How to Authenticate Financial Transactions on My Website

Asked By 10 points N/A Posted on -
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I have a website and we are going to implement some payment gateways for people who purchase items from my website. I do not know much about web security but I would like to know how the system works. I want to know how we can authentic the cards we will be receiving payment from.

 

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Answered By 0 points N/A #190693

How to Authenticate Financial Transactions on My Website

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You can follow the below instructions according to your need.

** Paypal  is very useful for all websites for money sending and receiving both. It has very simple user interface to use and they charge very less per each transaction.

** Beanstream is best solution when you want to implement payment system in your website.

** To do these, first you have to setup merchant account along with payment gateway.

** Payments can also be received by credit cards by setting up your own account and or you can receive through a third party.

Answered By 562930 points N/A #190694

How to Authenticate Financial Transactions on My Website

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If you want to add a payment system in your website, I guess the best way to do it is to integrate an already available payment scheme on the web that is widely used by other online stores. PayPal is one good option since it also allows its users to use credit cards.

By doing this, you will remove the burden of processing the credit card yourself whenever a customer pays for something. The majority of the online stores I’ve visited integrate PayPal in their website together with other payment services similar to PayPal. To use PayPal as your payment method in your website, you must first sign up for an account.

Visit PayPal Free Sign Up. Since you want to integrate PayPal as your payment scheme, you should select the right column that says “Receive payments with PayPal”. To begin the sign up, click on the Get Started button and follow the instructions. Also remember to verify your account by adding a credit card or debit card into your account to remove the ceiling on the amount you can withdraw when you want to send your earnings to your local bank account.

To guide you in integrating PayPal into your website, you should visit PayPal Standard Checkout.

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