There are also different ways to operate your business. You might launch an internet website and tap into the worldwide market that is found in e-commerce or create a home business that sells products through catalogs. Those creating a small business from a store may also need advice on handling customer/client payments. When you are planning your product or service website or store location, you will need to set things up so that you can handle credit card transactions or other payment methods. There are three main methods: ACH (Electronic Check Processing) Card Swipes/Credit Card Processing Pay By Phone/Internet/MOTO With an online store or service, you will not deal with card swipes that require a customer to sign a credit card slip. This credit card process is reserved for stores, restaurants, and other companies where a client or customer walks in to make a payment. Online stores will handle credit card processing using the customer's credit card information and the three-digit security code online. There are other items that online stores and physical store locations must consider. Foreign international transaction processing are going to come with additional fees and higher interest rates. High-risk companies (higher priced items, adult-only items, internet dating sites) also face higher fees for credit card transactions. Companies who have had a number of charge-backs/credit card reversals may be extended credit card fees than other businesses that are less risky. Before setting up any credit card checkout, it is important to look into the different fees charged by banks. With the advent of the internet and the dependence on credit cards, many shoppers are learning to leave their credit cards behind and rely on merchants who use electronic check processing. This way, customers or clients can use their checking account and ignore high-interest credit card accounts. ACH (Electronic Check Processing) is a must for any online business. The fees involved in ACH are usually minimal, though bounced check fees will apply just as they would if you accepted a personal check. This is a general introduction into the different payment methods that you can accept, but ultimately you must make the choice that best fits your business. If you know the fees may be too excessive using foreign credit card transactions, you should look for suitable alternatives. As time progresses, you can always adapt your methods and create new payment formats without stretching your starting investment too thin.