Processing credit-card payments is easy with our PCI-compliant service, which accepts all major card issuers in-store, online and on the go.
Your customers expect a purchase from your business to be a smooth-sailing process. They expect to be able to use their preferred method of payment to pay for your product or service, like they pay for everything else. While cash may still be king, our research shows that when you offer customers a variety of ways to make payments, it serves as an important factor in how they rate your business. If you do not accept non-cash payments, you could be missing out on sales opportunities.
Whether in-store or online, the card-payment process is usually very quick and simple. Behind the scenes, however, it involves a complex series of steps including security and balance checks. When your customer swipes or manually enters their card information, your point-of-sale(POS) communicates with the card issuer(your customer's bank or card division) to make sure they have enough funds to cover the purchase. During the transaction process, encrypted security measures are activated to ensure that there is no suspicious activity on the card being used for purchase.
All credit-card processing companies must comply with the data security standards as set by the Payment Card Industry(PCI). This means the provider sticks to its industry best practices to enable a secure network, protect cardholder data and monitor quality, among other things.
Any business that wants to process credit card payments is responsible for abiding by all PCI regulations. There is a fine payable for non-compliance to PCI regulations.