“E-Commerce” Posts

Grow Your Business By Offering an Ecommerce Credit Card Processor

Grow Your Business By Offering an Ecommerce Credit Card Processor

As a business owner, you’ve probably lost count of how many times you’ve heard that e-commerce is the way of the future. At the same time, with in-store spending at brick and mortar locations predicted to make up nearly 90 percent of all retail sales in the United States in 2019, you might also be wondering whether e-commerce is overhyped. The short answer is it’s not. Though online sales, whether from desktop or mobile devices, might only represent a small percentage of business right now, here are six key reasons why offering an ecommerce credit card processor…

How to Get an Online Merchant Account

How to Get an Online Merchant Account

With the exception of choosing a credit card terminal, getting an online merchant account is no different from setting up a standard merchant account for brick-and-mortar use. The process is exactly the same, comprised of an application process and the submission of supporting documents. Acquiring an online merchant account is one thing, but its components and how they fit into the overall structure of online processing differ significantly from those related to a standard merchant account. Before we jump into the disparities, let’s do a quick review of the mechanics behind online merchant account processing. Online Merchant Accounts: How…

What Is a Payment Gateway?

What Is a Payment Gateway?

Did you make an online purchase this week? Then you used a Payment Gateway without even knowing it. A Payment Gateway provides a safe method of transferring cardholder data from a website to a payment network for processing. It communicates the confirmation of sufficient funds and the transaction approval back to the website. It’s the technical glue that connects the point of sale to the payment network and is unique to card-not-present, online payments. Now, if you’re looking to accept online payments, you may be wondering how a Payment Gateway fits into the process. After all, there are…

The Basics of Online Credit Card Processing

The Basics of Online Credit Card Processing

Whether you’re just starting your first business or breaking into e-commerce after years of success with a retail store, there are a few foundational things to know about online credit card processing. In this post, we’ll cover the need-to-knows of online credit card processing to ensure a smooth start. What’s Required For Successful Online Credit Card Processing Online credit card processing requires multiple services and providers. These include: A website hosting platform A shopping cart software A Payment Gateway An online merchant account These providers work together through integrations to provide a seamless user experience for both…