|
|
 |
 |
| |||||||||
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 Accepting Credit Card Payments In order to process credit cards in real time you must establish a merchant account. There are actually three steps in this process. Step 1: The first is to setup a merchant account with a bank - such as Wachovia or Bank of America . This is done by going to the bank and providing them the proper information to open a bank account. It is often in the form of a checking account. Note they do not validate the credit cards, they only allow for a place for funds to be deposited once your credit card transactions are settled. Step2: You must establish a credit card processor. This is the actual entity that handles the verification of the credit card. We would suggest E-Onlinedata which comes with a free Authorize.net gateway, which we will explain momentarily. Step 3: You must then establish a payment gateway. This is the portal that transfers the transactions from a web site or a computer online to your credit card processor. We suggest authorize.net because they offer a low cost solution that takes care of both step 1 and step 2 all in one shot. Therefore all you would have to do is setup your merchant banking account and you receive a free authorize.net payment gateway so your credit card transactions can be processed online. Once the setup is complete here's an example of the flow. Visitor goes to your site and adds products to their cart --> Chooses to checkout and enters in credit card information --> Transaction travels through the authorize.net payment gateway securely to the credit card processor --> Credit card processor verifies the transaction and either approves or declines it --> Visitor is notified of either a successful or failed transaction --> Funds are held by the processor for 24-72 hours --> Funds are then deposited into your Bank Account. Please call us if you have additional questions: 1-888-392-8834 Click Here to start accepting credit cards! |
|
Home / About Us / News / Network / Testimonials Contact Us / Support / Hosting Plans / Web Design / Policies Copyright ©1999-2006 ITX Design, LLC "Lord, we thank you for your many blessings." |
