With the evolution of the Cashless Policy/Economy and enforcement by Central Bank,any webmaster or website owner need to get ready to adding an online store to his/her website and make buying of goods and services more convenient as customers can buy products and services from the convenience of their homes and offices.

But before that can be achieved,there are some requirements which are:

Domain name if not previously owned

Hosting server if not previously owned

Website design with shopping cart solution,

Dedicated IP with SSL Certificate for securing your site

Bank Account either Savings, Current or corporate which the payment will be going into and where the merchant ID will be generated.

That is that and before I proceed,I will like to give you more enlightenment on this issue by telling you some other things you need to know about ecommerce/epayment.

Who is the ecommerce/epayment solution meant for?

Merchant who want to sell products online
Merchant who render services and want to make it easy for customers/clients to pay online
Religious organizations, NGOs, Governmental organizations, and Political Parties who want to receive voluntary donations and fees online
Educational Institutions who wants to receive fees from students and parents, saving them the hassles of going to cue-up in the banks
And any other interested firm who wants to tap into the cashless electronics society


What is a merchant account?
A merchant account is way for businesses to accept credit cards both online and offline. Merchant account processor companies provide credit card authorization and charges in real-time.

Why accept credit cards?
80% of the world buys products and services on credit. over 87% of all Internet customers use credit cards and businesses loose sales over 60% of the time if they don't accept credit card payments!

Credit cards are ecommerce and trying to do business without them is like swimming against the tide. You need 2 things to accept credit cards, first a small business merchant account and second a way to process these transactions. At brick and mortar stores the processing takes place when your card is swiped through the card reader. At online stores the processing is done when a shopper types in their credit card information and it is verified by a merchant account processor. Debscom partnerships with many different merchant account providers allow you to both have a merchant account and process credit cards. We provide a variety of merchant account provider companies so that your company can find the solution that is right for your business.

How does it work?
With most merchant accounts, during checkout the shopper will be asked which method of payment they prefer to use, if they select a form of credit card payment they will be redirected to a secure page within the store to enter their credit card information. After the shopper selects submit, the credit card information will be sent to the correct merchant account where it will be verified and either accepted or denied by the merchant account service provider. If the transaction is denied the shopper will be alerted immediately so that they may correct and continue or cancel the transaction. The advantage of this system is that the user has never left your store and yet their transaction has been either accepted or denied and the goods can be immediately sent.

Security
Internet credit card fraud has always been a problem. All of our merchant account provider companies do their best to catch fraud. We have a variety of mechanisms in place to checking shipping address against the credit card billing address and to check card verification codes with visa and mastercard. We recommend you use these features to their fullest in order to lessen your companies liability. The benefits of accepting credit cards far outweigh the negatives but you should be aware and vigilant to lessen the impact on your business.

List of credit card processing gateway we integrate

1) Interswitch is one of the first card company in Nigeria and a partner of MasterCard. They built their own gateway which they lease to clients for N150,000 one time fee and 1.5% commission on every payment. The gateway can charge MasterCards, Verve and the regular Nigerian Interswitch cards.

2) Etranzact is the second major card company in Nigeria, they also have their own payment gateway which you can lease for a one time fee of N120,000 and unconfirmed 1.3% commission. With this gateway you can receive online payments from Etransact cards and their mobile money subsidiary PocketMoni.

3) GlobalPay is built by Zenith Bank just like the GTPay, it allows the bank customers to receive card payments on their website. GlobalPay is regsitered with Interswitch, UnifiedPayments and Etransact. Gateway setup fee for U-collect is N75,000 but they charge transaction fee of 0.5%

4) GTPay is owned by GTBank. The bank built this gateway to let its customers receive payments through Interswitch’s and Etranzact’s gateway for a setup fee of N75,000. They also charge 0.5%

5)The UBA U-Collect is an Internet Payment Gateway service which allows Merchants accept online payments for goods and services. This solution accepts multiple card types available in Nigeria – VISA, Verve, MasterCard and e-Tranzact. Gateway setup fee for U-collect is completely free but they charge transaction fee of 1.5%

6) VoguePay is a privately owned gateway with lots of features like user wallets and recurrent billing. They are subscribed to Interswitch, Etrazact and UnifiedPayments; bringing together all the possibilities of accepting payments in Nigeria. They offer free registration, N1,000 verification charge and 1% charge per transaction + 1% per settlement fee.

7) Eyowo is yet another payment process registered with Interswitch and Etranzact for now. They have a very friendly interface for both merchants and the payers. They charge N6,000 setup fee and 1% transaction fee.

Take advantage of internet usage explosion in Nigeria and sell your products and services online. Accept Credit and Debit Cards and major currencies of the world for your products.

Inline with the Central Bank cashless policy, Debscom Technology Ltd has tapped into the potential by partnering with the leading online processing companies and Banks to achieve this goal. We provide one of the best shopping Carts solutions in the e-commerce world, with capability for diverse categories, products and payment gateways. From the top of the range shopping carts, to reliable gateway solutions, to secured online security seal (that gives your shoppers the desired confidence), Debscom will deliver. The solution adds an online store to your website and makes buying your goods and services more convenient as your customers can buy your products and services from the convenience of their homes and offices.

Contact us Now for your ecommerce/epayment solution...
There are many companies out there that offer credit card processing. Debscom Technology Ltd has chosen to partner with some of the largest and most well respected in their fields and we are confident you will find a processor that meets your company’s needs. If you would like us to build an ecommerce website for you with epayment capability.

For quotation on a new or existing ecommerce website, or you need further enquiry
Call: 0 8 1 8 1 0 2 7 1 2 8 , 0 1 8 8 3 9 4 6 6, 0 8 0 3 3 9 4 7 9 0 4
email: webdesign@debscomtech.com
Office: Penthouse/6th floor, Skyfield Building, 44/46, Commercial Avenue, Sabo Yaba Lagos
Website: www.debscomtech.com

presegsADESIDA: With the evolution of the Cashless Policy/Economy and enforcement by Central Bank,any webmaster or website owner need to get ready to adding an online store to his/her website and make buying of goods and services more convenient as customers can buy products and services from the convenience of their homes and offices.

But before that can be achieved,there are some requirements which are:

Domain name if not previously owned

Hosting server if not previously owned

Website design with shopping cart solution,

Dedicated IP with SSL Certificate for securing your site

Bank Account either Savings, Current or corporate which the payment will be going into and where the merchant ID will be generated.

That is that and before I proceed,I will like to give you more enlightenment on this issue by telling you some other things you need to know about ecommerce/epayment.

Who is the ecommerce/epayment solution meant for?

Merchant who want to sell products online
Merchant who render services and want to make it easy for customers/clients to pay online
Religious organizations, NGOs, Governmental organizations, and Political Parties who want to receive voluntary donations and fees online
Educational Institutions who wants to receive fees from students and parents, saving them the hassles of going to cue-up in the banks
And any other interested firm who wants to tap into the cashless electronics society


What is a merchant account?
A merchant account is way for businesses to accept credit cards both online and offline. Merchant account processor companies provide credit card authorization and charges in real-time.

Why accept credit cards?
80% of the world buys products and services on credit. over 87% of all Internet customers use credit cards and businesses loose sales over 60% of the time if they don't accept credit card payments!

Credit cards are ecommerce and trying to do business without them is like swimming against the tide. You need 2 things to accept credit cards, first a small business merchant account and second a way to process these transactions. At brick and mortar stores the processing takes place when your card is swiped through the card reader. At online stores the processing is done when a shopper types in their credit card information and it is verified by a merchant account processor. Debscom partnerships with many different merchant account providers allow you to both have a merchant account and process credit cards. We provide a variety of merchant account provider companies so that your company can find the solution that is right for your business.

How does it work?
With most merchant accounts, during checkout the shopper will be asked which method of payment they prefer to use, if they select a form of credit card payment they will be redirected to a secure page within the store to enter their credit card information. After the shopper selects submit, the credit card information will be sent to the correct merchant account where it will be verified and either accepted or denied by the merchant account service provider. If the transaction is denied the shopper will be alerted immediately so that they may correct and continue or cancel the transaction. The advantage of this system is that the user has never left your store and yet their transaction has been either accepted or denied and the goods can be immediately sent.

Security
Internet credit card fraud has always been a problem. All of our merchant account provider companies do their best to catch fraud. We have a variety of mechanisms in place to checking shipping address against the credit card billing address and to check card verification codes with visa and mastercard. We recommend you use these features to their fullest in order to lessen your companies liability. The benefits of accepting credit cards far outweigh the negatives but you should be aware and vigilant to lessen the impact on your business.

List of credit card processing gateway we integrate

1) Interswitch is one of the first card company in Nigeria and a partner of MasterCard. They built their own gateway which they lease to clients for N150,000 one time fee and 1.5% commission on every payment. The gateway can charge MasterCards, Verve and the regular Nigerian Interswitch cards.

2) Etranzact is the second major card company in Nigeria, they also have their own payment gateway which you can lease for a one time fee of N120,000 and unconfirmed 1.3% commission. With this gateway you can receive online payments from Etransact cards and their mobile money subsidiary PocketMoni.

3) GlobalPay is built by Zenith Bank just like the GTPay, it allows the bank customers to receive card payments on their website. GlobalPay is regsitered with Interswitch, UnifiedPayments and Etransact. Gateway setup fee for U-collect is N75,000 but they charge transaction fee of 0.5%

4) GTPay is owned by GTBank. The bank built this gateway to let its customers receive payments through Interswitch’s and Etranzact’s gateway for a setup fee of N75,000. They also charge 0.5%

5)The UBA U-Collect is an Internet Payment Gateway service which allows Merchants accept online payments for goods and services. This solution accepts multiple card types available in Nigeria – VISA, Verve, MasterCard and e-Tranzact. Gateway setup fee for U-collect is completely free but they charge transaction fee of 1.5%

6) VoguePay is a privately owned gateway with lots of features like user wallets and recurrent billing. They are subscribed to Interswitch, Etrazact and UnifiedPayments; bringing together all the possibilities of accepting payments in Nigeria. They offer free registration, N1,000 verification charge and 1% charge per transaction + 1% per settlement fee.

7) Eyowo is yet another payment process registered with Interswitch and Etranzact for now. They have a very friendly interface for both merchants and the payers. They charge N6,000 setup fee and 1% transaction fee.

Take advantage of internet usage explosion in Nigeria and sell your products and services online. Accept Credit and Debit Cards and major currencies of the world for your products.

Inline with the Central Bank cashless policy, Debscom Technology Ltd has tapped into the potential by partnering with the leading online processing companies and Banks to achieve this goal. We provide one of the best shopping Carts solutions in the e-commerce world, with capability for diverse categories, products and payment gateways. From the top of the range shopping carts, to reliable gateway solutions, to secured online security seal (that gives your shoppers the desired confidence), Debscom will deliver. The solution adds an online store to your website and makes buying your goods and services more convenient as your customers can buy your products and services from the convenience of their homes and offices.

Contact us Now for your ecommerce/epayment solution...
There are many companies out there that offer credit card processing. Debscom Technology Ltd has chosen to partner with some of the largest and most well respected in their fields and we are confident you will find a processor that meets your company’s needs. If you would like us to build an ecommerce website for you with epayment capability.

For quotation on a new or existing ecommerce website, or you need further enquiry
Call: 0 8 1 8 1 0 2 7 1 2 8 , 0 1 8 8 3 9 4 6 6, 0 8 0 3 3 9 4 7 9 0 4
email: webdesign@debscomtech.com
Office: Penthouse/6th floor, Skyfield Building, 44/46, Commercial Avenue, Sabo Yaba Lagos
Website: www.debscomtech.com

Lest I forget;now that PayPal is now in Nigeria,we can as well integrate PayPal payment gateway for you along with flawless USA Verified PayPal for receiving your payment since Nigeria PayPal cannot receive payment but can only send payment.

Also do feel free to ask any question

Is there any question on this?