Credit cards and debit cards with overdraft and credit limits are the most popular and handy way to pay for goods on the Internet. If you use this kind of payment in your website, you should add the specified codes for information input and sending. These requirements are from financial companies and banks for transactions security. It can be tough.
Payment systems can be unitary by one company that provide card payments in that country or some region. Also, banks can provide their services for credit and debit card payments.
The most popular means of payment are:
- Cash
- Transfers
- Online payments using card
- Offline payments using card
- PayPal and similar payment systems (intermediary services for payment by transfer (they are the most popular form of payments)
- Payment using SMS through the phone
If you decide to support card payments on your website, you might have to invest extra money—connecting this service, purchase costs for SSL security certificate, and monthly costs for system support from the bank. SSL is a compulsory requirement for credit/debit card processing. These service payment procedures vary according to the banks and their pricelists.
On average, an SSL certificate can cost anywhere from a few hundred to a few thousand US dollars. It depends on the security level and the certification authority identification. The most important aspects of using an SSL certificate are how these certificates will be identified on different Internet browsers and which certificate authority (CA) they have. Popular and well-known companies in this area are VeriSign and Thawte.
The PayPal payment system is one of the most popular ones for goods in TYPO3-based online shops that use e-Commerce extensions. Shop System, Webformat Shop System, and Commerce all support using PayPal.