GFS provides internet merchant accounts for online checks and credit card processing in the USA and offshore. We do not charge set-up fees for an internet merchant account in the United States. Some offshore banks and processors have small set-up fees.
An internet merchant account allows a merchant to accept payment for their services or product sold over the internet . Once you have decided to accept credit cards over the internet, you must obtain a payment gateway /virtual terminal and a processor or bank to process your credit card or check transactions.
GFS can provide you with both your payment gateway and processor or bank. Contact us today and begin online credit card processing.
Payment Gateway
A payment gateway is a secure internet bridge between a merchant's website and the credit card processing networks. With a payment gateway, a merchant can perform online credit card processing or other alternative payment processing methods (ie., electronic checks, etc.). There are two ways a website owner can perform online credit card processing or other payment processing:
Virtual Terminal
The Virtual Terminal allows a business owner to manually authorize and process credit card and check transactions from any computer with an Internet connection. The Virtual Terminal replaces an authorization terminal and enables a business owner to process a transaction without the credit card or check present. The business owner only needs the necessary information from the credit card or check and consumer to input into a computer which is connected to the Internet.
Weblink
WebLink allows Internet-based businesses to authorize and process credit card transactions without the business owner entering customer and credit card information. When customers are online and are ready to purchase products or services from the web site, the customer inputs the credit card information and WebLink either captures the necessary information (name, credit card number, etc.) from the site's own secure transaction page or displays a standard WebLink transaction page. When the authorization process is complete, the customer receives an approval or decline response within seconds. The business owner is also notified of a approval or decline of the transaction. Transactions are automatically settled each day and funded within 2-3 days to the business owner's bank account. Sign-up for your internet merchant account and accept credit cards today!