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Accepting Payments Online: An ECommerce Web Site Overview
By: Bobette Kyle
There are a seemingly infinite number of choices and configurations to accepting payments online. Choices range from almost total 'do it yourself' programming to turnkey packages.
You can accept online payments from an ECommerce Web site in two general ways:
1)Through your own online merchant account and/or
2)Through a third party online payment processor.
Accepting Payments Online through your own Internet Merchant Account
Accepting payments online via a merchant account puts you in control and limits your reliability on outside payment acceptance services. This approach can also seem like a jigsaw puzzle. Besides an Internet merchant account, you will need shopping cart software, a store or site host, a processor, and a secure payment gateway.
You may fit these pieces together in several different ways. On one end of the spectrum, you can choose the provider for each piece individually. On the other end, you may choose a turnkey solution, where a single provider has completed the puzzle for you.
There is no single best solution. Your choice will depend on your particular needs and experience. Among other considerations, you should factor in your own comfort with the technologies, customer convenience, providers` service levels, available technical support, reliability, costs, and time commitment involved.
Fees
There are a myriad of potential costs and fees involved in accepting payments online, making it difficult to compare different options.
Potentially, you could be charged fees by each provider involved in helping you accept payments online - app....[MORE]
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| PYDS.OB: Summary for PAYMENT DATA SYSTEMS - Yahoo! Finance Get detailed information on PAYMENT DATA SYSTEMS (PYDS.OB) including quote performance, Real-Time ECN, technical chart analysis, key stats, insider transactions, and the latest company headlines. ... Symbol Lookup | Finance Search. Payment Data Systems Inc. ( ... PAYMENT DATA SYSTEMS (OTC BB:PYDS.OB) Delayed quote data ...
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| Payment Data Systems, Inc. - Main ... Payment Data Systems Delivers Innovative Approaches and Integrated Solutions to Institutions and Commercial ... Bills.com Press Contact us. Payment Data Systems, Inc. ©. 1998-2005 ...
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| Payment Data Systems, Inc. - Board of Directors and Management ... Before assuming the top position at Payment Data Systems (Formerly Billserv, Inc ... and marketing functions at Payment Data Systems including business development, partner marketing ...
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