E-commerce
e-Commerce is the process of buying products and services online. The most typical form of e-commerce is an online catalog ([[shopping cart]]) that allows users to select products and pay for them by credit card. e-Commerce is a very popular mechanism for companies large and small to sell their wares on a world-wide market.
e-Commerce requirements
- Shopping Cart Online catalog that allows users to select products to purchase at 'check out'.
- [[Merchant Account]] Service that handles the financial processing of credit cards.
- [[Merchant account|Processing Gateway]] Service that enables transactions from your Shopping Cart to your Merchant Account
- Digital Certificate / Secured Server Encrypts information to provide secure transaction processing
e-Commerce Tips
- e-Commerce is available in many packages. Thoroughly research a solution provider before committing, particularly those that have low up-front costs. There are often hidden costs or special terms that will prove detrimental in the long run.
- Be careful when selecting a Merchant Account, read the fine print in the agreement. (See [[Merchant Accounts]] for more tips).
