CREDIT CARD PROCESSING
Discover efficient and convenient methods to commence credit card processing without the complexities of partnering with a major financial institution. Our committed account managers are here to assist you in the approval process, underwriting, setup, and security measures, ensuring a swift launch of your card processing capabilities.
- Pioneering Technological Solutions
- Rapid Credit Card Processing
- Flexibility in Card Processing Location
- Competitive Fee Structure
- Empower Customer Payment Choices
- Round-the-Clock Merchant Support
What is Credit Card Processing?
Credit card processing refers to the process that enables your customers to make payments using their credit or debit cards. More specifically, it encompasses the sequence of actions that occur from the moment a customer swipes their card to the point where you receive the payment in your business bank account. This process is applicable whether cards are used in face-to-face transactions, online purchases, or transactions conducted over the phone.
To accept card payments, you will require the services of a credit card processor. There are various types of credit card processors available, with the most common being banks, independent sales organizations (ISOs), and merchant service providers (MSPs). Among these options, merchant service providers (MSPs) typically offer the most adaptable criteria and the most competitive rates and fees.
Irrespective of the nature of your business, collaborating with an experienced and reputable merchant service provider ensures the seamless processing of card payments. We select the tools and solutions tailored to your specific business needs, thereby enhancing your operational efficiency, security, and swiftness.
Some Reasons You Should Consider Processing Cards with PDOGA
- Seamless Digital Payments
- Digitally Trackable Transactions
- Chargeback and Fraud Protection
- Full PCI Compliance
- Process Card Payments from Anywhere
- Providing Convenient Options
- Securely Encrypted Transactions
- Simple Contactless Payments
- Access to a Global Customer Base
- Increased Customer Trust
How does credit card processing work?
Credit card processing is a quick process however there are several parties involved.
– Your business – you offer a product or service to your customers in exchange for their money. You are the “merchant”.
– Your customer, also know as The Cardholder. They have the credit or debit card they want to make the purchase with.
– Credit card processor is the party that routes the transaction between the Merchant and The Cardholder.
– Your customer’s bank is also called The Card Issuer.
– Your Bank, The Acquirer is the bank that houses your business account. This is the bank that acquires the funds at the end of the transaction.
– Your Customer’s Card’s Brand is The Network/Association, also known as card brand.