Information on a MOTO Account & Virtual Terminal

Jan. 11, 2013 - PRLog -- A MOTO Account processing is mail order or telephone order credit card processing. It is something that many merchant accounts are set up to handle in order to allow card-not-present credit card processing. As these names sug­gest, MOTO trans­ac­tions involve 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. The advantages of MOTO processing are its security and mobility. Many cardholders do not trust small stores, with plain-looking websites, as a result the fear of fact that their credit card information may, supposedly, be stolen holds them from placing an order. Cardholders feel safer when giving their details over the phone, live and direct. Plus, they may ask questions on the product or service they’re about to pay for and/or about another product/service of interest, which can be used to the e-Commerce merchant’s advantage.

MOTO credit & debit card processing is an ideal supplement for e-Commerce merchants conducting online trading using e-Commerce merchant account solutions which offer a Virtual Terminal. MOTO processing can be conducted through a number of ways. Sometimes it is done through email. Other times, fax or telephone is used. The variety of methods means that consumers have choices about how they wish to make their purchase.

We specialise also in high risk merchant accounts. If a business falls into the high-risk category, which basically means that there are increased risks for the processing bank when compared to other types of businesses because of the nature of the products or services that the business is selling.

Call MaxPayNow on  0161 928 2287 or visit www.pdqmachine.biz

We also offer a Merchant Cash Advance to companies who already have a credit card machine.