How to withdraw money from credit card number

Discussion in 'eCommerce' started by dsimi, Apr 28, 2010.

  1. #1
    how the ecommerce website owners are withdrawing money from credit card numbers?
     
    dsimi, Apr 28, 2010 IP
  2. theseller

    theseller Peon

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    #2
    That's not what you call withdraw from cc owners to website owners.

    It's what you call payment.

    People can access the webpage, the webpage can be authorized by Credit Cards authorities to process the credit cards with banks, or they need to find a payment gateway as their middle man ( like paypal, plimus, 2co, alertpay, MB). These will first check if the CC is valid by charge them a few bucks to their account and reverse instantly. 2nd, after the checking is true, they will charge their customer credit card the amount desired.

    These are the basic.
     
    theseller, Apr 28, 2010 IP
  3. atiqi36

    atiqi36 Well-Known Member

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    #3
    lol thats not how you do it. there are two things either you authorize ur sale a credit card. if you authorize it then paypal authorizes the credit card for the amount and you can change authorisation to sale within i think 10/15 days or something. if you sale the credit card the money is transferred immidiately to your paypal account. and its same with all banks or website who offer these services
     
    atiqi36, Apr 29, 2010 IP
  4. clbyodo

    clbyodo Peon

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    #4
    I dont know how they withdraw money.
     
    clbyodo, Apr 29, 2010 IP
  5. www.CaseyEquip.com

    www.CaseyEquip.com Peon

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    #5
    They use payment processing like 2checkout.com
     
    www.CaseyEquip.com, May 2, 2010 IP