Merchant Accounts

Merchant Accounts


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Real Time Transactions

Written by Patricia Tunstall
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Real Time Transactions for Quick Approval

Real time transactions for Internet payments speed up the purchase process so busy customers are not held up by out-of-date technology. Today's shoppers expect fast, trouble-free handling of their credit card and check payments, and ecommerce merchant accounts bring this reliability to the process. Powerful software for your computer enables you to accept, authorize, and manage credit card and check payments received on- or offline.

Offline orders received via phone, fax, email, or in person can be processed using a virtual terminal that functions anywhere there is an Internet connection. These orders and payments are also completed in real time, meaning, approval is granted within seconds. A virtual terminal in essence makes all customer purchases online transactions so a merchant can easily handle them all in the same manner.

Software Features

The software that runs the Internet payment gateways can be customized to suit the needs of a particular business. Aside from being able to process offline orders as real time transactions, the software can be adapted to handle recurring billing with differing amounts. Once set, the billing occurs automatically for such items as membership dues, installment payments, or subscription payments.

Real time transactions for Internet sales work through your website. When customers place orders online, a merchant realizes this process saves hiring more employees who would be necessary if the sales were placed in person or on the phone. A great feature is the automatic processing of orders and payments; all you need to do is open your email and start filling those orders!

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