Payment Gateways

When customers make a purchase online, it’s still a lot like buying something in a physical store in some ways. Your customer selects your item, puts it in their shopping cart, goes to the cashier, makes their payment, and receives their item. The main difference with virtual shopping is, of course, that they don’t need…

If you are confused by all the terms bandied about around accepting credit card payments you are not alone. Many small business owners feel intimidated by all the names and technical terms used in the card payment industry and are not sure if they can keep pace with it all. That is why choosing a…

Accepting card payments online can be a great boon for your business, especially if you operate in e-commerce. In fact, without debit and credit card payments, it’s exceedingly hard and inefficient to run an online business. However, some business owners are weary of the entire process, because it may seem complex or obscure. In this…

A payment gateway is used to validate the credit card details of a customer in a secure manner. It is considered the equivalent of a point of sale terminal in a brick and mortar store, except that it’s for online transactions. The gateway will pass the customer’s financial information from the Internet to the banking…

When customers buy something from your physical store, they swipe their card through an electronic card reader. It might be attached to the cash register, or it might be a portable unit that your server, delivery person, or shop assistant brings to you. On the other hand, when they’re buying something on your website, they…

Adding online capabilities to your business can help you reach a whole new audience. Whether you have an e-commerce store, or if you simply would like to sell goods or services online, accepting credit card payments through your website is convenient for both you and your customers. Merchant Accounts and Payment Gateways Merchant accounts usually…

Accepting online payments can be the next step in growing your business. However, setting everything up might be a little confusing, especially if you are just launching your first online store. If you’ve done some preliminary research on the matter, you may have run into terms such as merchant account and payment gateway. Since these…