New Ecommerce Merchant Account Website Helps E-Retailers Save Money on Credit Card Transactions

Online, August 26, 2012 (Newswire.com) - Credit and debit cards have increasingly become the payment method of choice for payments. This is especially true of online payments with 9 out of 10 online B2C transactions taking place with credit. If online retailers want to survive in the competitive realm of ecommerce, they must not only accept credit and debit, but also offer customers options while making the payment process easy and secure.

For retailers to accept credit or debit payments online, they must sign up for an ecommerce merchant account. The account serves as a virtual bridge between the retailers' shopping cart systems and the credit card company. All customers need to do is put in their credit card information into the online form and the ecommerce merchant account provider will securely take care of the processing. That means customers and retailers are not burdened with the process of phone, mail, or fax orders.

While ecommerce merchant accounts make the online payment process simple for customers, this isn't always the case for e-retailers. Retailers often get laden with high transaction fees along with many surprise fees, such as for chargebacks. Trying to make sense of ecommerce merchant account options and fees can be very confusing for e-retailers, which is why a new website called EcommerceMerchantAccount.org has opened. Its aim is to help new and established e-retailers accept credit and debit easily and at minimal costs.

On the plus side, there are now many more ecommerce merchant account providers to choose from than in the past. This means higher competition between providers and better deals for e-retailers. According to EcommerceMerchantAccount.org, the key to getting low transaction fees, such as 0.5% plus $0.20, is for e-retailers to understand their credit and debit processing options.

In addition to advice about choosing and dealing with ecommerce merchant account providers, EcommerceMerchantAccount.org also stresses the importance of streamlining the checkout experience for customers to reduce shopping cart abandonment, such as by offering various payment options and keeping payment onsite.

Visit EcommerceMerchantAccount.org for practical advice and tips about accepting credit and debit payments online.