Managing Online Credit Card Processing for Your Business

Mon, Oct 15, 2012


Business is being done in more and more places these days, and online commerce is perhaps the biggest implication of the newfound mobility afforded to just about any consumer with a smartphone or an internet connection. As more and more consumers get increasingly more and more comfortable with the option of shopping from the comfort of their own phone and having goods delivered to their door, or ordering products using a mobile phone or tablet device, the need to accommodate this growing desire only increases. At this point, anyone with a business hoping to compete in terms of online commerce has no choice but to come up with ways to accommodate the digitization of shopping that’s occurred over the last decade or so. Accepting credit card payments is basically a requirement now, and doing so on a mobile basis is something that most businesses would fail without. We’ll talk about some of the things you need to have in place if your company intends to accept online credit card payments.

The first thing to do is select an electronic credit card processing service provider and get yourself a functioning account. If you’re running a small online business and you’re using an interface like Volusion or Magento, then it’s likely these options are baked into your out-of-the-box programming. If you’re doing things a little more independently it’s still easy to find a credit card provider who can give your website the ability to accept and process credit card payments. Whatever you do, make sure the research has been done to properly vet your provider and make sure you’re dealing with a reputable organization.

A payment-gateway protection service like VeriSign or Authorize.net will also be necessary so that you can fortify your payment portal with the necessary protection to guarantee your customers that their digital information is safe from any kind of scam or identity theft efforts. A big part of processing electronic payments online involves making your customers feel that they are safe in doing so. By aligning yourself with a reputable payment verification gateway you can display a recognizable seal on your website. This will guarantee visitors, consumers, and customers that their payment information is protected to the utmost degree.

There are also a lot of ways to accept credit card payments in person on a mobile basis, thanks to some of the recent advancements in mobile technology. Companies like Square have offered ways to accept credit cards using an iPad, iPhone, or Android device. These options typically come with a payment management system that will integrate itself with your existing setup, and not cause any problems in terms of bookkeeping. With the recent advancements in technology, it’s never been easier for companies to accept online credit card purchases and run their business on a global. By following these easy strategies, you can make sure you and your customers get the most out of your online payment capabilities.

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