Telephone Credit Card Processing

Telephone credit card processing services have been around for a very long time. Even with today’s advances in technology, there is still a large market for taking orders and accepting credit card payments over the telephone. Baby Boomers even some Generation Xers still feel more comfortable using the telephone—a method they are very familiar with. They are often intimidated by the Internet or any other computer or technology based options, and they rely on what they know. When these customers are able to hear a voice on the other end of the phone and can have their questions or concerns addressed immediately, they have a higher level of confidence in their purchase. Thus, the need for telephone credit card processing is still very much alive.

How it Works

There are three basic methods for processing credit cards over the phone. The first is maintaining a computer system that has access to the processing unit from each terminal. The information is input into the system and directly processes through the gateway. The second is to collect all necessary information and have one or two representatives enter the credit card data into a centralized processing unit at the end of each day. And, the last is mobile credit card processing. This is for business owners that want to key data through a cell phone or touch tone phone into an automated telephone system that will provide confirmation numbers –much like accessing your banking information over the phone.

Which Telephone Credit Card Processor is the Best?

Creditcardprocessing.tv is a unique review site that has been developed to assist merchants in determining which credit card processing company makes the best fit for their business. At the top of this page are our reviews of the three telephone credit card processing companies that ranked highest in their field. Our reviews are based on site uptime (the amount of time the system is up, running and available for use), fee schedule—including cancellation fees and per transaction fees, length of contract, and percentage rates.