Is There Any Registration Required For Develop An ECommerce Website?
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Is there any Registration Required for develop an eCommerce website?
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There are no registrations required for developing ecommerce websites.
However, if you are integrating any payment gateway with your ecommerce website, you need to undergo formalities with the payment gateway service provider. Also, the privacy policy, terms and conditions, return policy etc are important pages for ecommerce website.
Still there are no registrations in particular for ecommerce website.
Although, you will still need to register the domain name like for any other website.
However, if you are integrating any payment gateway with your ecommerce website, you need to undergo formalities with the payment gateway service provider. Also, the privacy policy, terms and conditions, return policy etc are important pages for ecommerce website.
Still there are no registrations in particular for ecommerce website.
Although, you will still need to register the domain name like for any other website.
If you want to start an e-commerce website, then you need following things:
Name: You need to find an appropriate name for your company. A smaller name with good pronunciation is considered a good one. Try to find a name that represent your firm best.
Domain Name: After finding satisfying name, you should register it's domain name. It is hard now a days to find a satisfying name that's domain name is available.
Registration: Once you find best name for your firm, and it's domain name, the next step would be to register your firm to Ministry of Corporate Affairs, for that you need to contact a CA.
Trademark: Once the registration finished, you need to get the trademark for the name you choose to represent your firm, so that no body could use it.
Now you are ready, all your documents requirement must be done by now, and you could go for Branding, Web designing and Web hosting and all the other services you would need to start your business online.
Name: You need to find an appropriate name for your company. A smaller name with good pronunciation is considered a good one. Try to find a name that represent your firm best.
Domain Name: After finding satisfying name, you should register it's domain name. It is hard now a days to find a satisfying name that's domain name is available.
Registration: Once you find best name for your firm, and it's domain name, the next step would be to register your firm to Ministry of Corporate Affairs, for that you need to contact a CA.
Trademark: Once the registration finished, you need to get the trademark for the name you choose to represent your firm, so that no body could use it.
Now you are ready, all your documents requirement must be done by now, and you could go for Branding, Web designing and Web hosting and all the other services you would need to start your business online.
Simply put the process really involves 2 parties, a gateway provider who takes the encryped transaction data and sends queries to the appropriate provider (visa/mastercard etc) to validate the transaction. Post validation the results are sent to your website.
The next step involves the transfer of funds from the cardholder's account to the sellers account and for this you need an account called 'merchant account' with a bank. There are hundreds of different banking companies offering merchant accounts and their fees vary considerably.
Of the different types of online payment methods the most common online mode of payment no doubt is the credit card. In order for a credit card transaction to get processed and your payment to be confirmed there are a number of steps with different parties involved which must be completed.
The first step is registration. This is done using a secure web page so the consumer's personal information is encrypted. The registration request is compiled into a format which is required by the card processing company.
The data thus formatted is transmitted to the credit card processing system also known as the payment gateway. Here the information is checked for accuracy and authenticity to continue processing the transaction. Then a request for charging the credit card is sent to the company which company manages the consumer's credit card account.
The next step is the validation of the card and the account. The credit card company sends an acknowledgement back to the card processor that the amount requested can be transferred and the card processor or payment gateway tells the user on the website wether or not the the transaction was successful. Funds transfer process is initiated by the payment gateway. The merchant / seller receives the funds and makes a scheduled delivery of the products / services paid for by the buyer.
What is a payment gateway?
A payment gateway is a software that facilitates transfer of information between a transacting website and the processing bank. When a customer orders a product from a payment gateway it performs a variety of tasks to process and enable a secure transaction of online payments between the internet customer and the seller or merchant. The payment gateway handles the verification and transfer requests and ensures that the processing of the payment is smooth for both merchant and customer.
The next step involves the transfer of funds from the cardholder's account to the sellers account and for this you need an account called 'merchant account' with a bank. There are hundreds of different banking companies offering merchant accounts and their fees vary considerably.
Of the different types of online payment methods the most common online mode of payment no doubt is the credit card. In order for a credit card transaction to get processed and your payment to be confirmed there are a number of steps with different parties involved which must be completed.
The first step is registration. This is done using a secure web page so the consumer's personal information is encrypted. The registration request is compiled into a format which is required by the card processing company.
The data thus formatted is transmitted to the credit card processing system also known as the payment gateway. Here the information is checked for accuracy and authenticity to continue processing the transaction. Then a request for charging the credit card is sent to the company which company manages the consumer's credit card account.
The next step is the validation of the card and the account. The credit card company sends an acknowledgement back to the card processor that the amount requested can be transferred and the card processor or payment gateway tells the user on the website wether or not the the transaction was successful. Funds transfer process is initiated by the payment gateway. The merchant / seller receives the funds and makes a scheduled delivery of the products / services paid for by the buyer.
What is a payment gateway?
A payment gateway is a software that facilitates transfer of information between a transacting website and the processing bank. When a customer orders a product from a payment gateway it performs a variety of tasks to process and enable a secure transaction of online payments between the internet customer and the seller or merchant. The payment gateway handles the verification and transfer requests and ensures that the processing of the payment is smooth for both merchant and customer.
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