PRLog (Press Release) -
Jan. 10, 2013 - As the names suggest, MOTO account involves e-mail, telephone or fax and don’t require the physical presence of a credit card. Only the credit card information and (optionally)
personal details of the cardholder are needed. These card-not-present-
transactions"
can be simply done by manually keying in the customer's information on a credit card terminal or pos system that best fits there needs. These accounts are ideal for businesses that are looking to collect over 80% of their payments via mail or telephone. Online Internet merchant accounts have similar rates and fees to MOTO accounts but the equipment used to process credit card transactions is different. An Internet account utilises a payment processing gateway to process real-time transactions whereas a typical mail order account is set up with a credit card terminal. Before selecting an account, you need to understand the type of transactions you use most. Also note that it is very important to immediately destroy credit card information provided in writing or over the phone and to safely store electronically submitted information.
Benefits of a MOTO Account will include:Acceptance of Visa, MasterCard
Manage chargebacks, review sales reports and more from your browser
A virtual terminal to let you process payments
Proprietary built-in fraud detection and prevention tools
Risk management services to help minimize your fraud exposure
Excellent 24/7 merchant customer support
It is important to know whether, as a merchant, you do mostly card-present or card-not-present transactions. If you decide to choose a processing plan designed mainly for retail transactions, it is best not to increase MOTO sales as you will be charged a higher rate. Instead, it is best to pick a plan that is more appropriate to those MOTO transactions to save money. We can help you with this plus also, if you need a merchant account, pdq machine or an offshore merchant account call us.
Contact us on 0161 928 2287 or www.pdqmachine.bizPhoto:
http://www.prlog.org/12056877/1