Internet Merchant Account for Ecommerce Websites
Your website is near completion and your web designer is asking you for your internet merchant account or online payment gateway information. What do you need to do?
In order to operate an internet merchant account for ecommerce websites, you actually need to set up two different accounts:
1. Online payment gateway
2. Internet merchant account
The shopping cart on your website utilizes the secure connection provided by the online payment gateway to connect to your internet merchant account. Internet merchant accounts authorize or decline the transaction and deposit funds into your business checking account.
Online Payment Gateway
It’s extremely important that you choose an online payment gateway that is compatible with your website/shopping cart. The last thing you want to do is set up an internet payment gateway only to find out your website/shopping cart doesn’t support it.
The Transaction Group uses AuthorizeNet because it’s one of the most widely used internet payment gateways out there. Most website and shopping cart providers are compatible with it. If you’re not sure, call your current website or shopping cart provider and ask them. Also, most have compatible credit card processing information listed in the ecommerce services section of their website. If you’re still not sure, call us today at 888-383-8056 and we’ll help you find out.
Internet Merchant Account
This is an account established with a financial institution (merchant processor) that allows you to charge your customers credit cards for product sales or services. This is not a bank or checking account – the merchant processor deposits funds from credit card transactions directly into the merchant’s business checking account via ACH.
The Transaction Group can set up your internet merchant account for your ecommerce website, and your online payment gateway, efficiently and seamlessly, so you can focus on your tasks at hand. By waiving the monthly minimums, annual fee, and cancellation fees we offer an extremely affordable internet merchant account for e commerce websites.
Apply now, or call us at 888-383-8056.
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Are you shopping for a better rate? Let us save you money!
Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!
Why do businesses choose to work with The Transaction Group?
- We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
- We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
- We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
- We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
- We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
- We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.
