Electronic merchant services | EMS | Merchant account | Your merchant services rep
Electronic Merchant Services
All you need electronic merchant services
Merchant services are the backbone of any business. They allow you to accept payments for products and services sold over the Internet, in-store, or both. The process is also known as ecommerce or e-business solutions. Merchants refer to any business that accepts credit cards, debit cards, electronic checks, and other forms of payment from its customers via the Internet or by phone. A merchant account is an online service provided by your bank so that they can receive payments through credit card transactions
Merchant Account
A Merchant Account is a service that allows you to accept credit card and debit card payments on your website. It's the gateway between your business and the merchant bank, which processes transactions on behalf of its customers.
A merchant account differs from a payment gateway in that it provides more than just an interface for accepting payments--it also processes those payments through one or more payment networks (like Visa or Mastercard) and keeps track of them until they're cleared by the issuing bank.
Payment Gateway
Payment gateways are the main gateway between your customers and the payment processor. They are a secure connection from your website to the payment processor, allowing you to accept credit card payments online.
The process of creating a gateway is simple:
Choose an option that fits your needs (e-commerce or mobile).
Enter some basic information about yourself and select how many products/services you want to sell on your site; this determines what kind of account is right for you based on volume requirements and monthly fees associated with each plan type
Electronic Invoice Processing
Electronic invoice processing enables merchants to accept electronic invoices from their vendors. With this service, you can also generate and process electronic invoices on your terms.
The ability to accept payments in the form of an invoice is also crucial for many businesses today. This allows them to keep track of accounts receivable without having to manually enter every transaction into their accounting systems as it happens - which makes things faster and easier for everyone involved!
POS Payment Solutions
POS Payment Solutions, also known as point-of-sale (POS) payments, are a group of electronic payment systems that allow merchants to accept card payments at the point of sale. These systems are used by businesses to process credit cards and debit cards from their customers. POS solutions can be implemented in different ways depending on the type of business you run and your specific needs for accepting payments.
These are a few of the services that you need
Merchant account: A merchant account is a type of bank account that allows you to accept credit cards as payment for goods and services.
Payment gateway: A payment gateway is an online service that processes your customers' credit card information, usually through an API call or web form, so they can buy from your website.
POS Payment Solutions: POS stands for point-of-sale, which means it's used with a cash register or similar device at checkout counters in physical stores (as opposed to online).
Electronic Invoice Processing: Electronic invoice processing companies enable businesses to send invoices via email or fax, collect payments electronically and track them all in one place
Conclusion
We hope that this article has helped you understand the different types of (EMS) Electronic Merchant Services. If you're still unsure about which one would be best for your business, we recommend taking a look at our Merchant Solutions page. We have a wide range of payment options available and can help find one that will fit perfectly with your needs!
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