Patience is the companion of wisdom. — Saint Augustine.

The truth and nothing but the truth
Our lives are filled with all thing designed to give us instant gratification. Instant TV dinners. Instant coffee. Instantly-approved credit cards… all these are created to cut tiresome waiting time and allow us to get what we want in a moment’s notice. When it comes to e-Commerce and merchant accounts, one question frequently asked is that, would it be possible for merchants to obtain instant merchant accounts?
In fact, if a merchant account provider approaches …

Everyone is selling something on the Internet these days – and for a good reason too. Forget the time when the dotcom bubble burst, budding entrepreneurs have learned from mistakes long gone and are now more savvy when it comes to making a living selling tangible and intangible goods online. If you are an e-Commerce merchant, what better way to supercharge your business than having your own online merchant account so that you can start accepting credit cards? Some of the known benefits include these wonders below:

Increase in sales – …

A friend of mine finally jumped onto the e-Commerce bandwagon recently, and I was happy that he would be enjoying the many benefits of owning an online business soon. However he told me in his search for a commendable merchant account provider, he relied too much on word of mouth and made the mistake of choosing a merchant account provider without asking the appropriate questions. My reply to his predicament is to ask all the right questions in choosing a potential merchant service provider, because knowing the answers will help …

Accepting Payment Online With Merchant Accounts
A huge boost to your e-Commerce online presence is a merchant account. Why? Because the ability to accept payment online will allow you to propel your business even further. Accepting credit cards online is not the same as accepting credit cards in a brick-and-mortar storefront, and for that you would require either your own merchant account or enlist services from a third party processor.
However, off the top of my head, I can name several benefits attached to owning your merchant account that I must say …

It cannot be denied that an online merchant account holder can enjoy many benefits. Being able to accept credit cards from customers all over the world is a good start but many often forget the different types of support that are an integral part of the whole e-Commerce process. Merchant account providers know that in order to offer truly value for money features that a merchant can really take advantage of, they must offer fast and efficient support to reassure business owners and provide solutions to problems as soon as …

News of the January 12 earthquake in Haiti rocked the world and many generous people wasted no time contributing what they can to help the victims of the first disaster to hit the area in almost two centuries. However, more and more unscrupulous parties are also trying to make a quick buck from the pain and suffering of the Haitians by scamming well meaning donors of their money. The Better Business Bureau Wise Giving Alliance pointed out that this is the time to vigilant about such fraudulent charities and to …

As a continuation to the first part of “10 Tips to Minimize eCommerce Fraud Exposure Part 1″, let’s dive into the second part.
6. Report “phishermen” who are out to benefit from spoof sites
Recently more and more phishing scams have been reported, especially from online banking customers. Imagine a scenario where a chunk of money unknowingly vanished from your account. Well, the fact is that you could very well have helped the scammer transfer YOUR own money into THEIR accounts. What happens is that the account holder receives a fraudulent email …

For merchants who rely on eCommerce and the Internet as their source of livelihood, credit card fraud is not a laughing matter. This is especially true when you have huge electronic payment gateways and similar companies protecting their businesses by spending millions in security and to uphold the strength of their data storage systems. However, fraud prevention professionals say that some merchants rely too much on their sophisticated tech tools and fail to see that the simplest steps can help avoid fraud. All it takes to begin the awareness is …

In a move that is being lauded by many concerned consumers, the US Federal Reserve has beat the 22nd February 2010 deadline to put new credit card rulings in place. For parents, this is indeed a much appreciated move that makes it more difficult for youths below the age of 21 years old to apply credit cards. This means that banks can only issue credit cards to teenagers if the applicants are able to remit payments or obtain signed permission from parents or guardians. This move will hopefully eliminate teenage …

Supermarket champs
Once upon a time, credit cards are applied over bank counters. Today, consumers can walk up to a supermarket and apply for a co-branded credit card. Apparently, customers of these credit cards are so happy with them that satisfaction for these supermarket credit cards have surpassed levels of that from major banks’ credit cards. Telegraph.co.uk reported that supermarket credit cards are now rated the highest amongst all card products in the market, triumphing over cards issued by big names like Halifax, Lloyds and NatWest.
Just who are the ones who …