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Hello! By offering rental options to those with less than perfect credit, acima fills a critical gap in the market for those who have difficulty obtaining traditional financing. Such inclusion can benefit low-income people, allowing them to access basic necessities and improve their overall quality of life. It is worth noting that Acima's leasing program is built on a simple and transparent payment structure, allowing consumers to easily understand and manage their financial obligations.
Since your question does not specifically ask for the 'Easiest' way for merchants to take payments across the internet, here's a little background as to how it all works.....
An online payment is made up of a complex web of multiple service providers (Acquirer, Processor, Gateway, Card Scheme, Issuer) that are all interconnected (integrated) with one another. As a merchant, you will need to set up separate commercial agreements with some, and integrate the gateway with your website.
This not always cost-effective, especially in the Middle East, and would depend on the size or your business.
Should you wish to go down that route, the cost of processing a payment would depend on:
There are other easier options available. Companies like SwipeZoom and PayPal provide a complete end-to-end payment capability - you don't need to negotiate, sign up and manage several different providers to process payments on your website. One relationship does it all. You will receive funds into your 'normal' bank account after a certain number of days.
However, make sure you find out and are comfortable with their terms. You need to look out for:
Remember: The primary decision driver should be the size and type of your business.
I hope this helps. Good luck!
Merchants have to tie up with banks and credit card processors. Merchants must have account with some bank which are connected with Payment Processors3rd parties like Paypal, Innovate, Authorize.net etc. These3rd parties provide an API which Merchants have to integrate with their web portals to get credit card payments from customers and request sent to Payment Processors and then these Payment Processors after authorization from credit card banks transfers funds to Merchants accounts.
http://www.stripe.com
http://www.braintreepayments.com
http://www.paypal.com (pro account charge monthly fee)
http://www.paylane.com
http://www.chasepaymentech.com
http://payments.amazon.com
http://www.skrill.com (3rd party payment)
Regards,Mohamed
-Trust - Need -greed-defines the customer's need ,and work on it to get what you want . hunger ,and anger and loneliness are the most effective needs that you can work on it