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International Merchant Account A Merchant Account is a commercial bank account established by a merchant
to receive payment via credit cards. Three parts are required to accept credit cards - a merchant account, a local bank checking account to deposit
funds and a Processing Solution, such as a web-based store front to accept credit card online. International merchant accounts, or Offshore Merchant
Accounts, are merchant accounts that allow the merchants to accept payments from around the world-- regardless of where your business or customers
are located.
Services of International Merchant Account
An Internet merchant account allows merchants to accept major credit cards (Visa, MasterCard, American Express) online.
Online payments are routed to a secure payment gateway to process credit cards at real-time. Online merchant accounts or Internet merchant accounts
are usually compatible with popular shopping cart applications for easy integration. Comparing to an online merchant account, two major
services that come with an International merchant account are Multiple-Currency Support and International Fraud Protection.
Multiple-Currency Support
International Merchant Accounts support multi-currency payment processing. Merchants are able to sell online to the world in the currencies of their
choice. Online shoppers can place orders from anywhere in the world in their own currencies. There are no additional currency conversion fees for
the merchants or the customers.
International Fraud Protection
The vendors of International merchant accounts also provide comprehensive fraud protection to minimize the risk of Internet fraud and
the additional cost and loss due to charge backs and disputed transactions. Besides using Fraud checks provided by payment gateway, such as WorldPay
and authorize.net, the vendors usually and adds several new layers of anti-fraud intelligence and pattern matching.
Related Keyword:
credit card processing service, payment processing, credit card authorization, credit card processors, online credit card service, online payments,
credit card transactions, credit card payment, online payment processing, payment service provider, electronic funds transfer, payment center,
cardservice international, bill payment and debit cards.
Related Topics
How To Accept Credit Cards Without a Merchant Account
The ClickBank E-Commerce Solution
How To Find the Best Merchant Account For Your Business
Mobile Merchant Account | Wireless Merchant Account - Benefits and Cost
Paypal Primer
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