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06 Sep 2010

Support Center » Knowledgebase » Is Cyberbit a 3rd Party Processor and what is it ?

	Is Cyberbit a 3rd Party Processor and what is it ?

Solution No, Cyberbit only provide Merchant Accounts where the merchant has a direct relationship with the bank.

A 3rd Party Processor is a company which has an arrangement with a bank and where you as a Merchant is allowed to
use the companies Merchant Account to process credit cards.

This is in most case a good solution for start-ups but in case that you find a unknown company also very risky.

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29 Nov 2006 03:43 PM

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