cramerjohn004
Forum Regular
Join Date: 12.10.2021
Posts: 414
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Posted: 9.23.2022 6:46:39
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Mail or telephone order (MOTO)
Accepting payment by mail or selling merchant processing services telephone allows you to reach customers who prefer to pay by telephone or mail. MOTO accounts have the advantage of not requiring terminal equipment. Unlike traditional accounts facilitated by terminals, they typically feature high discount rates and low monthly fees.
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E-commerce accounts
When you accept online payment, you open up your business to millions of people that can''''t travel to its physical location(s), as wells as people who prefer to shop online with a charge card. E-commerce offers the opportunity to invest in Web based sales as opposed to adding physical locations. E-commerce accounts typically feature medium range discount rates and mid-range to high monthly fees.
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