Credit Card Processing: What Very Small Businesses Need to Know

by Sara Angeles, BusinessNewsDaily Staff Writer | May 30, 2014 12:31pm ET Credit card processing seems simple enough: Get a merchant account and set up your equipment, and you’re good to go. But for very small businesses — such as mom-and-pop shops, one-person operations and home-based sellers — the decision to accept credit cards means […]

PayPal fixes merchant account hijacking bug

By Zeljka Zorz, 22 May 2014 Well-known and prolific bug hunter Mark Litchfield has unearthed a pretty big flaw in PayPal Manager, which would allow attackers to hijack a merchants’ account by changing their password, and consequently have access to their and their customers’ personal information as well as being able to place orders from it. Personal […]

Q&A: Does anyone know how to set up my merchant account with Ebay?

Question by tiffanykb2003: Does anyone know how to set up my merchant account with Ebay? I don’t need to use PayPal cuz I have my own merchant account. After the bidder has won the auction, how do I instruct them to pay? Best answer: Answer by imisidro If you have your own merchant account and […]

News: Amazon takes on PayPal, Google with online payments

By ERIK SHERMAN / MONEYWATCH/ October 9, 2013, 11:50 AM (MoneyWatch) Retail giant Amazon (AMZN) has just thrown down the online payment glove to PayPal (EBAY), Google (GOOG), and others. It’s another step for the company to leverage an efficient infrastructure and take a slice of as many transactions as possible, whether it is doing […]

[Q&A] How do I set up a merchant account for a website?

Question by Julian A: How do I set up a merchant account for a website? I’m creating a website to sell some products and was wondering how I got about setting up a merchant account that will accept all credit cards. Do I need a business license? Also, do I need a separate tax I.D. […]

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