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Internet Credit card processing company requires more security and agressive fraud controls than retail credit card processing as the credit card can not be verified by swiping the credit card like you do with a retail merchant account. For this reason it is extremely important to handle a company that specializes in internet transactions and Internet Merchant Accounts.

An Internet Merchant Account does not need a shopper's signature and it has requirements beyond a typical card-not-present or retail merchant account. If you already have a merchant account, you need to verify that the merchant account supports credit card payments over the internet.

A Merchant account company sets up merchant accounts which is really a kind of bank account that enables businesses to accept payments by debit or credit cards. A merchant account also serves being an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.

How much does it cost?

Application fees range between $00 to $150 and monthly fees vary widely from $20 - $65. Ensure you see the contract and look for any monthly minimums and extra service fees.