[thelist] Explaining Payment Processing

Joshua Olson joshua at waetech.com
Wed Jun 22 09:23:28 CDT 2005


Hi List,

I'm preparing to write a document explaining the nuts and bolts of Payment
Processing for the typical client.  Here's the outline that I've created to
guide my document.  Would anybody mind commenting on changes to it before I
begin?

Thanks!

What is Payment Processing?
	Defined
	Role in E-Commerce
	Other Role in Websites
	Key Components (Merchant Account, Gateway, Client Interface)

What is a Merchant Account?
	Explanation
	Bank vs. 3rd Party
	Storefront vs. Internet Payments

What is a Gateway?
	Need for Gateway
	Key players (Authorize.net, LinkPoint, etc)
	Skipping a Gateway (Nova, etc)

Payment Processing Alternatives
	PayPal
	Print and Mail/Fax Forms

<><><><><><><><><><>
Joshua L. Olson
WAE Tech Inc.
http://www.waetech.com/
Phone: 706.210.0168 

Monitor bandwidth usage on IIS6 in real-time:
http://www.waetech.com/services/iisbm/




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