How does payement through a credit card works?
152895
most credit card companies will not hold you liable for more than $50.00. You need to notify them immediately by phone and follow up in WRITING ASAP. They will chargeback the money to the vendor and require them to respond with proof of the charge and proof of delivery. In most cases you will not have a problem. Just stick to your guns and don't let them push you around.\n\nEbay also has some other protections built in and available to guarantee receipt of item versus payment. Check it out.
402786
It depends on the credit card.\n\nMost credit cards require 2% or 4% of the outstanding balance.\n\nTo calculate it, multiply:\n(% of outstanding balance) x (oustanding balance).\n\nFor example, if you owe $3000, and your credit card company required a 4% balance payment, then you'd multiply:\n$3000 x 4% = $120\n\nAlso, many credit card companies round up to the nearest $1, $5, or $10.
51770
You don’t need credit card for every thing but some cases like on internet some site only accept credit card for receiving payment because credit card of any country is accepted all over the world.
1154750
You should contact (or go on-line) to the agency in your state that handles sales taxes.\n\nGenerally, the way it works is that sales made to people in your state are charged sales tax (if your state has sales tax). Sales outside your state are not charged sales tax, unless you have some presence (it's referred to as nexus) in that other state. For example, if you have employees in the other state, store product there, have an office, etc.\n\nYou can follow the link below to read more.\n\nI don't understand the credit card part of your question...
1024427
They get money for every transaction that is made. The store owner is paying them for giving you the convenience of using the credit card in his store. This is also true for debit cards. By paying cash, you are doing the businessman a favor. But CC companies are counting on you to being late so they can raise your interest rate, charge you late fees, over limit fees and they simply do not care that you have not read the fine print on your contract.
672981
Basically if you want to buy something PayPal charges your credit or debit card that amount and transfer the money into the person from whom your are buying's bank account. That way they'll never know your credit card details. When you get your credit card statement the transaction will just show up as a payment to PayPal. It works just like any other credit card transaction would on the internet apart from PayPal charges your credit card for the purchase instead of the seller. For more info visit http://www.wikipedia.org\n\nHope this Helps!
771814
A direct debit is a payment that can be set up to pay a company or person an amount of money for a set period of time. \nthe company or person will give u a form to fill in ur bank account details and sign and they will arrange the direct debit to be debited from your account every month.\nthis can be used for many different purposes such as paying off a debt or to pay your mobile phone bill or even for a subscription.\nIts really handy and makes life easier so u dont have to remember to pay the company or person every month. \nu do have to make sure u have plenty on money in your bank to cover the direct debit as if u dont your bank will charge u\nhope this helps! :)
910336
It has been a few years since I worked with an online credit card account.  However, what I remember is this:  The processing is actually done in two steps.  1) The verifying --Verifies that it is a good card, and that the amount of the sale is available in the account, and  2)  Settlement -- Settlement is when the "charge" actually happens.  I actually had to go online and select the transactions for "settlement".  This was because we were not allowed to charge the card until the product shipped.  So, I suggest that there may be a way for you to verify, but not settle.  It may be that you could void the transaction as soon as it was verified.  That part I'm not sure about.  You may also be forced to verify with an amount.  You could use something nominal, say $.50.  Again, you would then need to void the transaction.
254765
When a merchant swipes your card, the deivce either dials up or connects to a server operated by the bank used by the merchant for credit card processing.  It in turn accesses Mastercard's account database to confirm the availability of funds.  \n\nAssuming funds are available, the merchant bank approves the transaction and posts an authorization or hold to the credit card holder's account.  This "hold" is only temporary until the actual transaction is processed by card holder's bank--just like a check.\n\nAt the end of the business day, the merchant will usually complete a process with their merchant bank to finalize or post all credit card transactions that day.  In this way, a transaction that may have been subsequently voided by the merchant will not be posted and the hold will usually be removed.  This is the case in some, but not all transactions.\n\nOnce the merchant bank receives the posted transactions, it credits them to the merchant's account, less a small commission of 2-3% that the merchant bank retains as its revenue for acting as the merchant's agent with Mastercard.  I believe the bank in turn pays a commission or fee to Mastercard for each transaction processed.\n\nAnywhere from one to three days following purchase, the physical credit card transaction is processed by the card holder's bank and the hold is removed.  Should the transaction not be completed, the card holder bank will eventually remove the hold--but it can often take 10 days for that to occur.
771730
You will have to read the information that the credit card company sends you. The way it is applied can vary by company and depends on if you pay the bill in full or not. They may divide the rate by 365 and apply it daily or divide it by 12 and apply it monthly.
891042
The minimum payment on a credit card is calculated typically based on some percent of the balance or some minimum set, like $20, or $50.  \nSo, let's say the company sets $15 as the minimum payment or 5% of the existing balance (The credit card terms spell this out exactly and varies by company).  Let's also say the credit card has a 30 day "grace period" (which means you can pay off the current balance and pay no interest).  Let's also say the interest rate on the card is 20% (for simplicity):\n\nYou have a credit card with a $1,000 limit.\nYou charge $400 on it.  Your next statement would have the following:\nOutstanding Balance:  $400.00\nMinimium payment:  (5% = $20), so you payment would be $20 versus the $15; which is the company's minimum payment.\n\nIf you paid the $20, your outstanding balance would be reduced to $380.  If you charged nothing on it the next month, your next month statement would be:\n\nPrevious Balance:  $380\nInterest Charge:  ($380*20%) - $75\nNew Balance:  $455\nMinimum Payment ($455*.05) = $23.\nSo, if you pay the minimum payment each pay period, you may NEVER pay off the balance because the interest charged could be greater each month than the previous payment.  UGH! \nHOWEVER, provided you keep paying the minimum charges, you will be given a positive report on your credit rating.\n\nNow, let's talk about what you do.  \n\nMonth 1\nOutstanding Balance:  $400\nMinimum Payment:  $20\nYour Payment:  $200\nNew Balance:  $200.\n\nMonth 2 - no new charges\nPrevious Balance:  $200.00\nNew Charges:              0.00\nInterest Charged:    $ 40.00\n\nNew Balance:         $240.00\nMinimum Pay:         $  15.00 (5% is 12.00 so it's the higher of the two)\n\nAt that rate, you will pay the full balance in less than 3 months at $200 per month and would accrue a total of $48.00 over the 3 months.   \n\nNow, from a credit rating perspective:\n.  In the first scenario you would certainly get lots and lots of "good marks" for consistently paying your bill.  Over 12 - 15 months, this would look very "good" and you would have a much bigger balance that might be approaching your total limit.  Depending on your income, though, it wouldn't matter\n\n.  In the second scenario, you get "good marks" for paying on time for the 3 months you have an outstanding balance.  In 12 - 15 months, you would have that record but if you had not added other balances, etc, you would have no other credit 'history'.  \n\nA paradox?  You bet!  In the first scenario, you will actualy be much worse off in terms of your credit balance and the amount of interest you have paid on the $400.  In fact, it will be horrible.\nIn the second scenario, you will have minimized the interest, be in good financial shape, but you will not have the same "successful history".\n\nWhy is this?  Because credit is a number game (no pun intended).  Banks, Credit Card companies, etc. do not want everybody paying on time with high payments.  If people did that, they'd make less money.  Remember, a Bank sees a "deposit" as a liability and a Loan as an Asset (it's how they make money).   So, they often create weird incentives for people to screw up.  See, if you pay the minimum, they charge more interest.  If you go over your limit, they charge a big fee for doing it.  If you call, them, they may very well increase your credit limit or even be willing to issue you another card and give you a check so you can balance the payment (which they will then charge you a cash advance fee for and higher interest rate).  It's how they make money and how they get you sucked in to the point where you probably can't get out.  They have little risk because very often the actual charge against the cards were not that high, it's all the interest and fees you pay that kill you.\n\nSo, what do you do to build a good credit rating without ending up bankrupt and killing it?
204499
PayPal can be used to send and receive payments through the internet.Once you sign up for a PayPal account, you can send and receive money online.When you send money, you can choose to fund your payments from your PayPal account balance, a credit card, or your bank account. Recipients are then notified via an email from PayPal that they have received a payment from you.\n\n\nHow PayPal Works\n \n \n\nTo make a PayPal purchase:\nSelect PayPal during checkout on a merchant website or eBay\nChoose to fund your PayPal purchase with a credit card, bank account, or other source\nFunds are transferred securely through PayPal and money is deposited into the seller's PayPal account\n\nTo make a PayPal payment:\nBuyer selects PayPal as a payment option on your website or eBay listing\nBuyer chooses to pay with a credit card, bank account, or other source\nMoney is deposited into your PayPal account\nYou can transfer money from your PayPal account to your bank account, or spend it online
68485
Hi - that depends entirely on the payee, with which bank his credit card merchant account is, which point of sale machine the merchant uses-and on how that person does business.  Many credit card merchants do not process their transactions daily-some wait till they have a certain dollar amount or certain number of transactions and then make their 'deposit' of a group of transactions. Others have arrangements for their transactions to be automatically processed (these are usually very high usage merchants).  A good example of this: when you use your credit card at gas stations, regardless of whether it is a holiday or not, you will see your transaction immediately from some stations and a day or two later from others.  In addition, you may see a $1-3 charge on your account that is a 'holder' amount to verify to the merchant's processor that the card used is valid; this small amt vanishes when the real cost of the gas goes through.
705943
its a payment that U set up for an amount to come out at a certian point.  I have a standing order set up for money to come out of my account each month and go into a joint account.  If you call you bank they will be able to explain in more detail.
1054824
It works like any other debit card.  You connect the Paypal with a bank account to transfer funds in.  When you use the Paypal card, just like a debit card, it subtracts from your Paypal balance.
756299
The easiest way to do it is to apply for a new card and fill out the section of the application that deals with transferring the balance on your "old" card.  You'll have to give them your credit card number and the amount you want paid.  If you already have two cards, you may be able to pay the bill over the phone or online.  Best way to find out is to contact the company that holds the credit card you want to pay off and ask them if they'll accept another credit card for payment.  If all else fails, you may be able to take out a cash advance on the other card and use the cash to pay the bill on the card you want to pay off.
287928
The bottom line is you need to know some terms before agreeing to either the credit or debit card. You should know as a minimum: \n\nCredit Cards\n1)the annual percentage rate(apr) _ The annual percentage rate--APR--is the way of stating the interest rate you will pay if you carry over a balance, take out a cash advance, or transfer a balance from another card. The APR states the interest rate as a yearly rate. )\n\n2)grace period to pay the full balance without being charged interest(The grace period is the number of days you have to pay your bill in full without triggering a finance charge. For example, the credit card company may say that you have “25 days from the statement date, provided you paid your previous balance in full by the due date.” The statement date is given on the bill. )\n\n3)if there are any fees(Most credit cards charge fees under certain circumstances eg annual fee, cash advance fee))\n\n4)how finance charges are calculated (The finance charge is the dollar amount you pay to use credit. The amount depends in part on your outstanding balance and the APR. )\n\n5)if there are any transaction charges for such things as balance transfer, late payments, cash advance, going over your limit, etc. \n\n6) Credit limit (The credit limit is the maximum total amount--for purchases, cash advances, balance transfers, fees, and finance charges-you may charge on your credit card. If you go over this limit, you may have to pay an “over-the-credit-limit fee.")\n\n\nDebit Cards\nWhen you pay with a debit card, the money is automatically deducted from your checking account. \nMany people prefer debit cards over checks for two reasons:\n\n-You don't have to carry your checkbook and present identification, but are still able to make purchases directly from your checking account. \n-You pay your bills immediately, unlike when you use a credit card and get the bill later.