Credit has become a principle financial and merchandising tool of most businesses--both national and international--including other private and public organizations, as well. A majority of businesses have online "stores" which utilize credit for the convenience of their customers, thus increasing sales and revenue. The Credit Card Online Service enables businesses to add ecommerce to their websites. It also allows modern consumers to purchase online whatever they want, whether merchandise or services.
Since more people are using the internet, they can buy anything at any hour, day or night, and from any place they may be--whether at home, at the office, a caf?, or airport. All that anyone needs to participate in online shopping is the internet connection and the credit card. Other organizations will also use the Credit Card Online Service to establish online access for consumers. Some of these organizations will include the following: colleges in taking payments for tuition; state departments of public safety in collecting fees for licenses and renewals; and even religious or public service groups in garnering financial support.
One Credit Card Online Service is Caledon Card Services which provides ecommerce solutions to over 50,000 accounts in North America with merchant services and online credit card gateway processing, which securely accesses the credit card information and payment for "real-time" processing. Caledon Card Services handles over 25 million transactions worth over $3 billion and increasing each year. Another service is Flagship Merchant Services which also provides businesses with the ability to process transactions and to authorize credit cards in the same manner. Serving clients that range from smaller non-profit associations to much larger clients, such as North American airlines, it offers custom tailored ecommerce applications for every financial need.
Both online services set up merchant accounts to accept such major credit cards as Visa, MasterCard, American Express, and Discover Network. These services also set up a virtual shopping cart and virtual check-out for businesses allowing customers to shop for one or more products or services online. Additionally, the Credit Card Online Service helps businesses and organizations smoothly operate and maintain all their transactions and records via the internet. The Credit Card Online Service helps them not only to effectively and efficiently operate online but, also to profit successfully in the worldwide web of internet commerce and finance.