Third party and not a merchant account.
There are no such things that are legal in the US for private entities.
You cannot accept credit cards without being a merchant, and having a merchant ID.
If that werent the case, then the local druggie on the street corner could set up a way to take credit cards for his dope, and then launder the money as if it were made legitimately…
Citizen Group of companies is a young and dynamic media company, with a youthful and enthusiastic team determined to accomplish the vision of becoming a World-class Indian Publishing & Online Media.
Citizensindia.com is a leading structured local search, directory and media company that connects consumers and merchants through trusted content, local expertise and user-friendly tools. By delivering trusted content citizensindia.com empowers users to make easy decisions about where to spend their time and money.
Our business philosophy is based on four core values:
Customer Focus
Operational Excellence,
Product Leadership and
People.
We believe that the ultimate identity and success of our company will reside in the exceptional quality of our people and their extraordinary efforts. For this reason, we are committed to hiring, developing, motivating and retaining the best people in the industry.
Our mission is to be World-class Indian Publishing & Online Media benchmarking ourselves against international standards and best practices in terms of product offerings, technology, service levels, risk management and audit & compliance. The objective is to build sound customer base across distinct businesses so as to be a preferred Yellow Pages & Call Centre Services for target retail and wholesale customer segments, Professionals, Industries & Other Small & Medium enterprises so as to achieve a healthy growth in profitability, consistently & business in crores. We are committed to do this while ensuring the highest levels of ethical standards, professional integrity, corporate governance and regulatory compliance.
Our business strategy emphasizes the following :-
1. Increase our market share in India’s expanding Yellow Pages & Call Centre Services industry by following a disciplined growth strategy focusing on quality and not on quantity and delivering high quality customer service.
2. Leverage our technology platform and open scaleable systems to deliver more products to more customers and to control operating costs.
3. Develop innovative products and services that attract our targeted customers and address inefficiencies in the Indian advertising sector.
4. Focus on high earnings growth with low volatility.
COMPANY PROFILE
Citizen Group of Companies
•Citizen Infoline Ltd.
•Inception: 1994 & 1996.
PROMOTER DIRECTORS
Mr. O. P. Jain & Mr. T. S. Jain.
The Promoters of Citizen Group Mr. O. P. Jain & Mr. T. S. Jain were initially involved in Textile business and later diverted their business to Finance and Investment sector.
The Promoters have formed a company called "Citizen Securities Limited" in year 1994 for the finance and investment business and came out with a Public issue aggregating Rs. 322 Lacs in year 1995 which was oversubscribed by 108 times. Further in year 1996 they constituted another company named "Citizen Amusement & Organizers Ltd" for real estate business.
Later in year 1997 the Group has diversified its business in to "INFORMATION TECHNOLOGY" in association with A & M Communication Pvt. Ltd. and has launched Tele Information Service on Telephone no. 211 2222 in Ahmedabad city. The revolutionary concept that has changed the way people buy Products & Services.
After detail research & exploration in the field of advertising and communication, The group has launched first of it’s kind Yellow Pages with two additional features for the first time in India with the brand name of "Citizen’s Yellow Pages" having assistance of Call Centre and inbuilt Telephone Diary in year 2001.
These two new !! features in the field of Yellow Pages added by Citizen group has made the Yellow Pages more frequently used and covered lots of negative points and limitation the print media. It’s the one and only Yellow Pages in India with online help. The Yellow Pages is having backup of Call Centre which helps it’s users to find any Products or Services from The Yellow Pages and the inbuilt Telephone diary in the Yellow Pages make the Yellow Pages frequently used, that is how the advertisers of Yellow Pages gets more business compare to other Yellow Pages.
Subsequent to this features company started first of its kind Yellow Pages website with the help of which user started getting information of products and services online. Addition to this was the customers display advertisement available online which helped them to generate more business.
The company has started its first branch from Ahmedabad city and after getting great success of the unique Yellow Pages and iNFOLINE Services in Ahmedabad, The company has started branches in others cities i.e. Mumbai, Chennai , Pune, Vadodara, Surat & Rajkot .
FUTURE EXPANSION PLANS:
The company is highly optimistic about its future expansion of business and planning to start branches of Yellow Pages and iNFOLINE Services in all Metro and other big cities of
find an online translator, because no one will be willing to translate that for you word for word.
credit card company
No. There is no company just called "Merchant Services". It is not possible to register that name for a business as it is the name of the industry. It’s just like a company cannot call itself "Laundromat" or "Restaurant".
I think its 1% to 5% that a credit card company makes from the merchant when I use my credit card.
True or False?
Higher or Lower?
Will the new laws that are trying to get passed lower this?
I know credit card companies make billions in profits from merchants like walmart in credit card processing fees.
The people that really make the credit cards happy are the ones that charge everything under the sun on the card – charging up possible 1,000 a month easily and pay in full
By reducing the merchant fees, will credit cards not like those customers anymore since it will be less profit from them.?
I can ask tough questions and always get amazing answers. Thank you so far.
you are somewhat incorrect.
merchant fees are negotiable. they usually involve a fixed amount per transaction plus a percentage. high volume merchants, like walmart, can negotiate lower fees. fees also tend to be lower for debit cards used in debit mode(enter your pin instead of sign).
credit card companies(mostly banks) absolutely hate people who pay off their balances in full every month, like me. as they get no chance for any additional interest earnings when i fail to carry a balance.
I need a merchant account to process credit cards online, can I open one online?
It’s easy to open a merchant account online. There are many merchant account providers that will let you process credit cards online. PayPal is a popular choice.
But if you need more features that require a true merchant account, I’ve found this one below to be quite helpful in getting setup .. http://www.ElectronicTransferService.com .. it’s pretty fast to get setup and their fees are very reasonable.
You also get a free merchant account when you setup your payment gateway through them.
Hope that helps!
All of my credit cards clearly state, "not valid unless signed", so I sign them and indicate that I also show ID with every transaction.
As a college business office, can I refuse to accept a credit card that isn’t signed by the customer and is therefore invalid? Can any merchant refuse to accept an unsigned credit card for payment?
signature block, and I very rarely even get asked to see my ID. The only place that has refused to take my credit card that was was some anal old biddy at the post office, even though all the other clecrks are fine with checking my signature against a government issues ID card. It seems to me that if the credit card comes back "approved" and you check the signature of the customer against a government ID you should be covered.
i am having someone develop a site for my new company and i want to have an ecommerce section. i use quikbooks now and love it and would like to use Intuit’s merchant services for my customer’s shopping cart functions. is this possible in wordpress? if so, any walk-throughs or instructions online?
This will not be a free Wordpress at Wordpress.com – you can’t advertise there.
For any shopping cart service, you will have to buy a domain name, have it hosted at a hosting company compatible to your shopping cart. You can also have wordpress installed on the domain – but you don’t really need to.
Looking at the intuit.com site, they say hosting packages with large companies such as homestead, godaddy, ultracart are all compatible with their payment method. So what you do is get a hosting package with either the Fantastico (Cpanel product) or other MySQL database – install Wordpress on the database – hook it up to the shopping cart (make sure you get a SSL), then connect it to your merchant services. Sounds complicated, but not really.
When we make a purchase online, can the merchant (payee) actually see our credit card details such as number, name and CVV(2)? I’m fell insecure if the merchant can see it.
This depends on how the merchant processes the transaction. Typically the merchant account will have a payment processing service linked to their merchant account, when you make a purchase online, you will be directed (often transparently) to the "gateway" where the card details are taken and the payment is processed – the merchant doesn’t ever get to see the details of your card. It is possible, tho not common, that the merchant can take your card details for later processing – if this is the case then its likely that the merchant will be storing your card details and then processing them through their offline channels such as virtual terminal or phone verification – this is perfectly legitimate but like I say, this is very uncommon particuarly in eCommerce where transactions are normally processed their and then, electronically through a secure merchant gateway.
Make sure that whenever you are paying online that you are in a secure environment – that means that the website address will begin https:// instead of http:// meaning that anything you type/submit is encrypted.
http://www.paymentsense.co.uk
I have a small business and my clients dont like PayPal. Can anyone suggest a good merchant that I can use that is reputable and easy to work with (phone, online, swipe), thank you.
Costco merchant Services
This is my kids tuition collection service, so it’s not the neighborhood pizza parlor where you shrug you shoulders and pay.
It comes out to A LOT of money on an ongoing basis.
So my question is whether VISA allows this under some merchant agreements, or is it worth threatening them with a complaint?
According to VISA’s website, merchants "may not
impose any surcharge on a Visa transaction. You may, however, offer a discount
for cash transactions, provided that the offer is clearly disclosed to customers
and the cash price is presented as a discount from the standard price charged for
all other forms of payment."
Convenience fees are allowed:
"For merchants who offer an alternate payment channel for customers to pay for
goods or services, a convenience fee may be added to the transaction amount.
If the merchant chooses to assess a convenience fee to its customers, the merchant
must adhere to the following rules:
• The fee is being charged for a bona fide convenience of using an alternative
payment channel outside of the merchant’s normal business practice (see
example below).
• The fee:
– must be disclosed to the customer as a charge for the convenience of
using the alternate method to pay
– is applied only to non face-to-face transactions
– must be a flat or fixed amount, regardless of the amount of the
payment due
– is applied to all forms of payment products accepted in the
alternative payment channel
– is included as part of the total transaction amount
– cannot be added to a recurring transaction
– is assessed by the merchant that provides the goods or services to the
cardholder and not a third party
• The customer must be given the opportunity to cancel prior to the completion
of the transaction"