How to Accept Credit Card Payments Online

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Being able to accept credit card payments online is a key part of day to day operations for eCommerce retailers across Canada. Accepting online payments for goods and services allows your business to sell 24 hours a day, 7 days a week. But how do you know where to start if you want to accept payments on your website? In this blog post, we’ll outline the top three required elements for your business to begin accepting credit cards online.

  1. Get an Internet Merchant Account
    An online merchant account is essential to start accepting credit card payments online. Your merchant account is a type of bank account in which your funds will be deposited after customers make a purchase on your website. If you choose a merchant services provider who offers a comprehensive range of online payment solutions, you will get both a merchant account and a payment gateway. This means you can start accepting payments online easily and get paid out more quickly.
  2. Get a Payment Gateway
    Online payment gateways connect your online store with your merchant account, facilitating the processing of transactions between the parties involved, such as your bank and the card issuer’s bank to ensure there are sufficient funds to complete the transaction. In eCommerce, a payment gateway performs the same job as a POS terminal does in a physical store, except it transmits the data online. This highly secure 'virtual' payment terminal that enables your customers to pay online with their preferred credit cards, including MasterCard, Visa, American Express, and Discover.
  3. Integrate With Your Shopping Cart
    The next step when you want to accept credit card payments online is to integrate your payment gateway with your eCommerce shopping cart. After a customer adds items to their cart, your shopping cart software will then calculate the subtotal, taxes, shipping and any other fees. From there, your online shopping cart must send the order somewhere to be processed. Your shopping cart securely encrypts the credit card and transaction details, then sends it to the payment gateway to be processed. Your shopping cart technology should connect to a range of payment gateway types, so you can choose the payment platform that makes the most sense for your business and integrate it with the software of your choosing.


Your merchant account, payment gateway and online shopping cart software all work together to create a seamless online shopping experience for your customers. For more information on how to accept credit card payments online and to learn about MALAQY’s online payment processing options, contact us today!

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