From Cyberlaw: Difficult Issues Winter 2010
Revision as of 10:21, 1 July 2021 by <bdi></bdi> (talk) (Created page with "[ how to start a online payment processing company] The simplest way to break in t...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

how to start a online payment processing company The simplest way to break in to the payment processing industry is by forming an independent sales organization, or ISO, to solicit merchant clients to sign on with you and route their credit and debit card payments through your company.

If you want to start a gateway service (irrespectively of whether you want to build a payment gateway or use a white-label solution), you need to take care of two aspects: a business aspect and a technical aspect.

When you enter the credit card processing industry, you'll establish relationships with merchants, banks and developers of credit card machines and payment gateway devices. Then, you can charge fees to process your clients' credit card transactions.