What is the best option when your business is ready to start accepting credit cards for payment? The first question to ask is how you want to be able to do business with your customers. If you are selling products online, you’ll need an eCommerce payment gateway. For in-person transactions, you have the choice between traditional credit card terminals, integrated POS systems, or mobile readers. Learning about how each method works will allow you to choose the right one to meet your unique needs.

Most credit card processing methods require your business to have a merchant account set up with a services provider, which allows you to also gain access to more secure transactions and faster payments. Research potential credit card processing providers ahead of time, and get information on the supported payment terminals and other equipment, so you know what to expect when you accept credit cards for the first time.

Credit Card Processing Infographic