Monday, May 29, 2006

An Introduction To Accepting Credit Cards On The Internet Part-4

The most direct route to gain a merchant account is through your local bank. Many banks will automatically send you details of their own particular service when you open a business account.

The problem with many banks is that as large, powerful institutions many are loathe to accept small businesses and startups.

For example, 12 months or more of audited accounts may be required, business plans or evidence of considerable investment capital.

INVEST, INVESTMENTS, LOANS AND MORE

An Introduction To Accepting Credit Cards On The Internet Part-3

They are:

*Gain your own merchant account from your bank
*Use a broker or intermediary to gain your own merchant account
*Use a third party service

Let's look at these three options in more detail.

INVEST, INVESTMENTS, LOANS AND MORE