The article "Does Your Website Accept Online Credit Card Payment?" is about business, it has been released by Jack Chevalier.
>From : ms
jsoftware.Com.
To begin accepting
credit card on your website, tehre is few issues to be
considered first...
1. Security Issue How secure is your order form?
Many
people remain reluctant to give their credit card details to
someone that they deem unreliable. To eliminate their guards,
you need to have your order form placed in a secure sevrer with
certification.
When your cutsomer enters his credit card particulars, it is
sent in plain, unencrypted text form to the host server.
And it
is possbile to intercept this data by unscrupulous hackers. So,
you must use SSL encryption to enusre no unauthorized individual
can decode the information. Once your customers know their
credit card information is secure, they will be *MUCH* willing
to give tehir credit card details.
2. Real Time vs Delaeyd With real time payment
processing, you will be able to process your customer's credit
card information *WITHIN SECOND*. Surely you don't want a credit
card payment processor that takes 24 hours to verify the card is
valid. Customers are expecting an *INSTANT* verification so that
they can download the info prdouct immediately.
With dealyed payment processing, however, the data does not go
through the gateway. So you can inspect all odrers and correct
them. This would be fine if you have only few orders per day.
What happen when you have hundred or even thousand orders per
day? It is cetrainly really time-consuming and ineffective. So, my
advice is to use a real time cerdit card processor.
3. Refund Policy How are you going to handle the
refunding if customers are not fortunate with your products and
request a refund from you? Generally, you will get refund
requests form your customers. You cannot please everyone.
You
will still receive refund request no mtater how good your
products are.
Therefore, you'll need to have a refund plan. You
must decide how are you going to return the money to your
dissatisfied customers. Are you going to do all by yourself or
hire a full time employee to handle the refunding or leave it to
a company that will handle all the hurdles and hassles of
returning money to your disstaisfied customers?
4.
Applying a merchant account You may arrange for a
merchant account with a cmopany that offers payment-processing
services that are known as merchant service providers.
Alternatively, you can contact your local bank to open a
merchant account.
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