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![*]()
Merchant Technical Inputs
![*]() Determine your specific
software and hardware needs. How do you sell your product?
If you're 100% "card not present" Internet online, mail or
telephone orders -- you can run the necessary transaction
software on your PC. You may not need a POS (point of sale)
terminal. We provide the most advanced state of the art electronic
software that meets your needs. Buy the hardware or software
you need at the right price.
A number of
merchant account providers offer integrated systems
(turnkey solutions) that include each of these components,
as do hosting companies and E-commerce solution providers,
which bundle merchant accounts and other services into their
packages. If the merchant account provider does not offer
integrated services, it is important to ask what kind of software
it requires. Your hardware and software requirements will
depend on your processing method (batch or real-time) and
business needs. If you decide to implement real-time processing,
you will require payment gateway software to authorize and
process the credit card number in real-time.
Your existing technology solutions may include the provision
of an Internet merchant account. As a result, before you go
to a bank or ISO, review the package that you have with your
hosting company or E-commerce provider. If the package includes
an Internet merchant account, evaluate what it comprises and
ensure it is acceptable for your business.
For example, when you decide to sell online, selecting a merchant
account provider is only one consideration. You also need
a storefront solution to enable customers to send orders,
a payment system to process transactions, and a payment gateway
to securely process payments as they travel from a customer's
site to your site.
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