How do real-time credit card transactions work?
Accepting credit card payments online requires a special type of bank account, known as a Cybercash merchant account. A merchant account facilitates the transfer of funds from a shopper’s credit card account to your bank account. In order to accept credit card payments in real-time, you will need to set up an Internet merchant account with a bank. Because it can take some time to secure an account, you can begin building your e-Store while your merchant account is being set up. • What additional services do I need to purchase in order to accept real-time credit card payments online. [to top] None, because everything you need is included with e-Store. Once you have established a merchant account, you will automatically have the ability to begin accepting payments at your site via ecfirst.coms relationship with CyberCash, the largest online credit card payment company.