If you are intending to sell products online, you will need a payment solution to collect the payments form your customers and to get the money transferred into your own bank account. Absolute Web Design's shopping cart solution is fully integrated with all of the most popular online payment gateways making this part of the process very simple and painless.
There are numerous payment processing solutions that will enable you to take customer credit card
payments on line with Absolute shopping cart web site.
If you are in any way confused about what method of payment collection may be best suited to you,
or if you would just simply like a chat to get a better understanding about the process, please do not
hesitate to get in contact with us on 01226 247576. We are always happy to help.
All credit card companies charge fees for these services.
The page below is a guide only, please see your merchant account provider for details of their current set up fees & terms etc.
The methods for taking payments online may differ slightly depending on which company you choose to handle the payments, but it usually goes something like this.
1. A customer visits your website, adds items to the shopping basket, then proceeds to the
checkout to buy the items.
2. The customer enters their contact and delivery details on your website.
3. The customer clicks a button to place the order and is then automatically transferred to a secure
website so that they can enter credit card details.
4. Once the customer has supplied the payment details they are transferred back to your website
and the order confirmation page. Here they can print out a copy of the order details.
5. When the order process is completed, you will receive an automated email alert informing you
that a new order has been placed. You can now go to the credit card processing company's
web site and transfer the money directly to your bank account by electronic transfer.
6. To process the order, simply visit the order admin section of your Smart Merchant website
where you will be able to access all the relevant details and print out a delivery / packing note etc.
Skrill (formerly Moneybookers)
Skrill is one of Europe's largest online payments systems and among the world's leading eWallet providers, with over nine million account holders. The simple eWallet enables any customer to conveniently and securely pay online without revealing personal financial data, as well as to send and receive money transfers cost-effectively by simply using an email address.
Skrills' worldwide payment network offers businesses access to over 60 local payment options in over 200 countries with just one integration. Already more than 40,000 merchants use Moneybookers’ payments service, including global partners such as eBay, Skype and Thomas Cook
Skrill was founded in 2001 in London and is regulated by the Financial Services Authority of the United Kingdom.
For more information, see: www.moneybookers.com/partners/absoluteshoppingcart/
Any reputable business can set up a Paypal account to process credit card payments. There are no set up fees involved for Paypal which is why it's a popular option for new on line businesses. Click here for more about using Paypal to take payments online.
Once you have obtained your PayPal account, you can log in to the PayPal web site to administer it.
PayOffLine is a new way for your customers pay for goods and services online, without using credit or debit cards. Instead they can pay with cash or credit cards off line.
For more information click here
Google Wallet is Google's one stop option for paying for goods online. 1000's of companies world wide are now using Google's new checkout system to process their orders and customer payments.
To find out more about Google Wallet click here
Nochex is a complete payment service that allows you to take payments on line through your website. More info
To open a Nochex account click here
SagePay are an online payment processing provider. Protx allows you to take a wide range of online payments to suit your requirements. Their services are specifically designed to enable the secure, real-time processing of online credit and debit card transactions. For more information click here
To use SagePay as a your payment gateway you will need your own merchant account. Please see the SagePay website for more information.
This is a merchant account that has been created especially for ecommerce web sites & internet traders. Like PayPal, you do not collect or process the credit card details through your own terminal. Instead all the payments are handled through the World Pay server.
The Absolute Shopping Cart system is now fully compatible with the HSBC Payment Gateway. For more information about HSBC and steps to create your HSBC account, please contact us directly.
The Absolute Shopping Cart system is now fully compatible with the Barclaycard EPDQ Payment Gateway. For more information about Barclaycard and steps to create your Barclays EPDQ account, please contact us directly.
A merchant account is provided to you by a bank to enable you to take credit card payments. This does not have to be the bank who holds your business account - It pays to shop around to find the best deal.
There is normally an initial set up fee and a monthly rental fee for a processing terminal (swipe machine). We have seen set up fees from as little as £75.00 up to £300.00 + with terminal rental from as little as £1.00 per month up to £30.00 per month. The bank will also charge a percentage for each transaction. Again this depends on the bank and your business category. But it can range from 1.5% to about 5% per transaction. Debit cards such as Switch are cheaper to process -from about 0.10p to 0.30p per transaction.
For more information click here