Internet merchant accounts are attainable by means of a bank that lets you accept credit cards, and sometimes other types of payments, online. They are separate bank accounts for the merchant that are approved and capable of receiving credit card payments from credit card providers. As is the case with any business decision, there are advantages and disadvantages to online payment systems and other types of credit card processors and one must be careful making the selection. Merchant services enable you to process credit card payments from your customers. It’s a special account tied to a credit card processor that works with your customer's bank to help route payments into your bank account. An internet merchant will usually want to select the shopping cart and web site hosting company and then order their merchant account based on the gateways that are available in the shopping cart.
Techwave.com has joined hands with Linkpoint to provide a cost effective merchant account for your e commerce shopping cart. At the same time we have incorporated more than 50 payment gateways. The shopping cart is preintegrated with more than 50 major payment processors like link Point with which the shopping cart is fully optimized with. Those having existing URL, can integrate their respective website with the ecommerce shopping cart software along with integrated payment gateway solutions from Link Points and other merchant account service providers like Verysign, Authorize.net, Paypal etc.
The shopping cart program with Merchant accounts and third party payment processors thus serve with the much needed online payment services. It is the most convenient service without the headache of writing and sending a check or calling in an order. Direct sales are generated through internet processors. With internet merchant accounts and other payment providers, validity of payments is ascertained in a less cumbersome method. Such accounts are reliable and involve fewer steps necessary to assure valid payment as compared to less automated processes.