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Old 1st October 2007, 09:25 AM   #1
OrderMotion
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Default Webinar: Understanding Credit Card Processing

Although credit card processing is more than a business expense, many merchants still believe their criterion for choosing an account provider should be based on price. The fact is that credit card processing is no longer a commodity business; today, it is a service-based business. That is why it is crucial that you choose a merchant account provider that delivers impeccable service while offering reasonable costs.

Learn the basic, yet necessary information you need to know about the credit card processing industry and better understand how to get the most “bang for your buck.”

Visit Ordermotion.com/webinar/100407/MW_forum.aspx to register for this webinar.

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Old 3rd December 2009, 12:32 AM   #2
FL Management
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Thanks ordermotion for this information I have few questions for you and looking for your reply.

1) What kind of processing solutions are available to you?
2) What credit cards can i accept?
3) What is a chargeback?

I know the formal meaning of this questions but I want to know what extra you provide.

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Old 10th December 2009, 05:38 AM   #3
johnhenin
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Quote:
Originally Posted by OrderMotion View Post
Although credit card processing is more than a business expense, many merchants still believe their criterion for choosing an account provider should be based on price. The fact is that credit card processing is no longer a commodity business; today, it is a service-based business. That is why it is crucial that you choose a merchant account provider that delivers impeccable service while offering reasonable costs.

Learn the basic, yet necessary information you need to know about the credit card processing industry and better understand how to get the most “bang for your buck.”

Visit Ordermotion.com/webinar/100407/MW_forum.aspx to register for this webinar.


Hi
i know little bit about that credit card processing.i think this processing is used for virtual payments. anyway let me know about this in detail .

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Old 10th December 2009, 07:57 PM   #4
BeTheBest
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Quote:
3) What is a chargeback?
I can't speak for the other questions you have about the service being offered, but a Chargeback is when a customer has completed a purchase; found the product/service not to be what he expected; has attempted to return it or resolve it with the vendor (you) and is left with no other choice but to call his/her bank and contest the charge.

Typically, the bank will get the charge reversed so the customer gets his money back. The funds are AUTOMATICALLY removed from YOUR account plus (usually) pretty stiff fees for chargebacks.

Basically, if the client had to go this route, you're not following a very good 'customer service' procedure. Ulitimately, they have tried to get their money back, and couldn't. So they generate the chargeback.

Hope this helps!

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Old 9th January 2010, 02:50 AM   #5
AnimaNarelle
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hi guys,

I have just got my first credit card its from chase and I never used it before. I am intending to use it for my first time but I don't understand how the process works. How exactly do you pay it?

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Old 22nd January 2010, 11:35 PM   #6
allisa
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I thinks we can understand it very clearly by using it. I had read its instructions but there are many other hidden conditions which come out when we pay.

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