A merchant account enables you to accept credit cards as payment for the purchase of goods and services. There are different types of merchant accounts. For example, if you have a traditional "brick and mortar" store, you can get a retail merchant account. If you want to accept credit cards on your Web site, however, you need a specialized type of merchant account known as an "Internet-ready" merchant account.
Internet-ready merchant accounts enable you to handle Internet transactions in "real time" without any human intervention. Because the risk of credit card fraud is greater when you are accepting credit cards over the Internet, these specialized merchant accounts also provide additional checks that can significantly reduce the chance of credit card fraud. Once the transactions are processed, the merchant account provider transfers the funds received from the credit card transactions from your merchant account to your bank account.
Merchant Manager currently supports
If you already have a merchant account, you can use it with your ecommerce plan as long as it supports one of these payment methods. If you don't already have a merchant account and would like to order one, you can apply for an account directly from withinSiteControl.
Once you have set up your merchant account, you will need to configure Merchant Manager to work with your merchant account. For details, see Installing and Configuring Optional Payment Modules.