What do I need to take credit card payments over the phone? How much are transaction fees?
Taking credit and debit card payments over the phone is similar to taking payments in person. You can take card payments from customers over the phone with a card payment terminal or an online card payment gateway. With a standard debit/credit card machine the customer communicates the card number and you enter the data as if the customer were in front of you. Transaction fees for this type of payment may be higher than for an actual face-to-face transaction, as there is more risk involved.