Just how do you go about accepting credit cards in your business?
For most people their first thought is to head along to their bank and sign up for a credit card terminal.
The snag is that if you’re a new business chances are that they’ll simply say “no” unless you are in an area where there’s simply no option not to accept cards (eg restaurants, hotels) but the majority of business don’t fall under those headings. However, in some ways that “no” is lucky as banks usually have higher credit card acceptance charges.
What you should really do is to checkout places like authorize.net which are much more geared up to online businesses and can generally provide you with the ability to accept cards quite early in the life of your business and at lower cost than a direct approach to your bank is likely to come up with.
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Copyright © 2008 by Arnold Stewart. All rights reserved.