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6 Reasons to Use an Online Virtual Credit Card Payment Solution

Can you imagine paying for groceries or other purchases without cash? This is now possible thanks to virtual credit cards. Instead of using actual plastic or traditional credit card payments , these are offered by many companies in the form of debit, prepaid, e-check, or even gift card solutions. These are useful alternatives to cash because they eliminate the hassle of carrying around large amounts of money, plus they provide better security. Also, they allow customers to pay for goods via their accounts whenever they want. In this article, we'll discuss six reasons why businesses should consider offering their customers an online virtual credit card payment solution . Virtual credit cards are simply a way for companies to accept digital payments from customers who don't have access to bank accounts. As a result, they offer several benefits over regular credit cards. First, they take away the risk of fraud or counterfeit credit cards that are so common when dealing with reg
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Online Payment Processing Services for Small Businesses

An online payment processing service is an electronic payment system that allows customers to pay their bills electronically without having to enter payment information into their own computers or to send paper checks to merchants. For example, a customer might use his credit card to pay his bill and be able to view the transaction on-screen in real time. Other common types of online payments include e-checks, electronic bank transfers (EBTs), direct banking transfers, preplanned periodic payments using autopay, and point-of sale (POS) systems . A merchant typically enters this financial data when setting up an account with the services provider, but it can also be entered later on by entering new transactions. Some providers offer third party software applications for mobile devices so that customers can access their accounts anywhere at any time. There are many advantages to using this type of service including saving money since there’s no longer need for paper check printing and

How can I get started using low risk payment gateways for eCommerce business?

Low Risk Payment Gateways also known as LRPGs. The global online retail sales are expected to reach $2 trillion by 2020 – a figure that will rise at a CAGR of 13% over the next five years. As such, low-risk businesses around the globe are investing heavily in their e-commerce merchants strategies to stay competitive in today’s marketplace. To cater to these demands, many companies are looking beyond conventional methods of transaction processing such as credit cards or bank transfers. To meet these challenges, some companies are now turning to low risk payment gateways because they provide greater flexibility and efficiency. This article gives you a quick primer on what a low risk gateway is and its benefits for low-risk companies eCommerce businesses or ecommerce merchants. What Is A Low Risk Gateway Payment System? A low risk payment gateway system allows low-risk merchant accounts to accept credit card payments from customers through a variety of different means includin