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E-Commerce FAQ

E-Commerce FAQ

How do I accept payments by credit card?
Firstly you need some secure method of collecting credit card details from your customer. Most storefront services or shopping cart software offers this facility. You then have the option of processing these details manually, or using an online credit card authorisation system to process the payments. This is obviously preferable, but there is an additional cost. Finally, you normally will require a Merchant Account with a bank or other financial institutions in which your payments can be deposited. Note that not all Merchant Accounts are suitable for Internet payments. It is possible to find payment processors who do not require a Merchant Account, however these companies inevitably have higher charges.

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