Subscribe to RSS Feed

Payment System

As with your choice of a Web-hosting company, the payment system you use for your e-commerce site will have a significant impact on the end result. This is not to say that the site will be married to a single payment system for eternity, but as with any divorce, ending a relationship with a payment system can be tedious and costly for your business.

There are two broad types of payment systems, which are frequently known by a variety of names but can be described as either a payment processor or a payment gateway.

Which web technologies to use?

The goals and the possibles issues you already known, now its time to the next step, which is choosing web technologies such as coding, etc. The world have changed, and the popular web technologies as well, previously we have html ((HyperText Markup Language). then PHP, also CSS, CMS, etc, those might be confusing for you.

Also we could create a basic e-commerce online site easily from major company such as Yahoo!, Google, and others provide. By answering some questions and using their interface, you can create a basic e-commerce site in a day. It’ll even be tied automatically into a payment system. But make no mistake: Although you’ll get up and running in no time, the end result will be rather amateurish and very limited.

PCI Compliance Issues

Continuing our previous articles about legal issues, there is another legal issues you need to know, PCI Compliance. PCI DSS, is short for Payment Card Industry Data Security Standard. This is a specific set of rules for ensuring secure, proper handling of credit cards by all commercial vendors. Any company that processes, stores, or transmits credit card information must follow these guidelines, thereby being PCI compliant.

You absolutely do not want to store the user’s credit card information! There are companies that do that, yes, but that’s their full-time job and they have the knowledge, resources, and money to do that properly. Still, even taking credit card information on your site and passing it off to another company means you should be PCI compliant. The specific requirements differ based upon what you actually do with credit cards and how many transactions per year you process.

Legal Issues

Like any other business in this world, like it or not you got to deal with legal authorities eventually. The first time you build your own business company, you’ll be faced with series of legal papers need to solved, and that’s just for starter.

Although in some countries an online business its not quite popular, so that there only little limitation on legal issues, but you got to know your area, cause might be someday you’ll need it after all.

Deciding your business

The first step on creating either its an online business or even offline business, you need to decide what is your business gonna be? To help you decide your business type, you should have goals or targets to achieve.

Off course we all knew that the main goal is getting money from our running the business, which we could do it in many different ways such as selling goods or services, site advertising, etc.