Free Accounts or Merchant Accounts?
Anyone who does business online (and actually takes money from other people) must, at some point, bite the bullet and choose a credit card processing company this can be quite an expensive decision.
There are effectively two different ways of going about this; you can either go for the free accounts or the specific merchant accounts.
But what is there to distinguish the two? After all they both allow you to accept a payment from a credit card holder right?
Well yes, they both allow you to accept payments from people with credit cards but there are some underlying and fundamental differences that you should be aware of.
Lets have a look at merchants accounts (ICann, WorldPay or 2Checkout just as examples), when you register with one of these guys you will have to provide information relating to your business and prove that you are actually a registered business.
You will also have to pay a setup fee, from personal experience I know that this can be in the order of several hundred dollars, you will also pay a yearly subscription or support fee again this is typically a couple of hundred...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
