Get started with online payments for your ecommerce site

Looking for a way to accept credit cards online? Learn which payment gateways can help your ecommerce business.

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Get started with online payments for your ecommerce site

Resources

Key quotes:

  • "When seeking a high risk merchant account and reliable payment processing for your online business, keep in mind that card brands require certain information to be featured prominently or to be easily accessed on your website if you want to accept their cards as a form of payment."
  • "If a compliance specialist reaches out to you about any missing gaps in your website, this handy guide will help you address the gaps quickly and easily to ensure payment processing success for your high risk merchant account."
  • "*The examples shown below will provide a visual element as to what your eCommerce business’s website must include to keep your high risk merchant account in tact and and in good working order."
  • "This criteria can be met in one of 2 ways: Note: Failure to display your return/refund policy per the locational guidance (above) could prevent you from successfully disputing a customer chargeback, and a high ratio of chargebacks could result in you losing your high risk merchant account and payment processing abilities as a whole."
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Key quotes:

  • "Use Oberlo - https://www.shopify.com/oberloNeed free photos for your store? Use Burst http://bit.ly/2E4t8zZGet Your 14 Day Free trial » http://bit.ly/1pmcSkdLooking to build an ecommerce website and create an online store? Sign up for your Shopify 14-day free trial."
  • "In this step-by-step tutorial, we’ll show you how to create your online store on the Shopify platform in under 25 minutes."
  • "For those of you who don’t know, Shopify is a fully hosted, turnkey ecommerce solution that allows you to easily setup and run a beautiful online store."
  • "We’ll take you through the process of starting a store from scratch, including how to add products, how to customize the look and feel of your site, how to set up your shipping options, how to add a custom domain and more."
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Key quotes:

  • "Originally published on the Getsocio Blog Every store owner comes to realize that his business needs to have an online presence since people all over the world are shopping on the Internet."
  • "Traditionally, to make this happen an online retailer needs: A type of a bank account that allows accepting Visa, MasterCard, American Express or any other debit or credit card payments is known as a merchant account."
  • "A bank or a payment processing company (you will read about payment processors in greater details below) will assign a unique merchant identification number to your company and your bank account in order to uniquely identify your business among billions of others all over the world."
  • "When applying for a merchant account, a bank or a processing company will review your application taking into account type of products or services you’re selling, planned total sales, countries of business operations and currencies of payment cards."
  • "non-hosted) gateways process payment details within a merchant store, and the customer never leaves ecommerce website to enter his card information."
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Key quotes:

  • "In my earlier story, I tried to help my readers understand the payment ecosystem where we learned the process/steps in a typical credit card transaction."
  • "In the Brick and mortar, merchants typically use Point of sale machine to accept payment and process transaction from different card holders."
  • "Now to accept payment from customer online, you have two options: OPTION -1 — Payment Gateway and Merchant Account So a Payment Gateway would securely transfer the payment information to the card network for further processing."
  • "Thats why you need to know the concept of Merchant Account — This is different from the Business Bank account."
  • "Scenario-2: In case as a Merchant, you want to provide a user experience to consumers where they don’s have to leave the Merchant shopping page then you can opt for payment gateway which are Non-hosted."
  • "For example — Stripe In all cases — payment aggregator or merchant account — accepting payments online requires a payment gateway."
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Key quotes:

  • "An important development for any kind of e-commerce business website is an integration between the site and payment gateway."
  • "This e-commerce website development provides a service for all customers to easily purchase your product without thinking how to send the money."
  • "Not every integration provides a lot of options for the payment gateway."
  • "Perhaps if you are Indonesian and have purchased a product in the e-commerce store, you will be directed to the payment method page where you have to choose between bank transfer, credit card, or using original online wallet from the e-commerce platform."
  • "We also provide a service to integrate with this payment gateway."
  • "You need an agency that also provides this popular bank to be part of your e-commerce payment gateway."
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Shane Customer / Spike On The Water

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