eCommerce Primer
 
What is eCommerce? Electronic commerce refers to sales transactions executed via the world wide web. It's simply shopping online.
 
The buyer finds a web site selling good or services they wish to purchase. Shopping cart software gathers the order details and payment information for transmission to the secure credit card banking gateway.
 
The webstore owner uses a real-time payment gateway, such as iGateway, the credit card is automatically charged. If the transaction is approved, the merchant is notified of the new order and ships the order when ready.
 
For non-real time solutions, the merchant receives the credit card details in an encrypted email and charges the card manually via a virtual terminal connection and ships the online order.