Over the years, small-scale sales have always had little or no connection with tech. Carrying boxes full of cash have been the order of the day in the trading world. However, to sell higher-priced items like Playstation, Washing machine, LED and LCD TVs set the old method might not be effective any longer. Getting paid by credit card makes a home-based business more professional and reliable to customers. On the one hand, the convenience that comes from paying with credit cards cannot be over-emphasized as they will really appreciate the ease of charging their purchases. On the other hand, you widen the circle of buyers who can purchase your items, implying a drastic increase in your sales. Let me show you quick and easy ways to accept credit card payments.   Apply for a Merchant account with any Payment Processing company Send the KYC or KYM documents Complete website compliance as per the request from the risk and underwriting team Once approved connect the merchant account with the website by using the payment gateway api information Generate traffic and wait for orders. You will have the ability to email receipts to your customers.Most of the processors will offer competitive pricing. Typical Rate of Credit and Debit Card Transaction Low Risk rates can be as high as 2% High Risk Rates can range from 5% to 15% What are the drawbacks of credit and debit card transactions? You may find some transactions that are processed by using fraudsters. As a merchant you have to be careful. Manually scan all orders and if possible get a confirmation from the buyer. You can easily collect payments using the Credit Debit card transaction mode if you have a merchant account. A number of companies cater to home-based businesses and will do everything they can to assist you through the process. To accept credit cards via merchant accounts, you will be needing 3 things: A credit card merchant account A bank account and a way to process payments. A merchant account permits your customers' payments via Visa, MasterCard, American Express and other cards to be transferred to the bank account you specify. sometimes you may have to pay start-up fees of $50 to $200, with monthly and per-transaction fees. Monthly statement fees basically range from $4 to $20, and the transaction fees typically range from 5 to 50 cents per purchase. The rate of the transaction is called TDR or MDR. The rates vary depending upon the Industry and the level of Risk. For a list of available merchant services providers and to compare rates and terms, you could check out Google. Check out online payment methods. There are many options available online for accepting card transaction. It is a good ideas to understand if your business fully complies with the payment service providers requirement. How to use a Merchant account that you get with the help of Quadrapay? It is very easy . Most of solutions come with plugins. You can easily integrate the plugins on your CMS driven sites. In case if you need any assistance feel free to contactQuadrapay ...read more