Online payment processing may seem high-tech and complex, but rest assured, non-profit organizations can process payments on their site the fastest. Here are the 3 items you need for internet payment processing:
If you want to start online payment processing browse this website.
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1. A payment gateway – The second thing you need is a payment gateway. An easy way to think of a payment gateway is to consider the Internet as the equivalent to a machine that swipes a credit card. A PG actually authorizes a credit card for real-time use.
It processes the customer's credit card information, order information, etc. Make sure that any payment gateway you are considering is compatible with your website, especially your shopping server software.
2. A merchant account – For a traditional bank account, a merchant account is a bank-issued account, which only allows you to accept credit cards online. This is one of the two things you need for successful online payment processing. Merchant accounts only allow or authorize you to accept credit cards and manage the back-end of accepting payments with banks.
If you already have the ability to accept offline credit card payments, then getting a merchant account for online payments should be relatively straightforward. Talk to your primary bank or financial institution or any third-party payment processor to get your online merchant account up and running.
3. A payment signal – This refers to a view button or link on your website that users can click if they want to donate money. Putting a link on your website is just a matter of copy and paste; Most payment gateways and third-party payment processors can provide you with the code needed to properly display links or buttons.
Have your webmaster or designer (or whoever handles the back-end operations of your website) put the code wherever you want it on your website.