Take credit card payments online

By | Wednesday, May 19, 2021

Navigare

  • How To Accept Credit Card Payments Online in 2021: What Are Your Best Options?
  • Accept payments quickly, easily, and securely.
  • Merchant Account + Payment Gateway
  • See which credit card processing solution is right for your business.
  • How To Accept Credit Card Payments Online in 2021: What Are Your Best Options?

    The traditional method for accepting payments online has been a combination of a merchant account and a payment gateway. A merchant account is a special kind of business bank account that lets you accept credit card payments. Think of it as the digital version of a used in brick-and-mortar stores. Payment gateways can also offer greater control over security rules and customization; they may be a better fit for large businesses needing a more tailored solution.

    Usually this involves configuring your store with API keys, shared secrets and tokens. The benefits to using a payment gateway are that you usually have more handholding and personalized customer service along the way because the providers are large companies with big support organizations.

    These services, including PayPal Commerce Platform, combine an account and gateway into one solution, which can make setup quicker and easier. They allow you to take all major credit and debit cards and usually have an easier-to-manage pricing structure. Services like PayPal make setup quicker and easier.

    They also allow you to take all major credit cards , alternative payment methods like PayPal and PayPal Credit , and usually have favorable transaction rates. Depending on how your solution was set up, your customers may have been redirected off your site to pay for an order. This is no longer true. And this is important, because PayPal is incredibly popular with more than million active users. Solutions like PayPal Commerce Platform have removed much of the complexity out of taking payments online.

    The experience is straightforward: the customer credit card is entered, and the payment processed — simple as that.

    They tend to be very easy to use, so you may not need it. Consumers shop on their own time, in their preferred channels and compare across stores and prices. Get the study now. For those looking for a top-level view of the issue, and a speedier read, here are the most important questions to ask a potential payments processing provider before you choose to use their services.

    Some services charge different fees to process different types of card transactions —— e. But sometimes that low rate only applies to certain types of cards see question one. Even though you processed the transactions in January, come February, your processor charges you back, or bills you back, a higher rate. To compensate for the risk of fraud, processors charge different rates depending on how you process a payment. Because there is less fraud associated with cards that are physically swiped in a terminal after all, you check IDs, right?

    Another really decent thing about being with Paymentsense is the fact I can now get paid through email, over the phone and on my website. I have a link from our secure online terminal so customers can pay online - taking card payments straight on the website, which has increased sales. Ready to start selling online?

    We have everything you need to start accepting all major debit and credit cards on your website. Our readymade plugins integrate with the most popular online checkouts and offer the simplest way to start taking card payments. Want a custom-built cart? No worries. We can give your web developer everything they need to quickly set one up on your site.

    The majority of people get us to host their payment gateway. Put simply, this means your customers will be redirected to a Paymentsense page to pay though you can brand this how you like and then back to your site for their order confirmation.

    Nice one. We use cookies to optimise site functionality and give you the best possible experience. Manage Cookie preferences. You can use this tool to change your cookie settings. These allow us to recognise and count the number of visitors to our website and to see how they move around our website when they are using it.

    We use this information to improve the way our website works. These cookies are used to serve you relevant advertising on external websites, they are also used to limit the number of adverts you see as well as to help us measure the effectiveness of our advertising campaigns.

    Face-to-face payments Card machines Countertop card machines Portable card machines Mobile card machines Online payments Payments by phone Payments by email Payments online Payment gateway. Who we are Success stories Careers. Help Centre Contact us. Get a quick quote. Make your website work harder. Take card payments online. How to take card payments on your website. Simple to integrate Our online payment systems are easy to set up and our ready-made plugins are compatible with over 40 different shopping carts.

    Always open An online checkout means your business never closes — you can be making sales while you sleep. Go global Our payment gateway lets you take online payments in different currencies, so your customers can pay wherever they are in the world.

    The perfect package to suit your business Get 12 months for the price of 10 with our annual packages. Get a quick quote You save £

    Take credit card payments online

    Higher-volume businesses prefer PayPal Payments Pro. It's a more sophisticated way to accept credit card payments and provides the convenience of an internet merchant account and gateway all in one. You also get low, simple pricing and one point of contact for questions and support. Try PayPal Payments Standard , here's why:. Try PayPal Payments Pro , here's why:. Virtual Terminal is included in our PayPal Payments Pro solution, but can be used separately anytime, anywhere you have a computer and an internet connection.

    All credit card processing solutions are not created equal. Discover the best product for your specific business needs by comparing our online payment solutions. PayPal offers a variety of products and services to help you grow your business. Explore our complete list of merchant services Can't decide? Instead, collection agencies are considered high risk by normal banks and need to get special accounts.

    These accounts often have higher rates and a larger reserve. In order to get a merchant account, you must contact a merchant account service provider like Zeno Payments.

    The hard part is over! However, there are further steps that you have to take before you can actually start processing payments. Next — you need to get a payment gateway and credit card processor. These two services often come hand in hand. Here at Zeno Payments, we set up all of our merchants with both of these! We like to be your one stop shop for all your payment needs. But what is a payment gateway and a credit card processor and what is it for?

    Online Payments Providers like Stripe also offer a full stack of services such as subscription billing, fraud management, payouts and transfers, etc. A subscription management service or subscription wrapper lets you easily handle recurring payments. Services typically have a credit card vault where customers can store their credit card details for future use ; automate billing, customer sign up and billing related emails; and make sure the right people get charged the right amount every month.

    GoCardless is a secure, online payments specialist which let you accept online Direct Debit payments via our API or online dashboards. We offer two options: 1 with GoCardless you can use the GoCardless Master SUN to manage everything online without the kerfuffle of applying for an SUN with this option you can get set up and start taking payments straight away ; and 2 with GoCardless Pro we can get you your own SUN and give you complete control over the payment experience and notifications.

    If you're still not sure which is the best option for you to accept online payments, you may find our guide to recurring payments helpful. This guide compares each of the main options on costs, ease of access, international reach, timings, support etc.

    If you think GoCardless might be the right option for you, sign up now for free and start taking payments today. Find out the best way to improve customer experience with GoCardless.

    Contact sales. Skip to content Open site navigation sidebar. Why GoCardless? For use case Subscription payments Recurring payments built for subscriptions Invoice payments Collect and reconcile invoice payments automatically.

    For integrations API integrations Partner integrations. For small business Overview Improve your cashflow Keep track of payments Reduce costs Reduce failed payments Increase conversions. For enterprise Overview Reduce churn Reduce international barriers Reduce operational costs Reduce time to get paid Reduce conversion risk.

    Breadcrumb Resources Payments. Table of contents. Direct Debit You can also use Direct Debit to accept payments online.

    Accept payments quickly, easily, and securely.

    Depending on how your solution was set up, your customers may have been redirected off your site to pay for an order. This is no longer true. And this is important, because PayPal is incredibly popular with more than million active users. Solutions like PayPal Commerce Platform have removed much of the complexity out of taking payments online. The experience is straightforward: the customer credit card is entered, and the payment processed — simple as that.

    They tend to be very easy to use, so you may not need it. Consumers shop on their own time, in their preferred channels and compare across stores and prices. Get the study now. For those looking for a top-level view of the issue, and a speedier read, here are the most important questions to ask a potential payments processing provider before you choose to use their services. Some services charge different fees to process different types of card transactions —— e.

    But sometimes that low rate only applies to certain types of cards see question one. Even though you processed the transactions in January, come February, your processor charges you back, or bills you back, a higher rate.

    To compensate for the risk of fraud, processors charge different rates depending on how you process a payment. Because there is less fraud associated with cards that are physically swiped in a terminal after all, you check IDs, right? If someone calls you to buy something and gives you their number over the phone, the chance of foul play goes up a bit, as does the processing fee. Online purchases have the highest incidence of fraud, so payment processors cover their risk by charging a higher rate.

    So in addition to the standard transaction fee —— say 2. Most credit card processors keep all of the fees for return transactions, and will most likely even charge an additional fee to process the refund. That means you can lose money every time a customer returns something. Be sure you are clear on how this process works, as it should inform your return policy. Many merchants sidestep this cost by issuing store credit for a returned item, rather than a refund. Most credit card processors impose a contract term for a specific amount of time, often one or two years.

    Many times, early termination or cancellation fees are part of the agreement. This question is deceptively simple since some processors might provide you with a seemingly small upfront monthly fee. PayPal offers a variety of products and services to help you grow your business.

    Explore our complete list of merchant services Can't decide? Compare our payment solutions PayPal works with all of the most popular shopping carts. Is it OK if we also use cookies to show you personalized ads? Learn more and manage your cookies. Accept credit cards online. Compare Products Sales : Support: Start accepting:.

    Two great ways to accept credit card payments - and your customers don't need a PayPal account to pay you. See which credit card processing solution is right for your business. Looking for an easy, affordable way to accept credit cards? Try PayPal Payments Standard , here's why: No advanced programming required Works with most popular shopping carts No monthly fees and no setup or cancellation fees You only pay a small percentage of each payment you receive Built-in fraud screening at no additional charge Need a more sophisticated credit card processing solution?

    Try PayPal Payments Pro , here's why: Added functionality allows for offline credit card processing Supported by most popular shopping carts Comprehensive fraud screening and account reporting at no additional charge Want to accept credit card payments via phone or fax? Accept credit cards today. Questions: Sales: Support: There's a lot more to PayPal than just credit card processing.

    Merchant Account + Payment Gateway

    Take credit card payments online

    So how do you get one? You also don't have to get a merchant account directly through a bank. You can also get a dedicated merchant account through an independent, third-party company called an ISO Independent Service Organisation.

    These companies work with banks to provide you with merchant services, but tend to be cheaper, and offer superior customer support. A payment gateway connects your website to a payment processing network.

    However, you can also integrate your merchant account with a payment gateway from a third-party provider. This is more work, and in all likelihood means spending more money. However, if you're tech-savvy and eager enough, this approach offers more customisability, and a greater depth of features.

    Payment gateway fees can vary significantly across providers, too — so it goes without saying that you'll want to shop around. Payment gateways typically cost a monthly fee usually between £10 and £20 , plus a per transaction fee rendered as a percentage of the value of each sale you accept through the gateway.

    Many providers also include a set amount of transactions included in the monthly fee, so you'll only pay a per sale fee if you exceed that limit. An payment facilitator PayFac is a company that provides merchant services for businesses, allowing them to accept credit and debit cards online, as well as in person and over the phone.

    Well, rather than a dedicated merchant account service meaning one that processes your business' payments only , PayFacs offer an aggregated merchant account. This allows PayFacs to offer a service that's much cheaper for small businesses. PayFacs tend not to charge monthly or setup fees, while pricing typically comes as a fixed, flat rate percentage of each sale you make with a credit or debit card.

    PayFacs also help relieve some of the burden of PCI compliance. Better still, PayFacs typically offer a setup process with minimal underwriting — some, such as Square, don't even run a credit check.

    That makes them a solid option if your credit rating is less than ideal, but be warned — PayFacs have a very low tolerance for fraud. Accounts have been known to be suspended at the first sign of anything untoward, and are difficult to get back. The first step to take is to speak to your bank.

    Your bank will advise on what your business specifically will need to do before it can offer Direct Debits to customers.

    A SUN is a unique six-digit number which basically acts as a license for you to start managing your Direct Debit payments yourself. You can obtain a SUN from your bank, so when you consult them about joining the Direct Debit scheme, you should also talk to them about getting your own SUN.

    Bacstel-IP : The secure channel through which you can submit payments directly into the Bacs system. This will allow you to submit Direct Debit payment files to the Bacs system. A Direct Debit bureau is a third party which handles Direct Debit payments on your behalf.

    Though using a bureau costs more than handling the payments yourself, Direct Debit bureaus tend to be recommended to businesses who:. There are a few things to keep in mind when choosing the right online payment platform for your business.

    What to start Business ideas Service business ideas Retail business ideas Part-time business ideas Home business ideas Start-up guides Low cost business ideas. In order to get a merchant account, you must contact a merchant account service provider like Zeno Payments. The hard part is over! However, there are further steps that you have to take before you can actually start processing payments.

    Next — you need to get a payment gateway and credit card processor. These two services often come hand in hand. Here at Zeno Payments, we set up all of our merchants with both of these! We like to be your one stop shop for all your payment needs. But what is a payment gateway and a credit card processor and what is it for? These services actually allow you to process your credit card transactions. The payment gateway will provide you with a virtual terminal to run your credit and debit card transactions through.

    Payment gateways can also offer greater control over security rules and customization; they may be a better fit for large businesses needing a more tailored solution. Usually this involves configuring your store with API keys, shared secrets and tokens. The benefits to using a payment gateway are that you usually have more handholding and personalized customer service along the way because the providers are large companies with big support organizations.

    These services, including PayPal Commerce Platform, combine an account and gateway into one solution, which can make setup quicker and easier. They allow you to take all major credit and debit cards and usually have an easier-to-manage pricing structure. Services like PayPal make setup quicker and easier. They also allow you to take all major credit cards , alternative payment methods like PayPal and PayPal Credit , and usually have favorable transaction rates. Depending on how your solution was set up, your customers may have been redirected off your site to pay for an order.

    This is no longer true. And this is important, because PayPal is incredibly popular with more than million active users. Solutions like PayPal Commerce Platform have removed much of the complexity out of taking payments online. The experience is straightforward: the customer credit card is entered, and the payment processed — simple as that. They tend to be very easy to use, so you may not need it. Consumers shop on their own time, in their preferred channels and compare across stores and prices.

    Get the study now. For those looking for a top-level view of the issue, and a speedier read, here are the most important questions to ask a potential payments processing provider before you choose to use their services.

    See which credit card processing solution is right for your business.

    You can literally create a payment button in about 15 minutes with no programming skills required. Higher-volume businesses prefer PayPal Payments Pro.

    It's a more sophisticated way to accept credit card payments and provides the convenience of an internet merchant account and gateway all in one. You also get low, simple pricing and one point of contact for questions and support. Try PayPal Payments Standard , here's why:. Try PayPal Payments Pro , here's why:. Virtual Terminal is included in our PayPal Payments Pro solution, but can be used separately anytime, anywhere you have a computer and an internet connection.

    All credit card processing solutions are not created equal. Discover the best product for your specific business needs by comparing our online payment solutions. PayPal offers a variety of products and services to help you grow your business. Best wishes, Mandy, Moderator.

    You must be logged in to comment. Click a "Log in" button below to connect instantly and comment. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you.

    Subscribe to our Newsletters Fit Small Business content and reviews are editorially independent. We may make money when you click on links to our partners. Learn More. November 13, Visit Square Most Affordable Ways to Accept Payments Online Just because there is no way for your business to accept credit cards online for free does not mean you need to pay exorbitant fees.

    Some of the best ways to accept ACH payments online include: QuickBooks : Low-cost ACH processing best for individuals and small businesses charging customers via invoice. Fattmerchant : Competitively priced ACH processing with industry-leading software best for growing businesses, particularly companies charging large-sum invoices or needing recurring payment options.

    Payment Cloud : ACH processing best for high-risk businesses. Credit and Debit Card Payments Retailers and most other online businesses need to be able to accept traditional credit card payments, as shoppers are not likely to provide their banking information for a one-time transaction. Ecommerce Platforms If you are a retail business needing to accept credit cards online to sell products, the most straightforward and most economical option may be to use an ecommerce platform or online store solution with built-in payment processing.

    The most affordable online store solutions with built-in payment processing include: Square : Free online store with low-cost transaction fees, best for brick and mortar businesses wanting to accept payments online. Both Square and Shopify also have native tools to set up recurring billing or subscriptions.

    Sign up to receive more well-researched retail articles and topics in your inbox, personalized for you. This email address is invalid. Email Join The List.

    User reviews and comments are contributions from independent users not affiliated with FitSmallBusiness. As such, they do not endorse or guarantee any posted comments or reviews. That was a helpful information. Thanks for making such a useful info page.

    Log in to Reply. Submit Your Comment Cancel reply You must be logged in to comment. LOG IN. Visit Square No, thanks. Join Fit Small Business ×. You can also use Direct Debit to accept payments online. This is typically a cheaper way to take payments but is not suitable if you need instant payments e. Similarly to card payments, there are several different options for accepting online payments with Direct Debit. Which is right for you will depend on your business and the amount of payments you collect.

    Make sure you check that any provider has included online payments in their price - this can be one of the extra costs not mentioned upfront. This is basically a merchant account for Direct Debit. You can either apply for one yourself or through a Direct Debit bureau.

    If you want to accept online Direct Debit payments then start by speaking to your bank. If you want a good API, an automated service or an online payment specialist look at using GoCardless.

    Bacs Approved Software is software which Bacs have assessed to meet Bacstel-IP software and customer service standards for quality including:. Bank account data validation prior to submission of a file, using the latest version of the Industry Sorting Code Directory. Bacstel-IP software lets you access the Bacs system so you can take online Direct Debit payments yourself.

    Options: Fundtech , Bottomline and AccessPay. A bureau is great if you need the full-suite of phone, paper and online Direct Debit and want to manage everything yourself from scratch; if not take a look at Direct Debit Management Software and GoCardless.

    It allows you to generate Bacs files, upload submissions, automatically apply notifications from Bacs to a database. Options: Bottomline c-series or Bottomline Webseries. Direct Debit Management Software is good if you want to consolidate various online and offline payment types like Direct Debit, Faster Payments , card payments and cheques all under one tool but it is very expensive and involves lots of manual processes.

    If you want a simpler solution which automates as much of the process as possible you might want to look at GoCardless.

    Get started.

    What payments A Rolling Reserve? They tend to be very easy to use, take you may online need it. By card our payments you agree to credit use of take. Thanks for making such a useful info page. That online you can lose money every time a card returns something. Do you know what credit chargeback is?

    Leave a Reply

    Your email address will not be published. Required fields are marked *