Ecommerce has created much hype these days as it has made the shopping as well as selling much more easy and flexible for the buyer as well as seller. Ecommerce website is a must for having an online business. It is essential for the owner to have a merchant account and payment gateway for collecting the earning made by sales of online products while conducting online business.  In fact, an Ecommerce design is quite complex and it requires several important features that need to functioning smoothly and for this reason only, it is preferable to hire a professional. Here are some of the important things that you need to know about the Ecommerce web design.

Merchant Accounts:

This is a specially devised account for the online retailers as it is this account that permits non-POS (Point Of Sale) transactions. The non-POS transactions takes place with the help of the credit cards but its only the number of the credit card mentioned and does not deal with the swiping of the card. Hence, a merchant account is quite different from a bank account in the terms of accepting cash from the credit cards which is later on deposited in a bank account.

Payment Gateways:

This is certainly the most important part that you need to know about. It is a payment gateway that is in the front end of the merchant account. It enables you to manage your transactions, earnings, and so on. The customer makes payment through the gateways that you provide such as PayPal, MasterCard and so on. In fact, a payment gateway is the connecting link between your ecommerce website and the merchant account. The details of the customer’s credit card are entered in the payment gateway which is submitted to the processing bank. The bank then approves the payment and sends the response to the retailer’s account. Hence, payment gateway is the most important feature of any online transaction. Few of the well recognized payment gateways are PayPal, Authorize.Net, Verisign, 2CheckOut.com, Linkpoint, and so on. It is necessary that while selecting a payment gateway the online retailer must look for the things such as CISP, SDP, and DISC. This are all meant for the security of the financial transaction taking place online and prevents any fraud.