E-Commerce
In order to setup an ecommerce business, you need an Internet merchant account, a payment gateway, a shopping cart, and a website.
Internet Merchant Account
An Internet merchant account is a financial relationship between you and a credit card processor, so funds can be deposited into your bank account. It differs from a regular merchant account in that an internet merchant account is approved to run web initiated transactions over the Internet, while a regular account is not approved for web transactions. Usually it involves a website with real time credit card processing. At GlobalCard1, we provide you with free setup of an Internet merchant account.
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Payment Gateway
A payment gateway is a remotely hosted software application that transmits transaction data (either from your website or from a virtual terminal where you manually enter or key in transactions) to a credit card processor. Our payment gateway of choice is Authorize.Net as it is pre-integrated with most shopping carts, has the most features, includes a free virtual terminal for manual entry, and is the easiest to use. At GlobalCard1, we provide you with free setup of the Authorize.Net payment gateway.