How to Process International Card Payments

How to Process International Card Payments

Credit cards have become an essential part of shopping online. They provide convenience for men and women who are looking for something specific that can only be purchased online. One of the best ways for you to increase the sales for your business is to accept international credit card payments as well as domestic credit card payments. Taking advantage of credit card processing services that allow international payments can open up an entire customer base that was not available for your business before.

Getting a Merchant Account

Before you can process international credit card payments, you will have to apply for merchant accounts with an online bank or a local bank. A merchant account is required in order to provide communication between your store and the credit card provider. When you are choosing a merchant account, it is important for you to get a list of all the international credit card companies that the merchant accounts are able to authorize. This will require some research in order to figure out which company can provide the best possible results for your own business. You should remember to ask about possible extra fees that your provider might require. Some merchant account providers have extra fees if the customer wants to accept international credit cards.

Installing the Software

Getting the merchant account is not the only thing that you have to do in order to process international credit card payments. International credit card processing requires specific types of software. If you do not install credit card processing software to your website, you will not be able to authorize international purchases. It might be a good idea to contact the provider of your merchant account. You should find out what is compatible with your account. In fact, quite a few different providers already sell or lease the software that you need in order to make this possible.

Running into Problems

If the international payment cannot be authorized, you may want to ask your customer to call his or her credit card company. There are cases in which the customer will need to verify that they are making an international purchase. Many different credit cards will decline international purchases automatically. In order for the international credit card payment to go through the customer might have to provide confirmation.