It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can in fact play a vital role in helping a person reduce or get out of debt. What Is A 0% APR Credit Card? APR is known as the Annual Percentage Rate.
In 1992, Stanford University censured a law student named Keith Rabois for shouting at a university lecturer, in front of the man's house, "Faggot! Faggot! Hope you die of aids." The incident became a cause célèbre for the group of students who, a few years earlier, had founded the proudly right-wing Stanford Review. Having bonded as a conservative shock troop in the culture wars, many of them would go on to cofound the company that became PayPal, where employees often kept Bibles in their cubicles and held workplace prayer sessions. "That was a little unique for Silicon Valley," notes Rod Martin, a Southern Baptist who was a top lawyer at PayPal. "But that was exactly the way they would want it to be."
A credit card processing machine itself can run between $300 and $900. Because you are more than likely a high volume online merchant dealing with all internet sales, you will need to purchase credit card processing software or find an online credit card processing provider.
The easiest way to start accepting credit cards is to select a merchant account provider. A merchant account provider will set up an e-commerce account for you that will consolidate all payments to your business made via credit card, debit card, electronic checks, and more.
