Merchant
Accounts explained
Unlike retail physical
stores merchant accounts
where the card-holder
is actually present
at the time of purchase,
selling on the internet
of via call centre requires
a card-holder NOT present
type of merchant account
so as to accept credit
card payments "at
a distance".
Because the credit
card transaction is
undertaken "at
a distance" the
banks regard "card
holder not present"
type of merchant accounts
a higher risk proposition
than a bricks and mortar
regular merchant type
account. Nonetheless,
you must have a "Card
Holder not Present merchant
account" enabled
with a payment gateway
providor in order to
accept credit card payments
on the internet.
Zipzap Payment Gateway
have provided BNZ Merchants
with multi-currency
credit card payment
processing services
to New Zealand Merchants
for more than 7years.
We are a leading providor
of merchant aggregation
services to the BNZ,
and an ETSL Certified
Solution Providor for
Paymark supported banks
BNZ Multi-Currency
enabled merchant account
Should you
want to sell in i.e
USD / EURO /HKD /AUD
and also sell in NZD,
in other words your
products are listed
in this currency on
your website. Then you
will require a BNZ Multi-Currency
Enabled Merchant Account.
Where to go
for further information
Contact the your bank
to arrange for a Merchant
Account or contact BNZ
Merchant Account Services
- Ph 0800 737 774 and
ask about the Buyline/Currency-Select
Merchant Account, this
type of account will
allow you to sell in
multi currency and settle
(receive) the proceeds
in NZD.
Or Click
here to apply for a
BNZ merchant account
online.
Or Click here to
visit Zipzap
Payment Gateway's website
for detailed information
.... more information
is available on the
next step - payment
gateway ... |
