Examples Of Electronic Payment Processing Services
Electronic payment processing services are basically services, which provide electronic funds transfer services to business and end users. These electronic payment processing services generally charge a particular percentage of amount being transacted and can make money available any time and almost anywhere in the world. The most common of the electronic payment processing services is the PayPal service of eBay. Apart from this, other electronic payment processing services are provided by NoCreditCard.com, Velocity Payment Services, NetBilling.com, CCBill.com, 2CheckOut.inc, Authorize.net, etc. Apart from this ProphetPay has also come up as a nascent provider of electronic payment processing services.
PayPal is the king of all electronic payment processing services. It just requires an email account and a bank account. When it started in 1998, this was the simplest to begin with electronic payment processing services provider. Like all eBay products, the main focus of PayPal started with an eBay intensive service but has gradually developed as the de facto electronic payment processing services provider in the world because of its reliability and wide reach in 190 countries. PayPal electronic payment processing services are now under PayPal, Inc and have won 20 awards including the 2007 Webware award for productivity. Electronic payment processing services provided by Velocity payment services are more business focused and provide business-oriented tools for electronic payment processing services. Velocity claims that it will only make you use the services you need, not those, which are useless for you. Velocity was also started in the 1990s and is based in Virginia. This electronic payment processing services provider has special evaluation tool to analyze the amount to be paid by a business for availing electronic payment processing services. Electronic Group Interactive S.L. provides electronic payment processing services by the brand name NoCreditCard.com. This electronic payment processing services provider started operation in 1996 and has focused on providing electronic billing services to businesses. At present this electronic payment processing services provider is the biggest in area while getting 6 million daily hits. This electronic payment processing services provider is spread almost all over the world and provides localized billing support to the companies who avail its services. Authorize.net is an electronic payment processing services provider, which acts as a secure payment gateway for merchants interested in selling their products online. Established in 1996 by Lighthouse, Inc, Authorize provides services to more than 160,000 merchants. However this electronic payment processing services provider does not sell services in the market directly, rather a network of service resellers or merchant account providers have to be contacted. This means that by conducting a thorough market research, one can get the best deals for electronic payment processing services provided by Authorize.net. |