Understanding an Ecommerce Gateway

An Ecommerce gateway is necessary to make online financial transactions. To close an online deal one has to forward a bill to the client and receive payment from the client. The client pays by keying in his credit card number, which is verified by the bank who issued the credit card. The website of the bank is connected and the client's credit card number is verified. Then the payment amount is debited from the client's account to the seller's account, which may be in a different bank. Therefore, the seller's bank website opens and the money is transferred to the seller's account. Thereafter, the seller's bank website and the buyer's bank website both close.

The buyer's gets a confirmation saying that the transaction was successful. The buyer may reside in another country than the seller and so the transaction comprises of transfer of foreign exchange, which is subject to the rules and regulations of the seller's country. All this takes place in a 128-bit encrypted, and password protected secured environment within few seconds.

Add to Favorite| Add to Google

 Snippet   Read More

Comment on this Article


    Warning: Invalid argument supplied for foreach() in /home/ecommerc/public_html/includes/comments.php on line 12



 

Ecommerce Advertising
Your website can feature advertisements of other websites in order to generate more revenue. Competitive ads are not en...
ecommerce_advertising.php

Ecommerce Fulfillment Services
Customer needs and wants have to be fulfilled, and your promises have to be kept. Prompt ...
ecommerce_fulfillment_services.php

Ecommerce Consultant
Many a times it seems that your idea of selling online was a ...
ecommerce_consultant.php

Ecommerce Development
Ecommerce development is an ongoing process. With the a...
ecommerce_development.php

Business To Business Ecommerce
B2B or Business to Business is online business transacted...
business_to_business_ecommerce.php

Ecommerce Fulfillment
Ecommerce fulfillment is the successful completion of an online order. In simple words, it is the pr...
ecommerce_fulfillment.php

Ecommerce Business Solution
Selling online is an art where product identif...
ecommerce_business_solution.php

Ecommerce
Ecommerce, or electronic commerce, or e-co...
ecommerce.php

Ecommerce Fraud
Ecommerce fraud is a very vital issue which has to be tackled and uprooted by any ecommerce enabled website. C...
ecommerce_fraud.php

Ecommerce Definition
...
ecommerce_definition.php

Custom Ecommerce Software
Businesses have varied needs and readymade ecommerce software may not be able to fulfill all t...
custom_ecommerce_software.php

Best Ecommerce Site
Among the choices available today, choosing the best Ecommerce site to suit your needs may require analysis. The best ...
best_ecommerce_site.php

Ecommerce Application
What is hosted ecommerce application? Hosted ecommerce application is a specially ...
ecommerce_application.php

Ecommerce And Smallbusiness
The Internet boom has given rise to numerous online ventures. Small businesses had never ...
ecommerce_and_smallbusiness.php

B2c Ecommerce
The term B2C E-commerce stands for Business to Consumer Electronic...
b2c_ecommerce.php

Best Ecommerce Software
Ecommerce software is software used to enable electronic commerce via th...
best_ecommerce_software.php

Ecommerce Hosting
To have your presence felt on the Internet and its offshoot the World Wide We...
ecommerce_hosting.php

Affordable Ecommerce Web Hosting
...
affordable_ecommerce_web_hosting.php

Ecommerce Billing
Revenue inflows come with billing the customers...
ecommerce_billing.php

Ecommerce Database
When you have an online store, you need to ke...
ecommerce_database.php

Ecommerce Webhosting Plan
In order to have a good ecommerce web hosting plan you must consider some specific criteria before finalizing decisions...
ecommerce_webhosting_plan.php

Cheap Ecommerce Hosting Web
The best bargain is got where there is most competition. The Internet provides worldwide competition and he...
cheap_ecommerce_hosting_web.php

Business Ecommerce
Launching your business ecommerce is a viable option, only if you fulfill c...
business_ecommerce.php

Ecommerce Credit Card Processing
Monetary transactions form the backbone of ecommerce. Over the Internet, due to its el...
ecommerce_credit_card_processing.php

Ecommerce Course
Knowledge is always enlightening. An ecommerce course for small businesses proves to be...
ecommerce_course.php

Ecommerce Webhosting Provider
An ecommerce web hosting provider is an essential part of any online commercial venture. It undertakes many comme...
ecommerce_webhosting_provider.php

Ecommercehost
Without a proper plan, Internet survival is difficult....
ecommercehost.php

Ecommercebusinessplan
For online success, a predetermined plan has to be charted considering the cost involved, the marketing strategy, and...
ecommercebusinessplan.php

Cheap Ecommerce Hosting
Cheap bargains are always sought after and in the Interne...
cheap_ecommerce_hosting.php

Build An Ecommerce Site
Building an ecommerce site is a bit different from a traditional real world business. An ecommerce site...
build_an_ecommerce_site.php

Ecommerce Degree
If you need yourself to be educated about ecommerce and its various functi...
ecommerce_degree.php

Build An Ecommerce Website
To build an ecommerce website , you must have web design knowledge and a lot of patience. The basic kno...
build_an_ecommerce_website.php

Ecommerce Hosting Company
Businesses, whether small or large, never had it so good. Marketing and sales being two important pillars on which r...
ecommerce_hosting_company.php

Ecommerce Consulting
Ecommerce consulting can also be done on the internationally popular auction site eBay. At eBay, buyers and seller...
ecommerce_consulting.php