subject: Allied Wallet: Accept Credit Cards Online, Tap Into the Online Market [print this page] Allied Wallet: Accept Credit Cards Online, Tap Into the Online Market
The times are tough if you are a small or individual business owner. The economy is on a very slow recovery path and a lot of business owners have suffered setbacks in revenue and profitability as a result. However, it is in times like these when a business has to consider their business model to see what they can do to come out as a winner through a tough period.
One of the ways to do that would be to expand the business online. The Internet is a growing medium, and it has been growing for a good number of years. Estimates suggest that more than 600 Million credit cards are in circulation in the U.S. as of January 2010. A significant amount of these credit cards users use their credit cards online. More and more people search online to find the best deals. The Internet marketplace has allowed for businesses to reach out to customers who could have never been reached otherwise. For a business owner to set up a business online, the costs are minimal as a website is quite cheap to open and maintain. However, many business owners struggle to find an affordable payment processor as most of the well established payment processors charge exorbitant fees for the use of their platform.
This is where companies like Allied Wallet can make a difference. Allied wallet can accept credit cards on behalf of your business before reimbursing you the money involved in the transaction, for a small commission. A customer will need to be convinced about the authenticity of the payment processors before they make a payment. There are so many payment processors where a customer will just abandon the purchase process as they will not find the payment processor trustworthy enough to enter their credit or debit card information.
Companies like Allied Wallet have been accredited by a number of reputable organizations such as the BBB or Better Business Bureau and PCI Security Standards Council. Their payment platforms are being used more and more everyday and customers find their payment systems trustworthy to enter credit card information and make a purchase.
Allied Wallet will allow a small business owner to accept credit cards and debit cards in many different ways. One can choose to send an online customer to the Allied Wallet website to complete the transaction. Some business owners might not prefer to send the customer to another website to make the sale. If that is the case, Allied Wallet can provide a solution here as well as it can integrate their payment system onto your website which will enable the user to make the purchase without ever leaving your website. For those business owners who are looking for ways to accept credit cards through an online payment processor or over the phone or through fax, they can still use Allied Wallet to accept credit cards through their Virtual Terminal system. This system will essentially allow a business owner to use Allied Wallet just like how a credit card machine is used in a store. The user can key in the credit card number that he might get on the phone or through a fax and complete the transaction online. They can also simply send the customer to the online payment system so they themselves can complete their online payment.
