Online Credit Card – prepaid application

JayJay asked:


i have a checking account but i need a credit card for my online transactions but every time i get a credit card i cant manage myself. But when i need to by stuff online that aren’t available in stores then i need it any ideas. (usually pay everything with check)

WILFREDO

Morning Star asked:


I have an emergency, and cannot think of any other solutions then to try to get a credit card for at least $2500. But I have bad credit and no checking account. I would rather pay off a credit card over time (and have the means to do so) then to not take care of my financial emergency as soon as possible.

JESUS

DTS Web Solutions asked:


Many of us have used credit cards to make purchases online. It is important to understand how the online credit card processing works, how having a merchant account can enhance your chances of increasing sales, and the importance of SSL certificates.

Merchant Accounts:



Increase sales: According to Visa International, of every $100.00 spent by consumers, nearly $40.00 is in a form other than cash or check. Plus, the average credit card purchase is considerably larger than cash. A Merchant Account is the quick, easy way for these customers to pay.



 



Get paid, fast: Make the move to credit card transactions and start receiving payment within 24-72 hours.





 



Increase credibility! A merchant account means you’ve passed the approval process necessary to accept credit cards. It gives your customers confidence.





 



Cut paperwork! Why spend your valuable time processing checks? Instead, have proceeds from all your business’ transactions deposited directly into your banking account.



 



Reduce risk! Automate your transactions and take any hassle out of your sales. Visitors to your site want the convenience, flexibility and security that credit cards offer. They want to spend!



 

The followinng is a brief description of how the process works:

1. Customer’s Credit Card:

Provides the funds needed for the transaction. All authorized cards are processed in the same way, regardless if they are credit or debit.

 

2. Shopping Cart:

Serves as a collection point for necessary information including credit card data, product type and quantity, shipping information and more.

 

3. Gateway:

Securely transfers encrypted data from the Shopping Cart to the Merchant account, screens for fraud and authorizes the transaction.

 

4. Internet Merchant Account (Processor):

Verifies the credit/debit account for the necessary funds. Approved transactions are processed and the funds are placed in a Checking Account.





5. Checking Account:

Receives and holds the money gained from approved online sales. Funds can be withdrawn at any time through an ATM or at your local bank.

 

The Importance of SSL Certificates:

People are getting smart about online security. More and more of them are looking for the padlock icon and “https” prefix in the address bar of their browser before submitting personal information online. If your Web site doesn’t have an SSL Certificate, visitors may leave before making a purchase, creating an account or even signing up for a newsletter.

 

About the Author

DTS Web Solutions is a Low Cost Domain and Hosting Company that provides a variety of services ranging from Domain names to hosting, SSL Certificates, and other high quality business solutions. For more information visit:http://www.dtswebsolutions.com/

 





GARLAND

Andres asked:


As in transfer money from my checking account to my credit account? Does that count as the payment? Is this how I can pay my credit card online?

CARMELO

Rebecca Beckett asked:


It’s so easy making purchases online and just waiting until they arrive in the mail. However, with this rise in web business and online credit card processing, people need to be even more diligent in protecting their identity. Make sure you are playing it smart when it comes to using internet transactions to make your life easier.

Credit cards are the most common way people pay for things online. While some options also include paypal, direct from your checking account or e-check, most people tend to rely on credit cards. You should not be afraid to shop online or store your information online. However, you can easily make yourself smarter regarding some of the scams out there and also how to make sure you are shopping from a secure source.

1. Keep your internet browser updated. Browsers have security software capabilities and you need to keep this information up to date. Make sure you are using the latest encryption technology.

2. You can look for digital certificates to validate the identity of the site you visit. Look for the VeriSign logo on the site or other such independent services, which will assure you that the site is legitimate.

3. Read the privacy policy. Make sure that your personal information isn’t being sold or passed around.

4. Use one credit for online purchases rather than several.

5. Every once in awhile you may receive those scam e-mails asking you to verify your personal information, passwords or credit card numbers. Don’t fall for these e-mails. Never give out this kind of information unless you know exactly who is requesting it.

6. Keep receipts and keep track of your credit card statements.

7. You will almost always get an online receipt when you purchase. Make sure you receive one.

8. Keep an eye on the domain. Make sure you are not transferred to an outside site trying to steal your information.

More and more people are using the internet to save costs during this troubled economy. From online subscription services allowing you to get household items at monthly increments to buying gifts for the whole family, there is a reason for everyone to flock to the web. It is a great way to comparison shop. Online banking too is becoming more commonplace. The days of check writing are in the past and the days of bill pay, credit and debit cards are here to stay. In fact, even a lot of media is now online allowing users to purchase downloadable television shows, movie and music. We have not seen the end of the wonders and possibilities available with the internet.

Act smart when you purchase things online, pay your bills or handle other banking matters. You don’t have to shy away from the internet as more and more things are becoming easier to handle online. However, you should stay smart. Protect yourself so those scam artists don’t steal your identity. If you do become afraid that you are a victim of identity theft check your credit report online. Stay on top of your information so that you can make sure it is accurate. If you take some simple steps to keep your information safe you will be able to shop online with peace of mind.



ELDON

Joe asked:


I applied online yesteray for my first credit card and they said I would get a response within 30 days. Why does it take so long? Is it because I have no credit and it was a student credit card? Also, I said I had both savings and a checking account but right now I only have a savings but will be getting a checking account on Saturday. Is it ok that I said I had both a checkings and a saving? Will it make them reject my application? Are they eager to give a credit card to someone like me, a young person likely to give them money for interest? I am just anxious about the whole thing. I am going to be responsible with it because I am careful with all my money.
also I didn’t know what they meant by residence when they asked rent or own? do they seriously expect me to pay for rent at this age? So I selected “Other” and put zero paid month;y for my residence because that is what I pay, I mean I help my mom out sometimes but thats it.
lol iceman, I said I made 6K a year because that is what I made in 2005
well it was labled a student credit card….being wary should be expected of them if they think this.
yeah it was CHASE
what is the purpose of advertising student credit cards then?? they are designed for people like me who have no creidt. thanks for not answering my question.

OLIVER