What is Online Payment Processing?

Shopping on the Web is made easy by allowing customers to pay using a credit card. Once an item is purchased using a credit card, this is what happens:

	You or the automated process on your Web site request an authorization from the customer's credit card account to ensure that the card is valid and the customer has the balance available for the purchase.
	The customer's bank then sends an authorization number back to you or your Web site and the order is "captured."
	The merchandise ordered is sent to the customer.
	You then inform the bank of your account information so the bank can deposit the funds into your account.

Credit cards have enabled Internet commerce to grow at an amazing rate. The off-line authorization and settlement process is the easiest to integrate into an existing business. But, for the more advanced Web merchants who are processing more than 100 transactions per month, real-time credit card authorization becomes economical.

Integrating real-time credit card processing into your e-Commerce site is easy! Simply select a Processing Service Provider such as VeriSign® and your Web site automatically generates an authorization requests when a customer places an order. If you are selling hard goods, which have to be shipped to the customer, then the order is securely saved for a later settlement. Once the goods are shipped, the order is settled and the transaction is complete. If you are selling downloadable media, software or site memberships for example, then the order can be authorized and settled in real-time, without any intervention by you.

If you would like to use online payment processing, you will need to subscribe to one of EBTCO.com E-Commerce Plans and Complete The Online Merchant & Online Processing Application

To make it easier on our merchants, EBTCO.com has established a relationship with leading credit card processing & merchant providers. EBTCO.com technology partners deliver a safe real-time solution for merchant processing of credit card payments over the Internet. Click Here to obtain the Registration form.