Advanced e-commerce resources :: Miva Merchant Hosting :: oscommerce

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Merchant Account & Payment Gateway

Q: Why do you need a merchant account and payment gateway?

A: In order for you to operate a fully successful Ecommerce site, you will need to accept credit cards. Credit cards offer the consumer and easy to purchase, real-time method of payment, which other payments (check, money order) cannot offer. Just ask yourself this question, "Am I more likely buy from an online store that offers credit cards as a payment option compared to ones that don't?" It doesn't matter how big or small your business is. You need to accept credit cards to succeed online.

Secure online credit card processing is the accepted standard way to receive payments from customers purchasing your products or services. Your gateway service manages the process of validating the card used and forwarding payment to the bank account you designate. The service consists of a number of integrated components, including software, security/ fraud protection features, reporting capabilities, and support.

Q: Does Advanced Hosting recommend a Merchant Account Provider?

A: Advanced Hosting has partnered with Authorizenet and Innovative Merchant Solutions to provide a choice for your reliable secure payment processor. Email us at sales@awaddhosting.com and we will send you the forms you need to sign up.

Q: Can I use Paypal for processing credit cards?

A: PayPal offers a simple cheap and reliable on-line method of receiving payment for goods or services. With "Web Accept" customers can pay directly by credit card and the proceeds are credited to your PayPal account.The service is international and now has over 5 million users.

Q: What Do I Need To Apply?

A: Make sure you have following information with you before you start the application process.

Legal Business Name
Physical Address
Web Site Address (URL)
Email Address (of business)
DBA (Doing Business As) name
Contact Person's Name 7. Phone

Q: What is mandatory for establishing a merchant account?

A: 1. Social Security Number
2. Direct Deposit Account and Routing Number (your bank should have this info)
3. Tax Identification Number
4. Average Ticket (Cost of your Most Expensive Product)
5. Estimate Average Monthly Volume (Automatic Approval Under $10K)

Q: I need a gateway, where do we go for that?

A: Advanced Hosting can assist you in selecting a good gateway service. We can provide the forms you need for both processor and gateway services. Email us at sales@awaddhosting.com and we will send you the forms you need to sign up.

Q: Can I share an Internet Seller Account with other Sellers?

A: No. Doing so is referred to as "factoring". This is against Credit Card Association regulations and may result in the termination of your Online Seller Account.