How do credit card merchant accounts work?
Posted on November 7th, 2010 by admin
Like after a customer uses their card, where do the funds go?
What do I need to do with the receipts/card slips?
Thank you!
ALSO: I know the account has to be linked to my bank account, how long after the customer uses their card will it appear in my bank account?
Hello,
First Step= Customer comes to your site and do checkout and enter his details .. if a programmer already integrated your shopping cart with your credit card billing gateway .. the payment details go internally and they get a response (Order Successful, Order Failed).
Second step= Buyer get notified .. and received a slip ..
Third Step= You must have a backoffice (gateway panel) where you can login and view the transactions occured everyday etc.
like at www.activemerchant.com they provide gateway along with virtual terminal to process credit cards manually too by entering into their secure area to charge credit cards.
November 8th, 2010 at 1:44 am
Hello,
First Step= Customer comes to your site and do checkout and enter his details .. if a programmer already integrated your shopping cart with your credit card billing gateway .. the payment details go internally and they get a response (Order Successful, Order Failed).
Second step= Buyer get notified .. and received a slip ..
Third Step= You must have a backoffice (gateway panel) where you can login and view the transactions occured everyday etc.
like at http://www.activemerchant.com they provide gateway along with virtual terminal to process credit cards manually too by entering into their secure area to charge credit cards.
References :