If you want to accept credit card payments on your website generally you will need to set up directly or indirectly a merchant account at an acquiring bank. PAYMILL works with several banks in order to provide the best fit for your needs and facilitates the opening process.
Posts in: Risk & Compliance
The general chargeback process exists since the 60s/70s. The chargeback process was created with the aim to protect the buyers’ rights against big companies. However, little by little consumers as well as fraudsters, found a way to utilize this process for their own gains.Today many merchants face a big challenge to manage and to understand thisRead more
If you are planning on selling goods or services online you will need a merchant account in order to accept credit card transactions. Payment processors and banks often request to review your website’s terms and conditions as well as other policies and/or information on your website before they issue you with a merchant account.