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Interchange systems are managed by Visa and MasterCard associations and are very standardized so banks and merchants worldwide can use them. free shopping cart

Interchange systems are managed by Visa and MasterCard associations and are very standardized so banks and merchants worldwide can use them. Your simple TurnKey. Relate products together.

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Interchange systems are managed by Visa and MasterCard associations and are very standardized so banks and merchants worldwide can use them. Your simple TurnKey. Relate products together. Merchant a storeowner. StateOfTheArt Integrated Search. This area allows them to issue a capture funds request for specific transactions as well as to void transactions. Customer Password and Username for repeat customers.

Take full control over everything! Merchant outlet or showroom array. Also called the issuing bank or the cardholder bank. Discount Rate The fee a merchant pays its acquiring bank merchant bank for the privilege to deposit the value of each day's credit purchases. Acquiring Processor The processor provides credit card processing, billing, reporting and settlement and operational to acquiring and issuing banks.

Checkout Stand the shipping and paymentprocessing component of WebCommerce. Weight threshold a method of charging for shipping. Allow customers to log in and retreive. Real time pricing, and real time price control.

New method of shipping. Interchange Fee A fee paid by the acquiring bank merchant bank to the issuing bank. StateOfTheArt Integrated Search. Merchant a storeowner.

Effortless Drill Down Menuing. MonsterCart Powerful New Network. Hottest Built in EMAIL. The deposit is credited.

Merchant ID A credit card processor assigns this unique computer code to a merchant after he has been successfully approved to take credit card purchases. User Definable Colors and Button Schemes. Interchange Fee A fee paid by the acquiring bank merchant bank to the issuing bank. Cardholder Any person who opens a credit card account and makes purchases using a credit card.

Back Office the, passwordprotected component of WebCommerce where a merchant manages his store's properties, tax tables, shipping tables, categories, products, their options and values, and orders as well as allows him to build or delete preview stores and build or delete published stores. The fee compensates the issuer for the time after settlement with the acquiring bank merchant bank and before it recoups the settlement value from the cardholder. User configurable. Relate products together.

These corporations typically charge merchants a discount rate and a transaction fee for this service. Terminal ID a term used to indicate the specific merchant ID used by a merchant to process a specific category of transactions. Transaction a transaction is considered by most credit card processors to take place when a request for authorization or capture is passed through to them. Your complete showroom.

Cardholder Any person who opens a credit card account and makes purchases using a credit card. Your complete showroom. Merchant account network solutions. Properties a feature in the WebCommerce Back Office where the merchant defines specific pieces of information necessary to running his store, such as: the store's name, address, contact information, where its logo graphic is located, whether or not the store is open to take orders, etc.


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