However, nowadays, with a myriad of websites offering third party support, you may not even need any or all of these to conduct online transactions.
If you're wondering how to accept credit cards in the Philippines with Email Billing, it's possible and currently available. YESpayments, a Philippine based company, who provides an internet payment gateway for E-commerce, offers this convenient service for entrepreneurs who intend to charge their customers or clients via credit card.
The customer then receives the e-mail with instructions on how to pay, which is basically clicking on the link redirecting them to the YESpayments website for the credit card transaction payment facility. Everything else is securely provided by YESpayments so the entrepreneur need not worry about credit card fraud, security issues, a merchant account nor confirming payment.
Furthermore, the service isn't ideal only for physical goods but also with services rendered, which makes the option flexible. Surely, this makes entrepreneurs easily accept credit cards in the Philippines with Email Billing, without spending a lot on resources. To learn more about YESpayments, you can visit their website at http://www.yespayments.com.ph.
so is "yespayments" what you would call a 3rd party credit card processing site? it doesn't seem like a merchant account to me... what kind of equipment, if any, do you need?
ReplyDeleteYes, it's a credit card processing service for your products. They provide a "virtual merchant account" where you can accept credit card payments without having to apply for a merchant account from a bank.
ReplyDeleteIt's convenient because there are stiff and strict requirements to apply for a bank merchant account.
With Yespayments, you don't need to go through the bank requirements. Just pay their monthly service fee and you're off. :)