Merchant - what is it? Electronic payment system

The World of e-Commerce is designed so that users of the global network more profitable to produce payments for goods and services without closing the browser, i.e. online. Payment via the Internet – ability to pay the seller not only directly, but also via credit cards.

What is a merchant?

And companies involved in the production of goods or provision of services, and entrepreneur who plans to not only advertise their services on the Internet and sell them, you need to open a merchant. What is it?

Thanks to the merchant account Network users can advance to buy tickets, book hotel rooms, to pay penalties and debts as well as pay for many online purchases.

The merchant account (merchant account) called a special payment service that allows customers to send payment with Bank cards Visa, MasterCard, American Express and so on. Merchant account – is the ability to conduct thousands of transactions a minute.

Merchant used for selling software, network games, movies, music files, contacts (e.g. on Dating sites), services (e.g. web design), the conclusion of transactions on Forex and make many other transactions.

Paid online

The Service of merchant is used in the payment system "WebMoney transfer" (WebMoney Transfer). Payments for which the Commission has no need to run WM Keeper come through the Internet interface. System "WebMoney merchant" is used for payment of goods and services on the web sites of the sellers (to such content includes Internet-shops, services of replenishment of external (personal) accounts, and so on).

After the user has found and selected your goods, it automatically throws of "merchant". Here, the buyer will have to first log in using your username and password registered in the system WebMoney (WebMoney), by which he authenticates, and then confirm the payment.

Some users are newcomers, even if they are highly skilled professionals offline can be very difficult to adapt in the world wide web. The answer to the questions: “What is the merchant? What is this site?”, as well as other questions relating to electronic Commerce, they will find immediately after you drive in the search bar of any browser the phrase “system "WebMoney transfer" (WebMoney Transfer)”.

Service "WebMoney merchant" (Merchant WebMoney): details of payments

"WebMoney merchant" is intended for automatic receipt of payments and tracking the latest at the time of payment, as well as to prepare for the procedure e-wallets belonging to the seller.

The Seller, authorizing the merchant to gain access to all the information needed to work with the client:

• Can view statements on the received payments and to inquire about the attempts of the payment made in the last 24 hours;

• Has the right to inspect the transaction to create the payment orders and track their status;

• The merchant system provides the user access to the data about the statistics of payments by various payment methods and Bank statements to withdraw funds from your electronic wallet.

The Attempted payment through the merchant service: what is it?

Access to the list of successful and unsuccessful attempts to make a payment through the service merchant WebMoney is available to the seller on the tab “a Log of attempts”. Here he may see:

• Detailed query text;

• Method of payment;

• With the possible ways to return the payment to the sender.

Attempt to pay with wallet, which has insufficient funds (or no funds), fixed system "WebMoney" as a failure.

About the capabilities of the service to the merchant

All the possibilities that can provide the service of reception of payments "merchant WebMoney" will be available to the seller only after authorization on the website WebMoney. Logged in, the user will be able to:

• Set wallets to receive payments;

• Add additional methods of payment via plastic cards and Internet banking;

• To check the passage of payment;

• Configure payment form and a notification of receipt of payment;

• Generate reports and statistics on accepted payments;

• Generate reports and statistics on the withdrawals from your wallet "WebMoney";

• Topayment tickets and check transactions.

How to accept payments using merchant Sberbank

The merchant of savings Bank – is another way of receiving the payment pages of the website store.

Before to be able to receive payments through Sberbank, the user must register in the system and open a store:

• On the home page LiqPay.com enter the mobile phone number;

• Enter the password you received in SMS;

• After authorization on the site LiqPay go to “Business” and go to “My stores";

• Select the option “Plug the Internet acquiring";

• Provide information about the website store and enter the details of the seller company, without which payments impossible: the Bank account number; credit card number; an account number in the system AS PrivatBank.

Activate store in the system

The validation information about newly registered in the LiqPay system the new store will take about 24 hours. After this time the store will be activated and the user learns in the section “Business”, if you open the menu “My stores”.

In processing the received information by the Bank may be requested registration documents of the company, on behalf of which a store was opened. If this happens, the user a Global network that is online store, will be notified by e-mail, specified at registration.

Advantages of a merchant account

The owners of the merchant accounts receive a number of benefits:

• The absence of exchange controls;

• Round the clock functioning of the service;

• Ability to receive (and for clients – producing) payment on weekends and after hours;

• High-speed calculation system.

A Company or entrepreneur, is the owner of the merchant account can receive payments from several thousand customers. Offshore companies are offered the possibility of doing tax-free business anywhere in the world.

"Lig Drink merchant": what is it?

Activation LiqPay merchant is possible provided that:

• When opening an online store was given information about 100% working website where you can find the description for sale of goods or services;

• The specified product is evaluated and is available;

• Contact details.

LiqPay service owners merchants offer a wide range of public APIs for receiving payments. To take advantage of ready-made html button, an Internet entrepreneur, you must open the section “Business”, and then in the menu that appears, select “Payment button”. Advanced users can configure the API to accept payments on their own.

API labeled Public is available to users that have accounts in LiqPay, immediately after registration of the online store.

The representative of the company that accepts payments via the Internet store, available the identification number for automatic withdrawal of funds from the customer card and transfer them to the seller. Payment is accepted immediately after the buyer clicks on the button “Pay”. Coordination of process of transfer of money takes the acquirer, to use the services which can entrepreneurs, has entered into a contract with the Bank and the management center payment cards.