bookmark_borderAbout Payment Gateway and Credit Card Processing

While the whole process of swiping the card takes not more than a few seconds, there are quite a few factors which affect the money transfer process. So choosing a proper processor is a must to make the complete process secure and fast. It should also be hassle free without any hidden charges or any other fees. Payment processing speed and security could be a deal breaker with the customer if it is not up to the mark. Accepting credit card is not enough, you should also look for a merchant account services. A few payment processing companies have a high merchant account rate but provide mediocre merchant services.

A proper Credit Card processor provides support to every aspect of your business starting from merchant account processing by providing you with merchant processing account. The processing of credit cards and debit cards with a fast response from both the front-end and backend is the key to a proper business merchant processing. The charges may vary according to the payment gateway, but you can find yourself relieved of the hassles you otherwise had to take. They take care of the details of cards along many devices like mobile device, POS, etc., and verify the data according the card holders name. The transfer request is sent almost immediately for crediting the same amount to the merchant’s account.

These companies are already developing their commitment towards the security of transfers. Even the small businesses are relying more on the cashless transaction, thus the small business merchant support is also being provided by many such processors. They accept credit card payments and process them taking utmost care to provide security and speed.

To assure the merchant of the security and speed of the processing, the companies are engaging their efforts in making the payment gateway more encrypted. Thus any chances of forgery or hacking are obliterated. With the latest 128-bit SSL algorithm, only the merchant and customer have the right to know the required part of the transaction, I. e. PIN number or identification number on the part of customer and another PIN number for the merchant. This classified information provide the base of the secure mode of payment.

bookmark_borderOnline Bill Payment

What is the best reason to choose online bill payments? First of all, you can save time and money when paying late fees and postage. It is also actually safer than paying through mail. Personal information is at risk of falling into the wrong hands when it is printed on paper and goes through the whole postal system. Besides, you can manage your finances more easily when paying bills using your credit card. Furthermore, you can even save cash rewards and airline travel miles whenever you use it.

When you pay your bills online, you will save on the use of paper, doing your share in preserving Mother Earth.

Perhaps the greatest advantage of using online bill payments is getting rid of all the paper sent to your billing address. There will be less mail and envelopes to open and discard. Now, you can receive all your billing statements and reminders in your email inbox. Your service providers and banks will ask if you would like them to email your bills and reminders. They will gladly send your bill through electronic mail. This means less trash in your home and less paper in the landfills. With fewer paper bills, less fuel and energy will be spent on processing, printing, mailing and transporting. When it comes to environmental benefits, online bill payment is a sure winner because of the practical solutions it presents.

Another reason to go for online bill payment is to save money. Since you will no longer mail your checks, you will not spend on stamps. On the other hand, companies also save a lot on online transactions since less money will be spent on processing, printing, mailing, then transporting. This system works more to their advantage and they get more savings, which they would gladly share to their clients, in terms of lower fees.

Paying your bills online allows you to manage your finances and counter in one take. Online bill payment may be a daunting task to some individuals who are not organized or fond of high-tech gadgets. They would rather pay in check or get their paper bills inside the mailbox. However, there is nothing simpler than paying bills on the Internet. Certainly, it may take some time to set up, but afterwards, they are done. Once they get the hang of it, they will no longer go back to the old habit and get worried about late fees or losing their mail in their large pile of trash.