A shopping cart system keeps track of the user’s order while they are shopping. When they finish shopping and are ready to submit their order, it is sent securely by the SSL to the payment gateway. The credit card is verified for the amount charged, and the funds are transferred to the merchant’s account.
The merchant account allows you to accept credit cards, your hosting company shows your Web site to the world, your shopping cart allows your customers to shop, the SSL certificate protects your user’s financial data, and the payment gateway allows real-time processing. All these components must work together to process credit card transactions online.
As a business owner, it is important before adding e-commerce to decide how you are going to process orders and how you are going to accept payments. There are a variety of ways.
Depending on what you decide, you are going to need different tools to set up your Order Processing and Payment System.
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