Payment Gateway

In order to accept credit cards you need a shopping cart like CartGenie, an Internet Merchant Account, and a payment gateway.  A payment gateway is a system that validates a credit card during a transaction and transfers funds to your Internet Merchant Account.  During an online transaction the shopping cart software (i.e. CartGenie) sends a request to the payment gateway provider asking it to verify that the credit card being used has sufficient funds to pay for the purchase.  If it does, the gateway handles the transaction details and transfers the funds into the merchant account.

We've partnered with iTransact, a leading provider of payment services, to simplify the process of obtaining a payment gateway plan.  Since 1994 iTransact has been in the payment services business.  iTransact's services enable merchants to authorize, settle and manage credit card or electronic check transactions anytime, anywhere.  Order your gateway account from J Street Technology and receive discount pricing - Order Now!

$24.99

NONE up to 500 monthly transactions

* $0.14 for each transaction over 500

* Note: Your Internet Merchant Account must use a "credit card processing network" supported by iTransact.  We recommend an Internet Merchant Account from Payment Alliance if you do not already have one. 

Credit Card Processing Networks Supported by iTransact:
PAYMENTECH (GENSAR) , FIRST DATA - CARDNET (CES/FIRST DATA/FDMS) , FIRST DATA - NABANCO (FDMS SOUTH) , FIRST DATA - OMAHA (FDR7/ETC7/FDMS TYPE 7) , FIRST DATA - CANADA , NDC - ATLANTA EAST PLATFORM (GLOBALPAY/GPS/CNET) , NOVA , VITAL (VISANET)

How does credit card processing work?

Understanding the backend mechanics of how a shopping cart, payment gateway, and an Internet Merchant Account work together can be a bit confusing. Below you'll find a detailed explanation of how the cart, gateway, and merchant account all work together and why you need all three.  Steps 1 - 6 happen in a matter of seconds while steps 7 and 8 occur daily.

1. Your customer enters their credit card details and clicks submit. The Online Store (i.e. CartGenie) sends the encrypted credit card information to the Payment Gateway (i.e. iTransact).

2. The Payment Gateway submits the transaction to the Credit Card Interchange. All parties involved in the credit card transaction (i.e. processors, acquirers, issuers and so on) manage the processing, clearing, and settlement of the credit card transaction. This is also known as Interchange.

3. The Credit Card Interchange sends the transaction to the customer's credit card issuing bank to see if the customer has enough funds available on the card.

4. The Issuing Bank approves or declines the transaction and sends the transaction response back to the Credit Card Interchange.

5. The Credit Card Interchange sends the approve/decline response back to the Payment Gateway.

6. The Payment Gateway sends the approve/decline response back to the Online Store. If approved the order is accepted by the Online Store.  If declined the Online Store displays the reason for the decline.

7. If the transaction was approved Settlement occurs. Settlement is the process in which funds are transferred (after fulfillment) from the customer's Card Issuing Bank to the merchants Internet Merchant Account (i.e. Payment Alliance). This process happens daily.

8. Your Internet Merchant Account transfers the payment to your normal Merchant Bank Account and you now have the funds. This process happens daily.