Online Credit Card Processing: An Overview
A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder’s promise to pay for them. Credit card processing online is performed by credit card processing companies, and is the activity that allows the system to work.
Credit card payment processing can be a bit of a complicated process. To accept credit cards online, credit card processing companies need a merchant account and a payment gateway. Merchant accounts enable the acceptance of credit and debit cards. The gateway is the software connecting to credit card processing networks. Most gateways have an API for web transactions, as well as a web-based interface for phone, mail, or fax orders. Whereas merchant accounts require an underwriting process, payment gateways do not.
YapStone: Credit Card Processing for Check Dominated Industries
YapStone is committed to delivering maximum convenience by eliminating the hassle of paper checks for our partners and their customers. We offer a comprehensive choice of payment solutions, including online credit card processing. Our payment platform and API payment solution coupled with our deep vertical expertise puts your credit card payment processing needs in the hands of experts. Ultimately, YapStone powers credit card payments so you can focus on growing your business.
YapStone is changing the game for under-served industries dominated by outmoded methods of payment, by taking the challenges out of the acceptance of credit cards. For example, when you allow YapStone to handle your credit card processing, there’s no need to start from scratch because of a current or previous situation. The YapStone Gateway enables support of existing merchant accounts.
The YapStone online payment processing service also offers a rich feature set including reporting and the ability to handle industry-specific data and payment data. Our service also harnesses the power of a PCI Level One payment processor and a gateway to create an online credit card processing solution that not only powers payments – it powers the growth of your business.