Accepting Online Payments
Whether you choose to do Real-time or Offline (Batch) Transaction Processing you will need to open the
following accounts in order to receive and process payments:
- Checking account
- Merchant account
- Payment Gateway account
After the above accounts have been opened, you are ready to configure the new E-commerce Web site to work
with the accounts to accept payments from online customers.
When selecting providers for your Checking account, Merchant account, and Payment Gateway account, you need
to be sure that the different companies are compatible with each other. Not all Merchant accounts and Payment
Gateways will work together. If you are unsure about the e-commerce software you are working with, most of
this information is available on the specific vendor’s web site or by contacting them.
- Merchant account providers: (Check with your local bank)
- Humboldt Merchant Services
- Transcom
- Cardservice International
- SureFire Commerce Payment Processing
- E-Commerce Exchange
- Wells Fargo SecureSource
- Payment Gateway providers:
- Authorize.net
- Verisign/CyberCash
- MPC**
- E-commerce Exchange/Quick Exchange**
- Moneris e - SELECT Payment Service
- Global Commerce Payment Gateway
- CyberSource ICSv2
- Cardservice/LinkPoint
- Paradata
- EValuCheck
- Innovative Gateway Solutions
- US Merchant Systems
**MPC and E-Commerce Exchange have arrangements with banks that are pre-defined, which also reduces the
amount of paperwork you need to complete.
There is usually a fee associated with the Merchant account and the Payment Gateway. Doing your homework will
serve you well when making your final decision about which Merchant Account and Payment Gateway to recommend
to your client. This is either a percentage of each transaction or a set fee of around 2% and .30 respectively.
NOTE: Payflow Pro from VeriSign(r) does not work in conjunction with
our FreeBSD or Solaris VPS solutions; hence, it is not compatible with our Miva Merchant Server offering.
However, ShopSite and Payflow Pro do function properly.
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