Credit Card Merchant Account

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Credit Card Merchant Account

• Webpays.com

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What is a Credit Card Merchant account?

• A credit card merchant account is a contract
  between a merchant and an acquiring bank. This
  contract permits the merchant to process and
  receive credit card payments. By inscribing this
  contract, a merchant consents to endure the
  operational restrictions set by Visa, MasterCard,
  Discover, or any other credit card network.
• Obtaining a credit card merchant account is a
  method for a merchant to expand his business by
  carrying out to a large number of customers.
  Generally, who wants to pay for his goods and
  services with a credit card, not paper cash.
• Now the only query left is how to get this
  account and from where.

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How to acquire a credit card merchant account?

• First and best, there are multiple specialties
  one has to find into account before taking a
  final decision about a credit card merchant
  account provider.
• However, the best prices and the most appealing
  situations completely rely on the sort of your
  business, its size, revenues, transaction
  history, and further details. So we would like to
  suggest the most essential things you simply
  cannot afford to neglect.
• 1. Prefer credit card brands to execute your
  business with.
• 2. Evaluate the payment model.
• 3. Observe your turnover.

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The procedure of credit card merchant account

1. A customer chooses to make a buy on your website
   and provides his payment details.
2. A payment system incorporated into your website
   transmits the payment proposal to the merchants
   acquiring bank.
3. The acquiring bank forwards the payment proposal
   to the clients issuing bank.
4. The issuing bank functions and confirms the
   proposal and instantly forwards the response
   back.
5. In case the issuing bank shows green light to the
   transaction, both the merchant and the customer
   accept a notice about a successful transaction.
   And money will be moved to a credit card merchant
   account.
6. If the issuing bank doesnt authorize the
   transaction. The players will accept a notice
   about a failed proposal.

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WebPays Best Payment Service Providers

• If you want to process your online credit card
  payments efficiently. Then WebPays can provide
  you with the best payment solutions as per your
  business requirements. Contact us and get 247
  available assistance for your online business.