Debit CardsFrom the merchants side, purchases using a debit card are processed just like a credit card Adidas Crazy Light 2. The difference is the funds come from the customers checking account.

E-ChecksThese are just standard paper checks, but they are processed online Lebron Soldier 6. Because it is online, you do not need the customers signature but you do need the name of the bank that issued the check, the routing number and the checking account number.

The hardware and software that you need to accept debit cards is the same needed to process credit cards Cheap Kobe 7. But in order to accept and process e-checks, you need software that lets you print online checks.

You then deposit the printed e-check into your bank and wait a couple days for the check to clear Lebron 10 Shoes.When it comes to choosing the merchant account that is right for you, there are three types to consider:Retail merchant accounts will charge you the lowest fees per transaction, but they are often more restrictive than the others.

Because the credit card must be presented and swiped, these accounts are best for businesses that have a physical presence like a store, hotel or restaurant. They cannot be used with deferred processing operations.Mail order - telephone order accounts are designed for use by merchants who sell their products or services through the mail or over the phone. You enter the credit card information on a payment service providers Web site.