An Introduction To Accepting Credit Cards On The Internet Part-5

Add to this the fact that many banks are still developing their e-commerce services. You see, banks offer different types of merchant accounts depending on the situation.

For example, those accounts for retail are usually considerably easier to gain than an Internet account. This is primarily because the retail "swipe card machine" (or PDQ) involves physically swiping the card then checking the signature.

On the Internet of course, the number is just typed in and you can't check the signature so there's a far greater risk of fraud.

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