Frank Owen asked:




Advantages of Online Credit Card Processing

If you own an online business and don’t already accept credit card payments you should consider doing so immediately. Nowadays upwards of 80% of consumers use credit cards to pay for products and services online. If you don’t accept credit card payments regardless of how small your business is, you risk losing customers and profits.

Credit cards are often preferred by customers because they are safe, secure and easy to use. Many people rely on credit to buy gifts and business items. Some customers will walk away from a website and not even look at the products and services if they know that credit card payments are not accepted. For that reason alone it is very important you consider credit card payments. Here are just a few of the benefits credit card processing has to offer:

You provide your customers with a secure and easy to use online method of payment.

Your customer’s purchase is guaranteed and protected by the credit card company.

Customers receive instant satisfaction because they can order products and receive confirmation, and sometimes download their product or service within minutes of placing their order.

Businesses that accept credit card payments will improve their sales and profits exponentially.

Accepting credit card payments makes a business look more professional and established.

Credit card processing ensures optimal customer service and convenience.

You don’t have to worry about bounced or bad checks or wait several days for a payment to clear when you use online credit card processing.

Mark

E. Thomas asked:




Hey, applying for a Discover credit card online (or any card for that matter!) is an easy process. Fill out a one page application, and you’re pretty much done! But, credit card applications are designed this way for a reason: to make it easy for the consumer to get credit! But, do you know what you’re REALLY applying for?

Many people are looking for the best options in credit cards when doing their research. And there are some cards out there that are great. As a matter of fact, Discover is one of the companies that has historically offered great rates to their customers. But wait, is that all that matters?…a good interest rate? What should the consumer look for when applying for a Discover card online?

Can you say, Interest Rate?

Your interest rate should be a major factor in determining which credit card is right for you. It represents the amount of money you’ll pay, as a percentage, of the money that you owe on the card. Many consumers make the mistake of saying, “oh well, I’m going to pay off the card every month” or “I’ll only use it for emergencies” so they aren’t really concerned with the interest rate. They don’t read the fine print, and they don’t research or shop around.

I’m here to tell you: that is a mistake! What if your car breaks down, or you have to bail someone out of jail? (don’t laugh, it happens!) Then, you’re paying 20% on thousands of dollars that you didn’t plan on spending! Do you know what that amounts to in interest payments? Hundreds of dollars per year…and that doesn’t even include you’re “normal” spending on the card.

But if you’re applying for a Discover credit card online, you can rest assured that you’ll get a good rate, even if it’s your first one! Yes, credit history is a factor, but Discover’s rates are very competitive to other companies such as Visa or Capital One. Also, you should take into consideration any “rewards” that are associated with credit cards.

Rewards are described as any incentive that a credit card company offers to join up with them. Some typical rewards are cash back, free gas, travel miles, giftcards to your favorite stores etc. Basically, it’s a nice little “selling feature” to get customers in.

Now, rewards can be used to a consumers advantage, but NEVER EVER apply for a Discover credit card online just for the rewards. Finance companies are in it to profit, plain and simple. What you pay in interest on the card will far outway any “rewards” that you’ll get. But, if they offer a good interest rate and rewards, that may be the way to go! Just make sure you read the fine print!

Hopefully this shed a little light on different things to look for in a credit card. The Discover credit card online application is pretty self-explanitory and only take a couple minutes to fill out. However, make sure you shop around and only accept best card for your needs.

Jason