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Online Payment Processing - Payment Gateways

Time:2010-02-05 18:57:42  Source:Ezinearticles  Author:Wayne Hamilton

If you have a web site and want to be able to use online payment processing to accept credit cards, one of the first things needed is an online merchant account. This allows you to accept credit cards for purchases. For each card you wish to accept, you must apply to their specific networks. If you are using a credit card processor, they will collect and submit the applications for you. There are fees charged at the time of set up, as well as monthly and transaction fees. Some are flat fees, while others are based on a percentage of the sale price.9b2Free Articles Directory | Hostsee.com

Although accounts for online payment processing can usually be set up in just a few days, it is better to plan for at least a week. This will give you time to work out any glitches that occur and ask any questions you may have. A payment gateway connects your web site to the merchant account. There are three different types of gateways to choose from. One of the most popular is an API, or Application Programming Interface. It works behind the scenes with your online shopping cart. The customer never actually sees it at work.9b2Free Articles Directory | Hostsee.com

They just know that their payment has been accepted. The only step you need to take is to have a "secure certificate" installed on your server. They are relatively inexpensive and are valid for a year. Another option for online payment processing is to use a third party gateway. It transfers the customer from your site to the vendor's to accept payment. Although it is a relatively simple process, the customer notices the difference and is often unsettled. As the transfer is not transparent, you may find that many customers who begin the checkout process never finish and you lose sales.9b2Free Articles Directory | Hostsee.com

An integrated payment gateway is the third option. This is often used for small businesses that are just getting started online. They do not require a separate merchant account and the gateway can take care of the online payment processing details. Their fees are usually a bit higher, but you can get started immediately. The Internet has become accepted by the mainstream public as a way to place orders for products and services as well as to pay bills. A secure gateway with the proper merchant account can help you increase your bottom line and improve cash flow.9b2Free Articles Directory | Hostsee.com

Articles are for National Processing their quality of service and and low cost will save you time and money with their Online Payment Processing. Please contact one of their representatives by phone at 800-403-8182 or online.9b2Free Articles Directory | Hostsee.com

(c) Copyright - Wayne Hamilton. All right Reserved Worldwide.9b2Free Articles Directory | Hostsee.com

Article Source: http://EzineArticles.com/?expert=Wayne_Hamilton 9b2Free Articles Directory | Hostsee.com

Wayne Hamilton - EzineArticles Expert Author

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