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Friday, February 17, 2006

Some basics to use master card

From:-csicard.com
Today Master cards are widely used by most of the individuals and its impossible to ignore having a master card merchant account. The Master card merchant account enables customers to use their master cards while making a payment.
There are 2 manners in which these can be used
1) Where the card is available physically and2) Where the card is not physically available
In the first scenario, one can use a swipe card machine where the card is swiped and the shopkeeper gets a confirmation from the merchant account about the availability of balance in the customers account and payment is accepted
In the second scenario where the card is not physically available which happens mainly in E commerce trade or online business, the customer has to provide the credit card number which helps to verify the same as above and accordingly the payment is accepted or rejected. Here the Master card merchant account will connect with the payment gateway and reconfirm the availability of balance in the master card. However the entire procedure is possible only if master cards are accepted and the merchant account service provider has provided the option of a master card.

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