How to accept credit card payments on website
So, the easy question how to accept credit card payments on website or how do I accept debit card payments on website, but this is where good advice pays dividends.
When looking for a solution you will see or hear lots of options and solutions like online payments, virtual terminal, payment gateway. online merchant account and more. So, what do they mean and how can they help you to start and accept credit card payments on website.
1 Online payments
Online payment refers to money that is exchanged electronically. Typically, this involves computer networks and internet
Merchants accepting online payments need to comply with security requirements. These will be covered in merchant online payment and how to take online payments.
2 Virtual terminal
So, do you need a virtual terminal and will it help you to accept credit card payments on website. This is a web-based system that allows you to manually process credit or debit card orders. These can be received by mail order or telephone known as MOTO.
3 Payment Gateway
In short, a payment gateway is an online credit card processor or transaction handler
It facilitates a payment transaction by the transfer of information between a payment portal such as a website and communications controller, making it an important part of the process if you are thinking how to accept credit card payments on website. This will be covered in more detail on online payment gateway providers and website payment gateway.
4 online merchant account
The easiest way is to think of a merchant account as an online holding container. This will hold the funds for the sales that you have made online. These funds can then be deposited into your business bank account if required. So, if considering how to accept credit card payments on website remember. Without a Merchant Account your funds will have nowhere to go. If you are looking to accept payments online, there are two main options: when asked how to accept credit card payments on website.
Option1: Virtual Terminal, this is essentially like an online version of a physical card payment terminal.
Option2: Online merchant account with payment gateway, this option is where you intergrate a payment gateway into your website shopping card to take payments directly through your website.
In another section take online payments we will cover a few rules that might help you on how to accept credit card payments on website.
Wondering how to accept credit card payments on website? Let ACP do the hard work for you, we offer free impartial advice helping you find the bespoke card payment solution for your business. Simply fill out the quick quote form on this page or call us on 0333 305 4500.