June 22, 2016
by David Goodale
Demystifying e-commerce vlog series: The components of an e-commerce transaction.
This is the first in a series of vlogs that are intended to demystify e-commerce for business owners. We want to tackle the most commonly misunderstood issues, as well as topics that merchants bring up time and again.
In our first entry in the series we discuss what makes up an e-commerce transaction. We break the e-commerce transaction flow down to it’s components to help you understand how your website ties together with the payment gateway, and how it results in funds flowing though your merchant account before being deposited into your business bank account.
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If you want more information on this topic we've since recorded a newer video that sheds light on the difference between a merchant account, a payment gateway and a payment processor.View Rates
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- About the Author
My name is David Goodale, CEO at Merchant Accounts.ca.
The payments space is fast moving, with an ever evolving number of payment types, integration options, and solutions to choose from. My expertise is in the field of international and multi-currency payment processing. If you have any questions about this article, e-commerce transaction flow, merchant account pricing, or other questions in general about e-commerce don't hesitate to contact me. I'm always happy to help with an honest opinion, and enjoy chatting with folks from interesting businesses!
Toll free: 888-414-7111 ext. 5 / Direct: (905) 901-2254
david.goodale@merchant-accounts.ca
Did you like this article?
My name is David Goodale, CEO at Merchant Accounts.ca.
The payments space is fast moving, with an ever evolving number of payment types, integration options, and solutions to choose from. My expertise is in the field of international and multi-currency payment processing. If you have any questions about this article, e-commerce transaction flow, merchant account pricing, or other questions in general about e-commerce don't hesitate to contact me. I'm always happy to help with an honest opinion, and enjoy chatting with folks from interesting businesses! Toll free: 888-414-7111 ext. 5 / Direct: (905) 901-2254
david.goodale@merchant-accounts.ca
Did you like this article?