Card Present vs Card Not Present Transactions

The security of a credit or debit card transaction depends on the type of payment. Card present transactions are more secure than card not present transactions. In a card present transaction, the card is physically present and the cardholder verifies the amount to be charged.  The merchant swipes the card...

What Is a Third-Party Payment Processor?

Payment processors are the companies who allow online merchants to accept credit card transactions. They accept your monthly fees, charge you a per-transaction fee, and pay you the proceeds on your sales. If you're starting an ecommerce business or accepting payments on your site for services or subscriptions, then you...