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What is E-commerce?

E-commerce means commerce over the electronic medium. It gives you the ability to sell product and services and accept payment over the Internet, by either credit card or electronic cheque.

What is Secure Socket Layer?

Secure Socket Layer (SSL) is a method of ensuring that information submitted through a web site is secure and cannot be accessed by unauthorized users. When a site offers an SSL-Secured form, the information submitted through that form is encrypt using a “certificate key” and then decrypt with another key after it has been transmitted over the destination.

 
What is an SSL Certificate?

An SSL Certificate, or a digital certificate, is a kind of electronic document that contains the vital information to establish a secure SSL connection on the Internet.

 
How can I assure my customers that their online transactions are secure?

If the site involves your customers to submit vital information online then their primary concern would be to know the authenticity of the information. If your customers are not comfortable with the security your site offers, they will probably not buy products from you. Therefore, the best way to alleviate your customers concerns is to secure your site using SSL When a site is secured with SSL --visitors will see a special symbol at the right-bottom side in their browser.

 
What is a merchant account? How can I get one?

A Merchant account is a bank account applied by merchants to enable them to receive the online payment through credit cards. Once a merchant account has been established, the acquiring bank agrees to pay merchant for all valid credit card purchases in exchange for the debt owed by the consumer. To qualify for a merchant account, retailers must meet the bank's requirements.

A number of companies offer Internet-ready merchant accounts. You are free to choose any merchant account provider, as long as they support one of the following payment methods:

VeriSign
CyberSource
Authorize.Net
LinkPoint / Cardservice

 

 

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