Online Payment Options

Online Payment Options

The process of receiving money for your sales via an online payment method involves three parties:

Your store.

The payment gateway: a special system, located outside your store but connected to it on a programming level, that processes your customers' credit cards (or e.g. PayPal accounts) and does charging

Your merchant account at the payment gateway connected to your bank account.

To put it simply, your store connects to the payment gateway, transmits the order details, the payment gateway processes the customer's credit card and transfers the money to your merchant account. 

Then you can withdraw the funds to your bank account and pay your bills or go on vacation.

Online payment methods can be narrowed down to 2 options:

Accepting credit/debit cards.
PayPal, a leading payment processor in US presently. To provide credit card payment option, you should choose a payment gateway through which your funds will be processed. 
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