How To Accept Credit Card Payments Without A Merchant

Posted by Brian Latch on December 3rd, 2021

The world of payment is constantly evolving. Back in the day, customers always had to move around with a wallet full of cash since that was the only way they could pay for the goods they purchase. However, all of that changed with the advancement in technology. These days, you can make or accept payment at the swipe of a card. And honestly, the process of accepting a credit card payment is simple too. All you need is an active merchant account. And these days you can also opt for an online merchant account.

But what about the sellers who want to accept payments online without a merchant account? Is there is provision for that? You would be surprised to know but there is a way. If you are looking for a way to run your business without payment for processing software and hardware, you should look into a third-party merchant. But for that, you first need to know how a third-party merchant works.

A third-party merchant is a company that accepts credit card payments on your behalf for a certain fee and sends you a monthly payment for the amount you are owed. This process is simpler to choose especially for the merchants who have a poor credit score and run a small business.

With the advancement in this technology, the number of companies providing this service has increased too. For the betterment of your business, choose to work with reputable companies and avoid opting for a payment gateway without company registration. When you choose to work with reputed companies, the customer would be happy to buy goods from you since they can rest assured that their credit card information will be safe.

We hope this article has answered your question.