I’m starting an internet business and will need to accept credit card payments. Should I use something like paypal or should I just get my own merchant account and payment gateway? From my initial testing, my sales look very promising and I’m expecting a lot of business.

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-Magnetic swipe cards
-Only needs to add and subtract numbers on the card
-Uses existing verifone credit card terminals

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I need to create groups of accounts for a company in Tally or other accounting software. I have 2 merchant accounts with different credit card companies. One of them credits my account in their bank and only sends me a statement of amount and commissions – other sends me a cheque after deducting the commissions. – How do I account for such accounts while making entries in to accounting software? Thanks for your time and help.
I appreciate your answer Mr. Soni. My question was for a merchant account where customers pay me using their credit cards and then I receive the amount from credit card company. One directly credits my account with them while the other sends me a cheque. How do I open these accounts – under which group? Thanks again for your time.

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I’ve owned one in my store for a long time, but never once used it. I was wondering if someone can give me the detailed process on how to use the machine. My terminal model is Lip Nurit 2085. If this will do any help.. http://www.instantweb.com/g/globalcheck/product.html
What are the use of these buttons? Such as Batch and Report, etc..

Posted by Robin Hood