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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 postage stamps, reducing fraud because fewer items must be checked, and making it easier for both you and your customers. However, there are some disadvantages as well, including higher fees than if you set up the system yourself and less control over who can access your accounts.

Online Payment Processing Service Providers

There are several different companies that provide online payment processing services for small businesses. The most popular payment gateway are Paypal, Authorize.net, 2Checkout.com and DSSR Payment Solutions. These three companies have been around for years and have established themselves as leaders in the industry. They all offer similar services and have similar prices, which makes them very competitive.



If you want to build a website focused on selling products, then Shopify would be a great choice. Their software is user friendly, easy to set up and they handle all the back end tasks so you don’t need any technical expertise. Plus, if you decide to take it further, they will help you launch a successful eCommerce business by providing marketing materials like graphics, videos, and social media sharing tools and best Payment Processing Solution by DSSR Payment Solutions. For beginners who would prefer to focus on generating leads instead of building websites, then Kajabi may be the way to go.

In addition to providing online payment solutions, these same providers also specialize in point-of-sale systems (POS). This allows merchants to accept credit cards or debit cards with ease at their business location. Many people shop online due to convenience, but when you enter your card details into a website, you may feel more secure knowing those details are being handled by someone else. If you choose to go this route, make sure you find a provider that offers both POS and online payment solutions.

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