How to know if a payment processor out there is legal to do this business - Please he

Discussion in 'Payment Processing' started by RoseConsuelo, Nov 28, 2011.

  1. #1
    Hi

    Today , my online friend introduced a payment processor website to me and it is completely new to me as i have never heard of it , but he says its good bla bla...but when i register it ask me cc details so i am bit hesitant to know wether actually the payment processor is legal in business

    So , my question is

    how to know that a payment processor is legal to do that business , say how we know paypal is legal to do payment transactions ?


    Thank you
     
    RoseConsuelo, Nov 28, 2011 IP
  2. paymentagent

    paymentagent Peon

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    #2
    Hello!
    Well , you must be sure where you enter your personal information. Check SSL certificate and maybe PCI. In most cases after clicking "buy now", you will be redirected to Bank's page, to enter all necessary information, it's safe.
    Paypal is out of law :p
    Have a nice day!
     
    paymentagent, Nov 28, 2011 IP