What are E-Commerce Business and Merchants?Posted by Daniel Brain on June 28th, 2018 E-commerce or online business is a term for a business, or business transaction, that includes the exchange of data over the Internet. It is as of now a standout amongst the most imperative parts of the Internet to emerge. We all are very well aware that when Business and commercial activities are done Electronically it is referred to as E-commerce. Sometimes back it was something which was an advancement in the sector of Business and Commerce but now it’s a requirement and is taking over rapidly the whole of the market. Present and future of Shopping is online and will be completely online. And this the reason we are seeing numerous start-ups, entrepreneurs starting up with E-Commerce business and achieving their goals and growing globally. It helps a merchant to connect with their customers beyond the boundaries, and even made customer’s experience also fast, seamless, and most convenient. See a Report A report says that E-Commerce Business sales will cross the figure of 8 Billion by 2018 in the only US using the Mobile devices. A PCI compliant Payment gateway which and be integrated with your E-commerce based Business website and allow your Customer to make a transaction online and help in placing an order and paying for it online. And Here is an important Role of Payment service Provider (Merchant Service provider) who will provide an account or gateway for Merchant to take the payments online. Since an E-commerce Business can fall under either High-Risk category or a low-risk Category as per nature and transactions involved in Business a merchant applying for merchant account Must cross-check for the business category: The following criterion is a perfect match for any business that falls within the low-risk category – Like it? Share it! More by this author |