How are credit card transition carried out in normal everyday shopping? What are the special problems which are encountered when credit card transition is to be carried out in e-commerce?

** To sell things on the web, a merchant must accept credit cards. To accept a credit card payment on the internet you must first open a merchant account with your bank.To complete the cycle the merchant needs a shopping cart program that allows users to collect their purchases.The shopping cart interfaces with a payment processing system such as cyber cash.;Calculates the costs and taxes and delivers a complete bill for customer approval.To improve fraud detection cyber cash offers it online merchant customers a real time fraud detection service to show when a customer is trying to make fraudulent online purchases using credit cards.

1. Most card issuers charge interest from the day a charge is posted to the account if payment is not made in full monthly.Some charge interest from the data of purchase.Several ways be fore they have even paid the store on your behalf.

2. For the merchant credit card transitions result in intermediate credit to the credit to the merchants bank account.

3. A cardholder can dispute charges or purchase to the card issuer. In this case, the merchants acquiring bank can reverse payments or adjust payments as the situation warrants.