Speed And Credit Card Processing

If you've just started your online business or have been in business for some time one day you might realize you suddenly need to process and accept credit cards quickly, even if you haven't in the past. It could be that a new customer has contacted you and wants to place an extremely large order. You may suddenly realize you are losing thousands of dollars in revenues by not processing credit cards. Regardless of the reason, you need to set up a credit card processing payment system fast.

What do you do? The best step you can take is to be informed. If you plan to open a merchant account in your name you may be surprised to find out you'll need time and lots of documentation in order to set up an account successfully. You can hire an intermediary but you will probably still have to deal with a bunch of paperwork and hassles that may prevent you from getting where you need to go quickly.

Fortunately you have another option, third party processors. You can set up credit card processing through many third party processors in 24 hours or less. Try 2Checkout or Paypal for example. Paypal will require that you verify certain information that could take 24 hours, but for the most part you should be able to process credit card payments relatively quickly. You can always switch to a merchant account under your name after you manage the crisis at hand!

Article by Frank Owen, visit his web site on credit card processing for more information on credit card processing http://www.creditcardprocessinginsider.com