In previous
posts, we have discussed on credit card processing more to more, and I hope
that you all have understood well about the usability and utilization of credit
card processing or international processing system, its signification plays the
vital role in the business industry and for the businessperson along with
merchants.
After all
most of businessperson have been engaged in the usability and utilization of
merchant account in their business and getting the enjoyment of card payment
and making easier their business for customers and this kind of payment
processing system is being liked by every person.
However,
sometimes it getting to see that most of merchant want to put forth to credit
card payment also in their business but they are not able to pay the fee of
merchant account service. However, it is the end and Free Merchant Account
service is available for whom, those are not able to pay the fee of merchant
account.
·
Know the basic about free merchant account:
As you know
that this account is with the bank that allows about the usability of card
payment, and customer can pay by using little plastic card. There two kinds of
merchant account for two different transactions.
I.
Card
present transaction
II.
Card
not present transaction
·
Card Present Transaction
Card present
transaction follow to point of sale (POS) system, you can swiped the card on a
physical terminal.
·
Card Not Present Transaction
The card not
present means that you have not need to swiped the card on physical terminal
and it does not follow point of sale (POS), in this process merchants uses mail
order, Telephone and internet to paying the amount and free merchant account users
always uses to this service means that follow to card not present Transaction
process.
·
Free Merchant Account Process Insist for:
I.
Versed
merchant agreement
II.
An
account for business checking
III.
Original
address proof document (passport, driving license)
IV.
Business
license
V.
Website
Address
VI.
Return
policy’s statement
For more info,visit: https://www.payscout.com/get-started
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