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How do I accept payment on my website? |
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Firstly, you need to have an online store that display a catalogue of products. Or if you are selling a single item, then there is just a single product page. Essentially, a basic eCommerce store will have the following:
1) Product information page
2) Product order form
3) Order confirmation page
4) Payment gateway page
On the payment gateway page, different kind of payment gateways can be implemented. Nowadays, we normally use 3rd party payment processing solutions. Some common 3rd party solutions include the following:
1) Paypal - A popular low cost payment gateway solution, owned by eBay
2) eNets - Used commonly in Singapore websites, as well as government agencies websites
3) Worldpay - Part of The Royal Bank of Scotland Group, the 5th biggest banking group in the world, WorldPay is a trusted and reliable payment gateway used worldwide
*When customers pay online through your website, the fund will be stored in your virtual online account. You may withdraw the fund in your virtual account to your local bank account any time.
On the other hand, we can also set up a merchant account on the website without using 3rd party payment gateway. This requires the purchase of SSL cert, opening of accounts with credit card providers.
More information about Payment gateway integration can be found here .
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