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Title: Internet payment gateway

Essay Details:

Subject: Technology
Author: Nathan H
Date: November 24, 2015
Level:
Grade: A
Length: 7 / 1945

Essay text:

"MO/TO" (mail order, phone order) / Internet-Based transactions]. Visa and MasterCard have different criteria for evaluating the potential risk involved in credit card transactions where the card is not physically presented to the merchant. This type of business is typically referred to as "card not present" or "MO/TO" (mail order/telephone order) merchant. For this reason, a separate merchant account is required to process credit card transactions over the Internet. In order to process credit cards online the first thing you will need is an Internet Merchant Account. An Internet Merchant Account is a relationship between a business / merchant that is selling goods or services over the Internet (you) and a merchant bank...

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