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What is Internet-ready Merchant Account?

May 13th, 2008 08:16
i can do it, Maneet Puri,


If you are running an ecommerce site and want to accept money through
credit card payment, then you need a specialized account called
internet-ready merchant account. It enables you handle real-time online
transactions without human intervention. Theses special accounts offer
additional checks that substantially reduce the chances of credit card
fraud cases during online transactions. After the transactions are
processed, the merchant account shall transfer the amount received from
the credit card from your merchant account to your bank account.
There are quite a few companies that offer Internet-ready Merchant
Account services. However, they must support payment methods such as
CyberSource, Authorize.Net, LinkPoint/Cardservice, VeriSign (PaymentNet).
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