It is no secret that we live in an interconnected world where sending and receiving payments can occur with just a click of a button. For business owners, that is welcome news since this makes it more convenient for you to get paid online, as well as increasing your cash flow since payments happen in real-time, according to due.com.
Accepting electronic cheques has been common for years. In fact, there was a time when it was more common to accept cheques online than accepting credit cards or digital forms of payments. The benefit of accepting e-cheques is that you can directly deposit it into your bank account and transaction fees are usually lower than accepting credit or debit cards.You could also build your payment gateway by adding a simple payment form where you can receive a payment directly from your site.
For those who want an all-in-one solution, some make it easy for you to accept credit cards and other forms of electronic payment from your site. When a customer enters his or her information on your site, your payment service authorises the transaction and transfers funds to your account. These services charge a processing fee per transaction, according to money.howstuffworks.com.
Once you have an SSL certificate, you need to register your site with a digital authentication service. A digital certificate validates that the site receiving your customers’ information is the correct one. It assures customers that your site is legitimate and that their information is encrypted.
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