Bravo Software GroupRemoteDesk
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Transaction Cycle

  1. Merchant builds their site/store – A company would design and build a web site that includes for sale product and/or services. In addition, they would select a method of payment processing, and integrate these abilities into the site. Once the site is completed, the merchant is ready to receive orders from shoppers.
  2. Visitors place orders – Shoppers can browse through products, adding them to a shopping cart as they go. When they’re finished shopping, they confirm the order, and provide personal contact information, including a shipping address.
  3. Enter payment details – Once the purchaser enters their personal information, they’re prompted for the credit card number (or other accepted payment methods). Once the data has been entered, shoppers click on “Confirm Order”.
  4. Authorizes order – Once the customer places the order the system will seek approval of the credit card. The system would either submit the credit card details to a payment clearing house or directly to the banks network.
  5. Approves or Denies – Once the bank’s system receives the transaction authorization back, it approves or denies the order based on the shopper’s available credit and status.
  6. Returns information to store – The approval or denial is then sent back to the store, and provided to the shopper. If it was completed, a transaction or order number and receipt is displayed for printing. From start to finish this process usually takes less than 15 seconds. When the order is approved, the bank will debit the item on the shopper’s credit card, or the funds are transferred into the merchant's bank account.
  7. Posting into accounting system - Once this cycle has completed, the results of the order confirmation get polled by RemoteDesk for data verification and preparation for posting into ACCPAC Plus, ACCPAC Windows or Adagio.

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