I posted a question to some colleagues in the National Speakers Association (NSA) Northern California Chapter regarding credit card processing. I’ve been processing credit cards for over 9 years, using two companies - Nova and Paypal, but I didn’t have a clear understanding of everything that was involved. Some of the responses I received from my colleagues made me realize that many of us don’t know what’s truly going on, and we just stick with whatever solution we started with.
I conducted some research on this subject, and created a presentation to explain it all. Hopefully it will help you with the question of how to process credit cards. By the way, now that I understand what’s going on, I’m going to change my provider and save some money!
Here’s a couple of articles I found with some good information at:
I also created a presentation that I posted on my site. It covers the basic elements of processing credit cards both online and offline, and relates them so you can shop for the best product.
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