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From GunGame5 Documentation

The success of an online business is dependent upon the process of accepting credit card payments. This type of payment enables you to attract both impulsive buyers and casual surfers alike. It also guarantees that you get timely payment.

Electronic credit card processingfacilities handle orders directly through the Internet. This really is normally a complex deal that requires the coordination of many things such as for instance your website, your consumer? s credit card company, a payment gate way, and a merchant account into which credits are deposited. Electronic card processing is secure and safe, and it offers the best customer service.

Three major forms of internet credit card processing can be obtained. The first type uses a virtual machine that enables manual addition of mail. The second type involves a simple integration technique that links your site directly to the credit card and banking system. The third type runs on the method for custom-linking your system to other more complex systems using a transaction gate way server.

Credit cards can be processed either in real-time or in a collective manner (batch processing). Electronic credit card processing generally has exceptional real-time processing speed. The business is processed instantly and the consumer knows if his card is accepted. But real-time processing has greater threat of fraud, since anybody can work with a stolen card before it is reported stolen. Another disadvantage is that you cannot accept any order if the electronic credit card processor's server fails. Batch processing is ideal for smaller businesses. Here, many credit card transactions are processed jointly at a later time. The chance of fraud is moderately low.