Frequently enterprisers think of ways for them to accept credit cards. What do they need? How about the process, is it worthwhile? Where can they get the processor? These are always the doubts of businessmen who want to raise their earnings.
A few of them even believed that in order for a business to accept credit cards online, it’s a must that you have a merchant account. But this is not always the case. even if a merchant does not has a merchant account, it’s all the same  to accept credits cards with the help of third party processor.
Third party credit card processor… What is it?
It’s a company that will let you accept credit cards online on behalf of your business. The payments made by your buyers are served by the third party’s merchant account. As the retailer, you are of course paid by the third party (subtracting of course their commission).
With the third party processor you don’t need to pay for the processing software and monthly charges.
Now, should you have a third party processor or just to have your own merchant account?
If your business is small or you have just started with a business, you don’t need to own a merchant account. A third party credit processor can be an enough help for you to accept credit cards online.
Nevertheless, if your occupation is a large company, then owning a merchant account is what you need to make acceptive credit card online possible.