processing

Studies show that credit card customers spend 2 1/2 times more than customers who only carry cash. Accepting credit cards can increase sales by as much as 40%.

Sponsored by PaynetSystems,Inc
www.paynetsystems.com
A Credit Card processing and Merchant Services provider
Paynet Systems is a registered Merchant Service Provider of Wells Fargo, NA

Friday, September 30, 2005

Merchant Services

In todays competitive business environment, you canot afford to lose sales over a technicality - like not accepting credit cards. Merchant services offer to have merchant accounts. Merchant accounts are provided through an acquiring bank (or acquirer) that lets to accept credit cards. In general, advantages tend to revolve around having direct control of the payment processing system

Advantages:
1. Customer convenience -
Online merchant accounts save site visitors the extra step of writing and sending a check or calling in an order.
2. Increased functionality - Internet processors also enable Web sites to be direct sales generators rather than simply lead generators or online brochures.
3. Additional direct sales channel - Credit card processors help you add Internet sales as a revenue stream.
4. Immediate authorization - With automation, you know immediately if an Internet payment is valid. No waiting for checks to clear.
5. Streamline payment process - With Internet merchant accounts and other payment providers, there are fewer steps necessary to assure valid payment as compared to less automated processes.

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