How to start Credit Card Processing Site ?

Discussion in 'Payment Processing' started by priyakochin, Jul 14, 2007.

  1. #1
    Just to know !
     
    priyakochin, Jul 14, 2007 IP
  2. myfrogger

    myfrogger Well-Known Member

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    #2
    What exactly are you trying to do? Start accepting credit cards directly for purchases on your website or set up a processing service similar to paypal? Or something in the middle? Or neither? LOL...You're very vague!
     
    myfrogger, Jul 14, 2007 IP
  3. priyakochin

    priyakochin Banned

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    #3
    I want to start a system like 2co that can process CC !
     
    priyakochin, Jul 14, 2007 IP
  4. RogerWilco

    RogerWilco Peon

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    #4
    I wouldn't bother unless you have bags of cash. You'd need dedicated hosting, a high quality SSL like this one. You will also need a merchant account so you would have to have an excellent business plan to show your bank as setting up a CC processor would be high-risk.

    PLUS depending on what country you live in you might need a licence. Australia for example you'd need an Australian Financial Services Licence.
     
    RogerWilco, Jul 14, 2007 IP
  5. priyakochin

    priyakochin Banned

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    #5
    Thankz !
    It just for knowledge and I don't have enough money to start a new biz now !:p
     
    priyakochin, Jul 15, 2007 IP
  6. designerz

    designerz Banned

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    #6
    You can initially have a tieup with some bank and you can carry onn with your own brand name....percentage will be paid to you bt the bank...
     
    designerz, Jul 16, 2007 IP