Having an online store is more important today than it ever has been, but the task of opening one can sound daunting for small business owners. Many payment processors mention having payment solutions that are web developer friendly, but what about business owners that don’t have the money to hire additional help? Thankfully, there’s a few ecommerce solutions that are made for this predicament, and require very little technical knowledge to implement correctly.
Hosted platforms are one of the best ecommerce solutions for business owners that are looking for an easy-to-implement option that keeps their risk of fraud low. These platforms use one or more services that are operated by a payment processor to authorize and complete a payment; alternatively, more technically complex solutions are integrated straight into a businesses website and require the help of a web developer. Given that the payment page isn’t incorporated into the business’ website, the payment processor is responsible for the pages’ upkeep and operations. Additionally, the personal data that needs to be securely stored is kept with the processor and not the responsibility of the business.
One of the most common types of a hosted platform is a hosted payment page. As the name suggests, the payment portion of an online purchase is done on a web page owned by the payment processor, not the business. A solution like this can be implemented with little technical knowledge, making it a good option for many businesses. Click here to learn more about Moneris’ hosted ecommerce solutions.
A virtual terminal is a slightly different alternative to something like a hosted platform, but it might be exactly what your business needs. A virtual terminal allows businesses to process ecommerce payments even when customers and cards are not present. This solution is a secure, web-based interface that connects directly through the Moneris Gateway, and is accessible through the Merchant Resource Center. If you’re interested in processing payments online instead of having a payment terminal, but don’t have an online store, a virtual terminal might be the right solution.
Looking for more information to help you with your online business? Check out our articles How to Accept Debit Cards Online and Payment Gateways 101: What They Are and How They Work.
The information in this article is provided solely for informational purposes and is not intended to be legal, business or other professional advice or an endorsement of any of the websites or services listed.