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  1. #1
    Join Date
    May 2009
    Location
    Junction City, Oregon
    Posts
    315
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    Default Payment question - do credit card transactions accumulate and process all at once?

    I'm just working on the tail end of the design on a site I'm doing, so I haven't set up the payment options yet for our site. Having said that, I need to ask a question for my client that I don't have experience with yet.

    He wanted to know if people pay by credit cart or other form of payment, are the sales totalled daily and then processed together? Or are they processed one at a time?

    I think he wanted to know because of the fees associated with each transaction.

    Is PayPal the best way to go?

  2. #2
    Join Date
    Sep 2003
    Location
    Ohio
    Posts
    69,402
    Plugin Contributions
    6

    Default Re: Payment question - do credit card transactions accumulate and process all at once

    You might look at our Recommended Services:
    http://www.zen-cart.com/index.php?ma...es&pages_id=27

    Zen Cart does not "collect" the money ... you have to pick the Payment Modules that you wish to use such as:
    Check/Money Order
    PayPal
    AuthorizeNet AIM

    and then for some, such as AuthorizeNet AIM, you would need to setup an account to work with your bank and the processing company ...

    The Recommended Services can help you in rates for these services and in helping you get something like AuthorizeNet AIM or another service to work with your business, or your client's business, to accept credit cards ...

    And, yes, gateways like Authorize.net will collect all the payments made during the day, and deposit them to your bank account in daily batches. The actual time between collecting payment and arriving in your bank varies from service to service.
    Linda McGrath
    If you have to think ... you haven't been zenned ...

    Did YOU buy the Zen Cart Team a cup of coffee and a donut today? Just click here to support the Zen Cart Team!!

    Are you using the latest? Perhaps you've a problem that's fixed in the latest version: [Upgrade today: v1.5.5]
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