Tuesday, August 7, 2007

Wireless Credit Card Machines

The Meaning Of Credit Card Numbers
By Ron King

If you take a close look at your credit cards, you'll probably
wonder what all those numbers stand for. Every digit actually
stands for something specific. Let's have a look at each of
those numbers in sequence.

The First Digit

Gasoline cards, department store cards and phone cards have
their own programs.

The major credit card companies operate on a standardized
system for assigning credit card numbers. The first digit in
the series will always be a 3, 4, 5 or 6. This number
designates the type of card you have. For instance, a 3 means
it's a travel and entertainment card, such as American Express
or Diners Club. A 4 is Visa and Visa-branded debit cards, cash
cards; a 5 is MasterCard and MasterCard-branded debit cards,
cash cards; and 6 is Discover.

The Other Numbers

American Express and Diners Club use the second digit to
identify the company. That means that Diners Club cards will
start with either 36 or 38, and American Express cards will
lead off with 34 or 37.

The remaining numbers in the series are used for other
purposes, depending upon the card type and issuer. Generally,
the numbers grouped after the opening series is the routing
number of the bank and the next group is the user's account
number. The final digit is special -- a check digit. This is a
number calculated by applying a specific formula, and it is
used as a fraud check.

Look At Your Card

American Express uses digits 3 and 4 for business or personal
card type and the currency of the cardholder's country of
origin. Digits 5 through 11 are the account number. Digits 12
through 14 show the card number attached to that account. The
last digit is, of course, the check digit.

Visa uses digits 2 through 6 for the bank number. Beginning
with digit 7 and running through 12 or 15, they're the account
number, and the last number is the check digit. The number of
digits in a group may vary because Visa cards don't all have
the same number of digits.

With MasterCard, the second digit through digit 3 (to as high
as 6) is the bank number. All remaining digits, except the end
check digit, identifies the cardholder's account.

And that's it. A slightly complex system necessary to track
billions of credit cards across the globe.

About the Author: Ron King is a full-time researcher, writer,
and web developer. Visit http://www.new-credit-card-now.com to
learn more about this fascinating subject. Copyright 2005 Ron
King. This article may be reprinted if the resource box is left

Source: http://www.isnare.com

Friday, July 27, 2007

Wireless Credit Card Machines

How Wireless Handheld Credit Card Processing Can Save Your Business Time and Money
By [http://ezinearticles.com/?expert=Gerald_Schiano]Gerald Schiano

If you are in a service business, how often do you invoice someone and wait 30, 60, 90+ days to get paid. How often do you never get paid? Many of you might already appreciate the benefits of accepting Visa/Mastercard, Amex, and Discover, but currently call in/key in credit card transactions. The fact that a physical credit card is not swiped is costing your business money. It is considered a higher risk transaction and your discount rate will be higher on a non-swiped card transaction. The solution that will save your company time and money is the wireless credit card terminal.

Wireless networks have evolved to the point where they are now very comprehensive and cost effective. The following list of professions could benefit substantially from wireless processing: plumbers, locksmiths, taxis, limo’s, pizza delivery, home parties, trade show participants, flea market merchants, contractors, electricians, snow plowing, lawn maintenance and photographers. The list is endless!

We all know that it is much more appetizing to spend a little more money when you use plastic. Credit Cards also make it more possible for an impulse purchase. For example, we are currently quoting an aerial photographer that takes beautiful pictures of homes in New England, then sells the finished product to the homeowner. A wireless terminal will surely increase his business and grab many of those impulse buyers that might not have purchased with cash on hand.

In closing, many industries could benefit from a wireless hand held credit card terminal. As always, do your research before purchasing and demand that your credit card processor educate you on all aspects of your contract!

Gerald Schiano is a consultant with United Bankcard of New England. He can be reached for a complimentary analysis of your businesses current credit card processing statement or a bid on new service. [http://www.unitedbankcardlowrates.com]http://www.unitedbankcardlowrates.com, [mailto:consult@unitedbankcardlowrates.com]consult@unitedbankcardlowrates.com, http://stores.ebay.com/UBC-of-NE-Accept-Credit-Cards-Now 401-404-5600

There is a reason UBC is the sixth fastest growing private company in the INC 500. Great Service & Great Pricing!

United Bankcard of New England is a proud Agent for United Bankcard a registered ISO/MSP of First National Bank Of Omaha

Article Source: http://EzineArticles.com/?expert=Gerald_Schiano http://EzineArticles.com/?How-Wireless-Handheld-Credit-Card-Processing-Can-Save-Your-Business-Time-and-Money&id=392853

Tuesday, July 24, 2007

Wireless Credit Card Terminal

Credit Card Processing Security Concerns
By Debbie Dragon

As an online merchant accepting credit card payments, you have
numerous security issues that you must be aware of for the
safety of your business and your consumers. At this time, there
are two main aspects of credit card security for credit card
processing, including “AVS” and “CVV”. Both allow credit card
transactions to be completed anonymously over the internet, and
any merchant accepting credit cards online should require both
forms of information of your customers.

Address Verification Service

The “AVS”, or address verification service, is used to
determine that the address provided by a customer matches the
address associated with a credit card account. This helps
generate confidence that the person who is entering the credit
card details is the person who owns it. While the AVS is not
required to process credit card transactions, when it is
provided the transaction processor will send a response back
with details of how much of the address provided matches the
address on the credit card.

A credit card will not be denied if the address is entered
wrong, it is up to the merchant to decide what to do if the
address only matches partially or not at all. You can deny the
sale, or require the buyer submit additional information, or
give them the opportunity to correct the address information,
before processing the transaction.

Card Verification Value

The “CVV”, or card verification value, sometimes referred to as
the CVV-2 is a three to four digit number found on the back of
American Express, MasterCard and Visa cards. It’s on the card
but not on any statements, so that if an individual has found a
credit card statement in the trash, they aren’t able to complete
a sale that requires the CVV code for verification purposes.
When a customer is able to enter the CVV code, it’s a strong
indication that the customer has the credit card in hand, which
increases the potential of the card belonging to the person who
is attempting to use it to make a purchase online.

Most credit card fraud online occurs when a thief has found a
discarded receipt or a thrown out credit card statement, but by
requiring the CVV code, the merchant can eliminate that type of

If a CVV number is entered and is incorrect, the transaction
will be declined by the credit card issuer.

Providing Consumers with Top Security

If you are going to accept credit cards online for payment for
products or services offered through your website, it’s
imperative that you provide your customers with a guarantee that
you’re protecting their credit card information.

Credit card processing typically requires that the customer’s
information is transferred about four times, which means there
are four instances when someone could gain access to the
cardholder’s details.
When a customer first sends the credit card information to you
via your checkout or web based form. You are solely responsible
for security as the internet merchant, at this stage in the
credit card transaction process. Having a secure server and a
valid security certificate with the https protocol will protect
and encrypt private information you receive from customers.

You will want to be sure that the credit card transaction
processing software you use for your business is secure by using
a reputable processing company.
As customer information is moved in and out of a database
through the transaction process, the security must be top of the
line- and this is ensured by choosing a solid company that
offers encrypted software for this part of the process.

Finally, when customer credit card information is viewed or
handled by you or your staff, it’s important that you ensure
security at this stage as well.

About the Author: This article has been provided courtesy of
Creditor Web, http://www.creditorweb.com .

Source: http://www.isnare.com

Friday, July 20, 2007

Wireless Credit Card Machines

Guaranteed Credit Cards – Use Them Wisely
By [http://ezinearticles.com/?expert=Joseph_Kenny]Joseph Kenny

Credit cards are becoming increasingly vital in a wide range of situations. Have you ever tried to rent a car, or shop online without one? It’s not easy. In fact, with the growth of shopping online, more frequent international travel, and people paying for goods and services over the phone, it is almost vital for an increasing number of people to have access to credit cards.

There are therefore, plenty of valid reasons why anybody would want a credit card these days. Gone are the days when credit cards were seen as the preserve of the rich, or very big spenders, who liked to bankrupt themselves, or spend a fortune on shopping sprees. These days, people need credit cards simply to go about their business without being stuck in situations where they have no methods of payment available to them in an increasing number of situations.

Guaranteed credit cards are a phenomenon that is becoming increasingly popular. It has come to the UK from the United States, as most credit card variations have done. For people with bad credit ratings, guaranteed credit cards are extremely attractive. There are adds on the television, the internet and pretty much everywhere, that guarantee credit cards to everyone that applies for them, regardless of whether or not they seem to be in a position to afford them.

You should approach these offers with great caution. If you think about the steps that most lenders take, you will be forced to become suspicious of guaranteed credit cards. Most lenders carefully assess the risk involved whenever they lend out money. They look at your credit history, how much you earn, how much you owe and many other factors. If they find that you are of high risk, then they will either refuse to lend to you, or change the terms of the credit so that you provide them with extra security or pay higher interest rates or both.

If you hear of credit card providers that seem to be willing to forgo this important step, and simply lend you the money without looking into your finances and credit history at all, then you can be pretty sure that the interest rate will be very high. As well as high interest rates however, there will be other terms and conditions that will be less attractive than usual. You will be subject to very high penalty fees for late payment and these lenders will also be probably very fast to refer you to debt collection agencies. Therefore, if you do opt for this, then be careful, and use the card wisely.

Joe Kenny writes for Credit Card Guide, offering the latest information on credit cards in the UK, visit them today us to apply for [http://www.cardguide.co.uk/transfers.html]balance transfer credit cards and start clearing credit card debt today.

Visit today: http://www.cardguide.co.uk/

Article Source: http://EzineArticles.com/?expert=Joseph_Kenny http://EzineArticles.com/?Guaranteed-Credit-Cards---Use-Them-Wisely&id=213376

Thursday, July 19, 2007

Wireless Credit Card Terminal

Buying Credit Card Terminals
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton

A credit card terminal is an indispensable device for your business. Major features of a credit card terminal are its price, speed, and reliability. There are three major types of terminals - traditional, wireless, and virtual. Each of them has its own features and functions. Modern credit card terminals require electricity and telephone lines. The price of a basic terminal ranges between $150 and $300. Terminals with printers vary from $200 to $600. For wireless terminals, the cost is ranges from $600 to $1,000. AVS (address verification system) is a standard feature on most credit card terminals- so it is advisable not to buy a terminal without it. While purchasing wireless terminals, important factors to be considered are battery life, weight, range, and shock-resistance.

Credit card terminals are perfect for businesses of all sizes. They come in different models. Businesses already using credit card terminals need to buy extra equipments to maintain additional services such as debit card transactions and issuing and accepting gift cards. Always keep your terminals clean. Dust, crumbs, and especially paper lint can quickly block printers and gum up stripe readers.

If you choose to buy your credit card terminal online, do some preparatory research at the outset. You should consider shipping charges and any other hidden costs involved. It is a good idea to compare prices online. Also, check the warranty and customer care services. You may also consider upgrading your existing machine rather than buying a totally new one. It is advisable that you go through online reviews from knowledgeable sources. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.

Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Buying-Credit-Card-Terminals&id=353175

Wednesday, July 18, 2007

Wireless Credit Card Machines

Online Credit Card Application Methods
By Morgan Hamilton

With so many things to discuss about credit cards, you get to
know more about the pros and cons of having one. In spite of
the disadvantages however, it is realistic to say that it is a
helpful tool for everybody to manage expenses. There’s no
denying it. Credit cards are one of the main tools in
purchasing goods and services today.

You can apply for credit cards directly to the credit card
companies by filing up their information and application
sheets. Thanks to technology, it plays its role again of
providing convenient and easy to use services.

You can now find and apply for credit cards online. By simply
clicking on your mouse, you can now have an access to different
credit card companies available in the internet. You can also
transact business from a multitude of banks available in the

If you have an Internet connection at home, you have the
greatest advantage over other people. Almost a majority of the
banks features an online application system via the Internet.
One good thing about these banks is that they are willing to
approve the credit cards within 30 seconds or even less.

The process of online application is simple. After you
accomplish all the necessary prerequisites that you need to
furnish, the website will send you through email the result of
your application in just a few seconds.

In order for you to find out the types of credit cards that you
can avail, try to search in the net. You have plenty of options.
Every credit card company is obliged to post the entire copy of
their terms and conditions. You can also check on it on the
Internet. Some of the sites do not post their annual charges so
beware about this.

If your problem is your previous bad credit, worry no more
about it. Even in online credit card application, they offer a
special credit card for people with such status. Nevertheless,
there are certain restraints that are set for you unless you
recover from your bad credit record.

As of now, more and more people are applying for credit cards
online. Part of the reason for doing such is the speed and
convenience of doing so. Another reason is that, you can choose
from a wide variety of credit card companies. The sites are
providing all the possible names of the companies that offer
online credit card application.

Credit card application is easy. Everyday, an additional
website posts all the needed information in the net. Therefore,
you will have an access to a huge number of sites, if you want
to shop around, it will be easier for you.

After you have decided on which type of card you want to avail,
you click on the site of the credit card company and fill in
your details. You will be asked about your personal data of
course, be honest as possible in filing it for legality

They will check your application, review it and do a credit
assessment. If they find all the information about yourself
satisfying and they believe in your credibility, they will
instantly accept your application. There are some rules that
you also need to comply with credit card online application.
You can find them online in their website. These rules vary
from one credit card company to another.

Like direct application of credit card in credit card
companies, always abide with the regulations that they set for
you. This is also same with your credit card application

About the Author: Morgan Hamilton offers expert advice and
great tips regarding all aspects concerning Credit Cards. Get
the information you are seeking now by visiting

Source: http://www.isnare.com

Friday, July 13, 2007

Wireless Credit Card machines

Credit Card Processing
By [http://www.i-CreditCardProcessing.com]Thomas Morva

Nowadays, almost all establishments accept credit card payments. This is because many consumers make their purchases using their credit cards, and establishments who do not accept credit card payments risks losing potential sales. Given this, it is then essential for any company that intends to sell products in the market to make sure that their stores can accept credit payments. There’s good news, though! Today, accepting credit cards is usually a fairly easy process because companies can gain access to the tools that they need to be able to process credit card payments from a number of sources.

Setting up a merchant account

The first step in accepting credit cards is setting up a merchant account. This will involve locating the right merchant account provider or credit card processor. Many businesses do this through the banks where they do their business banking. However, not all banks provide credit card processing services.

A good source of information is any trade associations that a business belongs to, which may have negotiated rates with a certain credit card processor that the business could contact. Another good source of leads is from other businesses that already accept credit card payments. On the other hand, given that most processors aggressively pursue clients especially start up companies, it is most likely that these processors will contact new business owners and offer them their services.

In deciding on which credit card processor to use, it is a good idea to employ canvassing strategies, which includes interviewing each credit processor and asking them questions that can help business owners pick the right processor. Some of these questions include asking them about their fees, their rates, and other services that they provide their clients. After which, business owners then should analyze which processor can give them the best deal for the credit card processing services that they are offering.

Nowadays, no business establishment should be without credit card processing capabilities. This is because given that most people make many of their purchases using their credit cards, establishments that do not accept credit card payments risk losing a significant number of sales. The good news is that today, the tools that businesses need to be able to accept credit card payments, which includes merchant accounts, are easily accessible, as there are a large number of companies that provide credit card processing services. [http://www.i-CreditCardProcessing.com]Credit Card Processing provides detailed information on Credit Card Processing, Online Credit Card Processing, Credit Card Processing Software, Wireless Credit Card Processing and more. Credit Card Processing is affiliated with [http://www.e-CreditCardTerminals.com]Wireless Credit Card Terminals.

Article Source: http://EzineArticles.com/?expert=Thomas_Morva http://EzineArticles.com/?Credit-Card-Processing&id=255743