When you sell any products or services online, you need to have a shopping cart, a payment gateway, and a merchant account.
E-Commerce Stores and Shopping Carts
Shopping cart software is software used in e-commerce to assist people making purchases online.
The software allows online shopping customers to “place” items in the cart. Upon “checkout” the software typically calculates a total for the order including shipping and handling (i.e. postage and packing) and taxes, if applicable.
Shopping cart software should be easy to navigate, easy to use, and keep the process as short as possible.
Payment Gateway
A payment gateway is an e-commerce service that authorizes payments for e-businesses, online retailers, and traditional retailers. It is the equivalent of a physical POS (Point-of-sale) terminal located in most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant.
A payment gateway quickly and securely facilitates the transfer of information between a payment portal (such as a website) and the bank.
Merchant Account
A merchant account allows a business to accept credit cards, debit cards, gift cards and other forms of payment cards. This is also widely known as payment processing or credit card processing.
Merchants, or business owners who receive credit card payment for their goods or services, must apply for a merchant account typically through a merchant bank or MSP (Merchant Service Provider). The merchant account will typically be established based on several factors. Merchants who own businesses with poor or no credit may find it difficult to establish a merchant account through traditional routes.
How Can Sebo Help With My E-Commerce Website Needs?
Our clients have used many different shopping carts, various payment gateways, and a large number of merchant accounts. Chances are that we are familiar with your current e-commerce store solution. We are very familiar with e-commerce store solutions and are comfortable with helping you choose the correct solution for your needs.
