What do I need to take payments on my website?
One of the many things you can do with your hosting package from Tsohost is run an e-commerce site, and one of the key things you will need to run a successful e-commerce site is the ability to take payments through your website.
Before all else, you will need an e-commerce application such as Magento, OpenCart, Prestashop or Shopify. These all come with in-built shopping cart functionalities, however they also have free and premium plugins/extensions/modules available for installation to extend or replace the inbuilt cart function.
So now you have a an e-commerce application and your cart is configured and ready for customers to make purchases through. But before you continue forward you have to take into consideration the security of the transactions taking place through your site; and to assure both your customers and their banks that your site is safe to spend money through you will need to be PCI compliant.
PCI stands for Payment Card Industry and in order to be considered PCI compliant there are cyber-security standards you will need to meet for payment acceptance.
To become PCI certified ;
- You have an up to date SSL installed
- You need to use an approved shopping cart application
- You need to have a vulnerability management plan
- And You will need to ensure that data is stored securely
If you intend to accept payment by credit card through your website you will need to use an ASV or Approved Standard Vendor. ASV's are certified to perform external vulnerability scans for merchants and service providers, The ASV will scan your website and your hosting server to determine what potential weaknesses exist.
Provided that you meet all of these standards, your site will becoming PCI Compliant and ASV approved and you will be seen as trustworthy by financial institutions and customers alike.
To find more information about PCI compliance or ASV tests, please visit pcisecuritystandards.org.