Access Globe Hosting has teamed up with leading US merchant account provider e-onlinedata and Authorize.Net to provide a low-cost Internet Merchant Account and Payment Gateway bundled Solution.
For your convenience, this "all-in-one" solution is pre-integrated to the shopping carts we provide below.
Please click the following link for more information and to sign up for e-onlinedata's Internet Merchant Account and Authorize.Net Payment Gateway services using our secure Online Application:
Merchant accounts, payment gateways, shopping carts - it all gets pretty confusing when you start looking into the various aspects of ecommerce.
Let's briefly recap the nuts and bolts of the process of online sales using credit cards.
1. Customer visits your site
2. Customer clicks on a "buy me" button after reviewing sales copy
3. The selection is added to the shopping cart.
4. Once at the 'checkout', the customers' personal and financial details are recorded via a secure form. Secured with your own SSL Certificate.
5. Details submitted from the form are transmitted to a payment gateway service, which is separate to the cart. The gateway service securely routes the information through the relevant financial networks.
6. If the transaction is successful, the customers' credit card account is debited and your merchant account is credited.
7. Once all funds have cleared, you are then able to transfer money to your ordinary business checking account.
Merchant Account
A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account also serves as an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.
Payment gateways
A payment gateway is a separate service and acts as an intermediary between the merchants' shopping cart and all the financial networks involved with the transaction, including the customers' credit card issuer and your merchant account. Think of it as a terminal in cyberspace. It checks for validity, encrypts transaction details, ensures they are sent to the correct destination and then decrypts the responses which are sent back to the shopping cart.
This is a seamless process and your customer does not directly interact with the gateway; as data is forwarded to the gateway via your shopping cart and a secure (SSL) connection. The shopping cart is configured via plugins to send information in a format that is acceptable to the particular gateway.
The proper choice of payment gateway is another vital element which will contribute to your success or failure as an online business. This is why we use Authorize.net. They are the leading payment gateway in the industry.
This is why we provide a one stop shop for your merchant account, payment gateway, shopping cart, dedicated IP number and SSL Certificate to start your online business with ease.
To get started click the below link and fill out the form:
