Articles about Payments

Behind the Scenes of eCommerce: How Online Payments Work

Sunday, June 4, 2017
How online payments work

The topic on online payments is a bit difficult to answer without writing a dissertation on payment processing. Each of the terms deserves to be considered as a separate topic. The following, therefore, is not pretended to be an encyclopedic presentation of information of how online payments work for merchants. Nevertheless, it explains the main processes that occur during online payments.

Instant purchases

Monday, February 2, 2015
Instant purchasesHave you had online purchase experience when you were required to fill in long forms and go through a registration procedure (receive confirmation e-mail – confirm account – follow the purchase procedure once again, etc.)?
Have you changed your mind and closed the shop's window being bored and frustrated with this process?
We in Getsocio have faced such situations and at some point decided to design a solution to eliminate these inconveniences for customers.

Getsocio Expands the Range of Payment Gateways for Deal Payments

Tuesday, June 11, 2013
Getsocio.com, an online commerce platform for daily deal entrepreneurs, expands the range of payment options for deal payments. 

WorldPay, one of the leading providers of electronic payment processing solutions, is now available for daily deal websites developed on Getsocio software platform.

Getsocio provides software solutions for building daily deal websites internationally and serves customers in the United States, United Kingdom, Australia, New Zealand, Germany, France, Italy, Netherlands and other countries. The geographical diversity of customer base leads to the necessity to employ a broad range of payment solutions for supporting convenient payment methods regardless of location of the customers. The list of payment options supported by Getsocio includes major payment systems, such as PayPal and Authorize.net, along with less known Bluepay, Mister Cash, Payfast, PostFinance and others.

Multiple currencies

Tuesday, December 20, 2011

Each daily deal site on Getsocio can now handle multiple currencies.

The amount is automatically converted from one currency to another when needed. The exchange rates are fetched every day from European central bank.

There are two practical use cases for multiple currencies