The main component of an online business is to be able to accept credit card.
Many consumers be they old or young, credit card is not something unsual that they have and it seems to be embedded into their lives. But in order to be able to accept credit card retailers be it online or traditional, a merchant account is the vital mechanism to be able to process your customers payment.
As a business person, we know there are no free lunch. There are cost associated to have a merchant account, of course there are competitive merchant account providers that are able to assist business person like you and me with lower transaction rates.
