E-Commerce or Online Payment Processing
E-commerce or online payment processing involve all forms of payment processing performed online. Today, e-commerce has a multitude of applications and it is allows payment acceptance through various means (such as payment gateways or virtual terminals, depending on the sales environment). E-commerce or online payment processing is most often associated with the following concepts:
- Real-time payment management
- Credit and debit card payments (addressing an array of industries and business types – from retail to utility payments)
- Alternative payment acceptance and integration with numerous shopping carts and payment gateways (i.e. Authorize.net, PayPal, etc.)
- Internet check acceptance (ICA)
- Checks by phone (CBP)
- Recurring/subscription billing
- Remote pay, and many more.
E-Commerce or Online Payment Processing Advantages
TransNet offers prime e-commerce or online payment processing options with several advantages for your business. The main advantage of e-commerce is that your business can remain open 24 hours at a very low cost.
Increase Sales with E-Commerce and Online Payment Processing
Traditional businesses can significantly increase their sales revenue by expanding their sales environment to the online world. Even the most conservative businesses can benefit from offering their clients/ customers the opportunity to pay for products and services online, regardless of the types of products or services being provided. As long as the chosen provider is carefully selected, service quality and data security during the process of accepting online payments will not be compromised. With the latest and continuous changes in technology, increasing amounts of business transactions happen online with customers of all ages and within generally all industries.
TransNet Offers Loyalty Programs
Online shoppers respond well to easy-to-use coupons and shopping incentives. TransNet also offers e-commerce (or online payment processing) services coupled with various loyalty programs, including state-of-the-art solutions for card-linked offers. Loyalty programs can be structured in a variety of ways that result in offering repeat customers some form of discount or other incentive. TransNet offers loyalty programs at low fees and often with no upfront investment at all, allowing business owners to maximize their ROI by allocate their funds where most needed and only pay for services that result in spent revenue.
Online Bill Payments
Many electronic transaction companies only work with smaller companies. TransNet has the expertise needed to provide online bill payment services for large companies (including web and mobile bill presentation & payment and IVR phone payments) . TransNet offers highly customizable and user-friendly online bill payment services for large companies, to improve cash flow and customer service, by enabling the customers and staff of large organizations to securely make payments and view their bills online, or by telephone 24×7.
Explore Expert E-Commerce or Online Payment Processing Options
Online payment processing or e-commerce is not automatically high risk. The world of e-commerce or online payment processing is growing in size, complexity, and opportunities for business owners on a daily basis. Contact us today to find out more about the optimal e-commerce or online payment processing services for your business.