Answer: An internet merchant account is a special type of account, because these types of credit card transactions are “card-not-present” transactions. Most companies use special criteria to assess risk, and have a different fee structure because the merchant can’t physically see the card being used to make the purchase. With an internet merchant account you can:
- Accept and process credit card payments in real time.
- Accepts all major credit cards.
- Process credit card transactions from orders received offline.
- Issue credits.
- Void transactions.
- View your list of transactions online.