Cards
What is it?
Credit and debit cards are the foundation of any e-commerce program. Consumers enter their card numbers at the merchant’s web site and a confirmation of payment is received instantly.
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| Merchant benefits |
Consumer benefits |
Applicable markets |
- Global reach — applicable in almost every market.
- Local reach — further improves reach.
- Immediacy — real-time authorization of funds.
- Fast settlement — within days of processing and in merchant’s choice of currency.
- Cost savings — local debit cards carry lower processing fees.
- Risk issues — charge-backs; numerous online programs exist to protect merchants from fraud.
- Cash flow — 2–10 days; higher ticket sizes are more expensive for credit cards; too low ticket sizes are expensive for debit cards.
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- Familiar and easy to use
- Instant access to goods
- Strong consumer protection
- Delayed payment options for credit cards
- Many value-add services
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- Worldwide
- Local cards are key in certain markets
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Interested in Credit or Debit Cards? Or in a more cost-effective Card service?
Contact us to discuss your current program or for a program bid.