eCommerce guide

How do you choose a payment processing solution that fits your online business? Here are a few practical suggestions to help guide your decision.

The building blocks of a successful online business

Online businesses come in all shapes and sizes. But they share a few core components:
A website

that provides the public “storefront” for an online business.

A shopping cart

where customers finalize their purchases and provide payment information.

A payment gateway

that handles the complex mechanics of processing transactions and moving money safely from customers’ bank accounts into yours.

A merchant account

is a type of bank account that allows businesses to accept payments by debit or credit cards.

Payment gateways: how your business gets paid

A payment gateway authorizes and processes customers’ transactions—from the time they click “Buy” until the money appears in your bank account. Every payment gateway performs three functions: