NBS Agents >> Merchant Account Agent and ISO Programs » credit card merchant

Can a merchant refuse a credit card that is not signed and therefore invalid?

admin — Fri, 21 May 2010 21:16:37 +0000

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.

The Merchant Can See our Credit Card Details?

admin — Sat, 15 May 2010 19:23:04 +0000

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

What is the best credit card merchant I can use online?

admin — Wed, 12 May 2010 20:22:05 +0000

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

US Credit Card Merchant Accont?

admin — Mon, 10 May 2010 21:55:59 +0000

I need to process credit cards for customers of my small business.
I own a computer repair shop – service, sales, and support.
Most of my transactions are between $50-150.
I get between 3-15 CC transactions per month.

Here is what I would like to be able to do:
Have a phisical terminal that allows me to swipe a card in person for a low rate.
Be able to process online through the merchant website in case it is an on-site job or internet sale.
Maybe if they have an app for the iPhone that would be a bonus. Not necessary, but would like.
No setup, annual, rental, termination, cancelation, equipment, minimum, etc. fees. No BS.
I just want to pay a low monthly rate, and low transaction fee. PERIOD.

THANKS~!

It sounds like you need a simple Dialpay account since you have such a low amount of transactions. You simply make a call and enter in the card info and transaction is completed! It will cost you more, but it is so easy to setup and use. Expect to pay around 3-4% Flat or if you can find a lower rate sich as $2.50 and $.75 per transaction that works better since you have a low ticket size.

If you want to use your iphone as a credit card swipe, then it will cost you more to process as you need to purchase extra equipment. I just don’t think that is worth the investment. If you need help searching for a provider, I found this information helpful:

Try emailing me as well I can perhaps find you something better.

Chris

Which merchant account is good for accepting credit card payments for vacation home rental?

admin — Sun, 25 Apr 2010 16:37:34 +0000

Hi I own a vacation home and would like to accept credit card payments for the renters when they pay me. I think the best way to go is by using an online system? or is it better to use a manual system.

Which merchant would I use? any suggestions please!!!!

Costco Merchant Services

Can a merchant store your credit card information?

admin — Thu, 28 Jan 2010 01:57:58 +0000

I went to my dentist and was asked to provide my credit card information for them to store in their database in case they needed to bill me for something. As far as I know, they are not allowed to just store my credit card information.

Thanks for the help, my state in case that makes a difference is Pennsylvania.

Yes, they can and usually do store credit card infomation. It’s a security measure for the merchant. If you don’t pay a bill, they’ll charge the account on file.

Small claim by merchant after credit card company dispute?

admin — Thu, 21 Jan 2010 08:51:37 +0000

Hi There, I’ve given my credit card number to an agency to book a hotel room for me. I found out the agency did not book the right hotel for me, and I advised my credit card company to dispute those charges successfully. Now the hotel go against the agency and ask for the money. Can the agency file a small claim against me even I did not use the room from that hotel at all?

They can file a claim. The question would be can they WIN it. I don’t think they can win against you since YOU did not book the room. I would refer them to the travel agent or whoever actually booked the room on your behalf. I would not ignore them and I would keep records of all contacts you had with them.

If by some means they do win a suit against you, you can go after the booking agent for reimbursement. If need be, you can take them to small claims court to recover your losses.

Credit Card dispute. Merchant threatens collections.?

admin — Sun, 17 Jan 2010 19:30:49 +0000

This is to clarify an earlier question.
I disputed a credit card charge from a merchant with my Credit Card company. The dispute was found in my favor, not in court, but by my credit card company and the merchants bank. The merchant is now threatening to send it to collections or take legal action. Doesn’t disputing a charge and having it found in your favor take care of any legal or collection action? Otherwise merchants would do that all the time and there would be no point of credit card disputes and no consumer protection. Isn’t this also coverd by the FTC?
Thanks!

You need to understand that the credit card company only acts as a 3rd party in this transaction. If this is a "border line" dispute they would prefer to just give back the money and back out of it.

But your transaction is with the merchant, not with the credit card company. Therefore if your merchant feels you are liable, he can take whatever action is necessary. If you still feel you are right, make him take you to court and dispute it.

If he turns it over to collections, immediately dispute the charge and demand validation. Otherwise, they may put a hit on your credit report. If that happens (and you are still certain you could win in court) then file an action against them for posting unvalidated information on your credit report. You could win $1000 in such a lawsuit.

Wish I would help you more, but without more details I can’t give much more advice.

How Do You Choose A Credit Card Merchant Accounts Provider For Your Online Business?

admin — Thu, 24 Dec 2009 04:31:09 +0000

I just started my internet business and am accepting payments through paypal, but I need more features than paypal can provide me with, like one time offers and such, so I will need to get a merchant account and start accepting payments that way.

Can anyone help me find out more about how to choose one?

Hi.

Choosing a credit card processor requires a little bit of research that you can do online for free. I’ve been there so I know what you are going through.

I started with paypal too but quickly realized that I needed more features. That’s when I decided to open a merchant account and accept credit cards through a payment gateway.

During my research, I came across http://www.electronictransferservice.com and was able to learn so much about merchant account and credit card processing. I was even able to call them up and talk to a live person.

Now I’m not recommending you sign up with them, but the information on their site is definitely worth reading over, especially their FAQ page.

For example, one of the biggest things you need to keep in mind when picking a credit card processor are the fees.

You have to watch out as some companies have hidden fees and they can add up pretty quickly.

And that’s just one of the things, there are many more details that you’ll have to learn about.

I actually went with another company but the information I learned prior to choosing one proved to be very valuable.

Hope that helps point you in the right direction.

Good luck!

What Do I Need For Merchant Credit Card Processing?

admin — Tue, 15 Dec 2009 12:15:32 +0000

I need to start taking payments from my customers through credit card, but I’m not sure how this works. What will I need to start?

First, you will need a merchant account. I suggest learning all you can about them at http://www.merchantaccountbasics.com

You can get a merchant account through your local bank. They can also help you start taking payments. For a fast solution until you get all that setup, you can try using paypal or 2checkout.