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At
present ezimerchant Professional allows you to accept orders
using the following Credit Card payment methods:
Manual credit card
transactions -
If you use this method, the
ezimerchant Professional Global Transaction Server will supply you
with your customers credit card details so that you can process
them manually via a standard EFTPOS merchant account. You may
already have a merchant account if you have a retail outlet or run
a mail order business so you can use this method immediately.
Advantages:
* Cheap.
* Puts you in control of your order processing.
(e.g. If you are out of stock then you don't have to process the
card)
Disadvantages:
* Its a manual process so if you
get lots of orders you will be running card numbers through your
EFTPOS terminal a lot which can become time consuming.
* Banks prefer you to use the real-time method if transacting on
the internet, so you may find it hard to obtain a manual merchant
account if you plan to only trade on the internet.
Real time credit card
transactions -
This method is more expensive than
the manual method however it suits companies that have high volume
or do not wish to use the manual processing method.
If you use this method the AWP
secure transaction server will pass your customers credit card
details to a 'Payment Gateway' company who will in turn process
those details with the bank. The bank then either approves or
declines the credit card transaction and sends back a message to
the payment gateway which inturn sends the message back to the AWP
Global Transaction Server. The AWP Global Transaction Server then
displays either an accepted message or a declined message to your
customer and gives them the chance to correct any errors they may
have made when entering their card details before trying again.
Because the above process is done
in 'Real Time' (e.g. instantaneous) the money is transferred into
your merchant bank account at the time of the order (or shortly
after - depending on when the bank actually does the transfer.
Advantages:
* Money is transferred at the time
of the transaction.
* No manual card processing work required! You simply need to pack
and send the order.
Disadvantages:
* Expensive compared to manual
transaction method.
* If you are out of stock then you must organise a refund. (Most
payment gateway companies provide you with the means for doing
refunds however.)
What is DirectOne
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