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In Start Your Own e-Business, the staff at Entrepreneur Press and writer Rich Mintzer explain how to build a dotcom business that will succeed.In this book, you'll find recipes for success, road maps that pinpoint the hazards, and dozens of interviews with dotcom entrepreneurs who've proved they’ve got what it takes to survive in this sometimes fickle marketplace.(Pay Pal seamlessly integrates with hundreds of compatible carts or custom-built storefronts.) If you don’t have a shopping cart, the free Pay Pal Shopping Cart can be set up quickly and easily as well. This all-in-one solution gives you features comparable to merchant accounts and gateways, through a single provider and at a lower cost. Transaction fees are listed on the Pay Pal website under Pay Pal Website Payments Pro.

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The payment gateway handles verification and transfer requests.

It interacts with the card issuer’s bank to authorize the credit card in real time when a purchase is made on a website.

In this edited excerpt, the authors discuss the two types of online payment processors you can use on your ecommerce site.

Thanks to the growth of ecommerce sites over the past ten years, credit card accounts are now very easy to set up on your site.

Related: The 15 Most Popular Online Payment Solutions Entrepreneurs and freelancers are sure to love this free, cloud-based online invoicing and payments platform because it’s been designed for the small business owner.

Due provides a wealth of financial, accounting, and project management tools that can save you time and money on non-revenue generating tasks while delivering a professional look and feel that also reflects your brand image.

Website Payments Standard is secure, and you don’t need a separate merchant account or gateway. Website Payments Pro is already integrated into many popular shopping carts, or it can be easily added to a custom-built shopping cart.

Website Payments Pro includes a virtual terminal, which allows you to process payments for phone, fax and mail orders.

The leading providers of payment gateway accounts targeting smaller merchants include: If you don’t have a merchant account, these providers can help you set one up and offer a payment gateway in one convenient package.

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