How can merchants take credit card payments across the internet?

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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:

• The type of card (Visa, MC, AMEX, debit, credit, corporate, personal, etc)
• Where the card was issued (eg costs more to process a card from the US, if the merchant is in MENA, local cards are cheaper to process, etc)
• The nature of the product or service you are selling
• Your negotiation skills with the acquiring bank (based on volume, profile, etc)
• Any fraud filters you sign up for
• The payment gateway will typically charge a fixed fee (per swipe), regardless of transaction value. They may also charge a setup fee and a monthly fee. All of these are negotiable.
• You will also be asked for a deposit by the acquiring bank, to guard them against chargeback claims from your customers

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:

• How many days will it take for me to receive proceeds from a transaction?
• What currency will I get paid in?
• What currencies will my customers be able to pay in?
• What payment methods can my customers pay me with? Remember: Not everyone has a Visa, MasterCard or American Express card!
• Who is responsible in the event of a fraudulent transaction?
• Per-transaction fees
• Setup fees
• Minimums

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.

The most famous companies in the merchant services

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)

* Please keep in your mind that you need to open merchant accountTax id number, US company, SSN, physical us address, US phone number.

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