E-commerce Transaction

roxxy · Joined: 24 May 2006 Posts: 29

E-Commerce is a process of performing your online business through your website usually to sell your product eg. Computer products or to provide services eg. SEO, Hosting. Usually the payment is received through Credit Card termed as Merchant Account that allow you accept payment automatically to you account. You don’t need to involve here. This is the smarter way to extent you business and get International Reorganization.
A business providing merchant account establishment and transaction processing payment related services. It may also provide e-commerce software and handle such things as digital delivery, Payment verification.

frankcois · Joined: 27 Feb 2008 Posts: 52

The term 'transaction processing' within an ecommerce environment, is the process of an online shop or ecommerce website accepting and processing a customer’s credit or debit card payment online and in real-time, in return for goods or services.

During the online transaction process, the Merchants payment systems will automatically connect to the customer’s Bank or Credit Card Company, carry out security, fraud and validity checks and subsequently authorise and take the payment.

When looking at potential companies who will look after your online transaction processing requirements, it is vitally important that their system infrastructure is robust, secure and reliable. You must give your customer a fast, seamless and secure checkout experience.

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