Credit card payments

[sherrardk]

Is there any way to accept a credit card payment without one of those machine things? Thanks.

[vodkancoke]

Paypal?

[MarkRae]

You can accept payment via credit card only if you are a merchant with an agreement to a merchant acquirer.

However, if this is for a personal transaction, can't the payer simply transfer the money from their credit card to your bank account using its sort code and account number?

[Ellipsis]

If you're an online merchant, you don't need a terminal. You can just process payments through your website.

You'll still need a "Payment Services Provider", which can be a bank, such as Natwest Streamline or Barclays Merchant Services, or an intermediary such as Worldpay or Paypal.

[sherrardk]

Thank you all - any ideas how long it would take a credit card payment through Paypal to become actual cash (ie - money in the bank)?

[Ellipsis]

I assume you're asking on behalf a business, as you've posted in the Business section.

In that case the answer is "minutes":

https://www.paypal.com/uk/webapps/mpp/solutions

Our business has a Paypal account and we can transfer money to the bank very quickly, as that URL states. However, setting up that bank transfer process was a bit of a pain. It was some time ago, however, so now it may be far easier ...