Starting a credit card processing service [Archive]

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coco

11-12-2002, 09:44 PM

1. What technical skills are needed to start a credit card processing service?
2. Could it be a one-man business operation?
3. What about costs?
Other comments and/or info are welcome!

Thanks to all that contribute.

danee

11-13-2002, 12:17 AM

Originally posted by coco
1. What technical skills are needed to start a credit card processing service?
2. Could it be a one-man business operation?
3. What about costs?
Other comments and/or info are welcome!

Thanks to all that contribute.

Well it all depends...
What type of business is going to be processing credit card payments, and for what type of service etc.

I think you need to clarify your question better.

bushmaster

11-13-2002, 07:42 AM

Is this the kind of service where you e-mail everybody and their twice removed cousin on their fathers uncles side and offer them the opportunity to get a cedit card regardless of past credit history as long as the person can provide you with a checking account # and the # off of their next check ?. :confused:

yoojie

11-13-2002, 01:32 PM

:confused:

Oh that kind? Bush - need your checking acc and the next check please.....

I'm starting a processing company. :r

Strawbs

11-13-2002, 03:13 PM

yeah! I thought you needed to offer a service to have a need to process credit card details. Guess not huh!:p

AllGamer

11-13-2002, 03:39 PM

Originally posted by coco
1. What technical skills are needed to start a credit card processing service?
2. Could it be a one-man business operation?
3. What about costs?
Other comments and/or info are welcome!

Thanks to all that contribute.

First, you need to be a Millionaire
2nd, you need to be approved by the Feds
3rd, you have to find connections with big and small banks
4th, find some loan sharks
5th, hire some bouncers
6th, you need prenty of secretary to take care of the mailing and stuff
7th, you need lots of TV, Radio, flyers, etc ADs Ads, and more Ads
8th, kick back and enjoy your cash flow

:D :t

bushmaster

11-13-2002, 03:49 PM

So! What kind of CC processing are we talking about ?.

yoojie

11-13-2002, 03:50 PM

OH! OH! Can I have a secretary too?!!! :x

Strawbs

11-13-2002, 03:56 PM

I'll just settle for the first of Gamers requirements, then I wont have a need for the rest. I could just )-| all day long!!

yoojie

11-13-2002, 04:00 PM

Strawbs,

I guess your right cause then I can have all the secretaries I want.

LOL :) :D :r