I\'m a complete newbie to using online payment systems for web projects, and can

Question

I'm a complete newbie to using online payment systems for web projects, and can't really think of where to start. Let's assume that web system in question needs to generate some income online, and the business idea/functionality is in place, while organizing cash flow is the only unsolved problem.

Points of interest are how the custom developed software interfaces to payment systems, and how the resulting income is available to the owner.

I do understand that there are probably hundreds of systems out there, but to be more specific on which of them suit, I'd have to know how they work, and that's where I don't feel like understanding much.

Thanks in advance.

Explanation / Answer

You arrive at the shop, you pick two items and go checkout. The total is calculated and then you are presented a terminal to enter your credit card information. Once the transaction is completed, you leave the shop with the two items.

Depending on the bank the shop owner work with, he will receive money within 1 or 3 days on his bank account.

The bank provided the terminal. That's no different on your website. There are two common methods:

You present the shopper a secured interface in which he enter his credit card information, that is a part of your website. With that information you can either process the credit card manually or use a background secured web service call to the bank.

You redirects the shopper to a secured interface in which he enter his credit card information, hosted by your bank. With that information, the bank process the payment and redirects the shopper to your shop's confirmation page. You get notified by the bank using an HTTP call, email or whatever you configured.

In both cases, the money arrive on your bank account just like the real shop described above.

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