Credit Card Processing North Dakota

Accepting your customers credit cards is more complicated then it looks. With so many different banks around North Dakota and third party merchant providers offering credit card processing solutions it helps to have a concise overview of the various transaction fees, discount rates and technologies to consider.


1. Local & National Companies

Providian Financial Corp
(701) 293-0892
Fargo, ND
Checkcare Systems
(843) 767-3364
4790 Trade St Ste A
Charleston, SC
American Multicredit
(954) 229-3011
1000 Corporate Dr Ste 320
Fort Lauderdale, FL
Merchant Services
(208) 467-9644
1224 1st St S
Nampa, ID
E-Net China Inc
(206) 287-1794
608 8th Ave S
Seattle, WA
Bancard Inc
(609) 924-1376
Princeton, NJ
R C Publications
(262) 789-2749
200 S Executive Dr
Brookfield, WI
Travel Magic of Florida
(305) 573-2800
600 NE 36th St
Miami, FL
Cardservice New Accounts
(951) 243-6148
Moreno Valley, CA
Quantum Group
(248) 626-5200
28580 Orchard Lake Rd
Farmington Hills, MI


2. Credit Card Processing - Info


Whether you conduct business online, offline in North Dakota or both you will at some point consider accepting credit card payments from your customers. The decision to allow credit card payments may be a simple one; however, selecting a merchant account provider is complicated and can have a real impact on your business not to mention your bottom line. Unfortunately, not all merchant accounts are alike. You’ll soon learn that providers have different approaches to rates, fees, limits, not to mention customer service – and finding the right match for your business is critical. The remainder of this guide will break down the process and key considerations to enable you to find the right solution.

3. How Credit Card Processing Works

How Credit Card Processing Works
Without getting too detailed and caught up in all the possible exceptions, here’s what happens when a credit card is processed:

1. Merchant processes card with a point of sale unit or via software if online.

2. Data is transmitted (card info, sales amount) to the “acquiring” bank.

3. Acquiring bank requests authorization from the “card-issuing” bank.

4. If accepted, acquiring bank processes the transaction and sends approval back to the merchant.

5. The merchant reviews the transactions and transmits confirmation to acquiring bank for deposit.

6. Acquiring bank then requests and receives funds from the card-issuing bank.

7. Acquiring bank then deposits funds into the merchant’s account.

4. Basic Fees


Needless to say, all parties involved in this process benefit (take a cut). Here are the primary fees to consider:

  • Set-up fee – one time fee for getting started
  • Transaction fee – merchant pays a fee for every transaction
  • Discount rate – flat % charged to merchant for every transaction
  • Chargeback rate – rate of monthly sales “held” in reserve to offset any fraudulent transactions
  • Chargeback fee – there is often a fee for charge-backs
  • 5. Featured National Company

    Merchant Warehouse

    866-599-3217
    Baltimore, MD

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