How do I accept credit cards online?
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In addition to having a website, there are
several elements that must be in place before
you can begin processing online credit card
transactions. If you are ready to start selling
your product or service on the web, LJg is
here help you enter the world of eCommerce.
In order to accept online credit card payments,
you will need the following:
Secure Server with Certification
When your customer enters his/her credit
card information, it is sent in plain, unencrypted
text form to the server hosting the website.
As it is possible to intercept this data,
you must use SSL encryption ensuring that
no unauthorized individual can decode the
information.
Order Form
Your customers need a place where they can
input their personal and banking information.
The order form must be on a secure server.
Gateway
This is the "tunnel" that allows
for the authorization, processing and management
of payment processing. It is the mechanism
that transfers your customer's vital information
to the processor so that you can get paid.
Shopping Cart
A shopping cart is software that enables
you to have an e-commerce, online store where
purchases are automatically calculated for
you. (The gateway you use must be compatible
with the shopping cart.)
Merchant account
You can have a secure server with certification,
an order form, shopping cart and a gateway,
but real-time processing cannot take place
without establishing a merchant account.
The merchant account provides access to a
processor that can authorize, capture and
settle credit card transactions. See our
Merchant Accounts page for more details.
You do have the option to forego getting
your own merchant account by choosing to
outsource the payment processing to a third
party. For a fee, the third party acts on
your behalf by collecting your customers'
vital information and processing payments
for you. See our Third Party Processors page for more details.
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