Web Global Media a division of 1699407 ONTARIO INC.

E-Commerce is a custom-designed shopping application, which allows your users to buy on-line from your interactive catalogue of products or services. Credit card processing, admin control and generating reports are all part of an E-commerce package.

It’s a fact. Companies who accept credit card payments for goods and services tend to generate higher revenues than those who only accept cash. According to industry statistics, the average credit card sale is $40 versus just $9 for the average cash sale. If that isn’t enticement enough, consider the disadvantage you may face if competitors offer credit card payment options that you do not.

Web Global Media provides a free consultation and will work with you to understand which E-commerce solution would be feasible and a benefit to your company.

How does an E-commerce application work?
An E-commerce application uses real-time processing with a secure server and encryption certificate, which processes transactions instantly. Automatic Processing is a great time saver for web merchants who don’t want to enter credit card information manually one order at a time. With Automatic Processing your website works with your payment processor to verify the card and complete the transaction. You are only notified of successful orders thereby saving valuable time.

When your customer fills out an order form and enters his/her credit card information, the information is then sent via a secure connection (SSL) to your payment processor or transaction service company. Your processor will send a secure message to the bank that issued the purchase. In addition, the processor will verify that the account is active and that the card is not reported stolen.

Once a transaction is authorized, the issuing bank will send your processor an authorization for the funds and reserve the monies. Your website will then be notified of the approval so you can accept and process the order. You may want to consider forwarding your customer to a confirmation page to thank them for their order and acknowledge that it has been received. If a customer’s credit card is not approved, your website will be notified so you can redirect them to a “Order Failed” page.

Just as you incur fees with a merchant account, you incur fees through your online processor. The fee structure is almost identical, but the procedure is much easier. There is no substantial “review” of your business, nor should there be any application fees.

All of the real-time transaction steps mentioned above take only a few seconds or minutes to process, depending on the customer’s internet access speed and modem.