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Five Questions to Ask Yourself Before Starting a New Business
Owning a home used to be the “American Dream.” However, this long-standing goal that so many aspired to, and ultimately reached, has been replaced with a new goal -- becoming a business owner. At first glance it sounds perfect: Leave the...
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Slash Your Phone Bill in Half Now!
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Fundamentals for online business is through credit card processing

According to frontpages-web-hosting.net nowadays business is expanding through the internet. Money transactions are the major part of the businesses. So the transactions are through the credit card processing. To accept credit cards, you must establish merchant accounts a special bank account for handling the revenue from credit card transactions. Your merchant account provider (MAP), a bank or other institution that processes online credit card transactions, will verify the credit card, process the transaction, and deposit the results into your account, usually within two to four days. If you operate a brick-and-mortar store and use a merchant account, the same vendor may be able to process your online transactions directly through a commerce-enabled Web site with Web-based credit card processing software. Some MAPs will not allow a large volume of purchases to be made when a card is not physically present; for example, for charges made over the Internet, or by phone, fax, or mail. If you have such an MAP, you will need to obtain a separate merchant account to process your online transactions. This situation arises because financial institutions and the Visa/MasterCard card associations have different criteria for evaluating the potential risks of credit card transactions when a card is


not present. A variety of fees and other expenses are associated with online merchant accounts.

As per webtransitions.com ,Credit card processing for an e-commerce web site seems to be one of the most confusing issues for businesses doing business on the web for the first time. Actually the reason for the fact is that e-commerce credit card processing is quite confusing. There are at least five elements that have to work together. Your shopping cart or e-commerce solution gathers the necessary information about products being ordered, taxes, shipping charges, customer billing information and shipping information and prepares it for presentation to the payment gateway.The payment gateway is nothing more than an interface between your e-commerce solution and the transaction processor. It takes the information provided by the e-commerce solution and passes it to the transaction processor and waits for a reply. The reply generally falls into three groups. The transaction is approved, declined or the transaction failed due to an error or insufficient information



About the author:

For more information on merchant services,please visit http://www.paynetsystems.com< /a>

 

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Why tables for layout is stupid:. problems defined, solutions offered. Tables existed in HTML for one reason: To display tabular data. ...
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