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E-Commerce Hosting Explained

E-commerce Hosting usually refers to hosting services that offer the ability to sale products or services online using shopping carts and merchant accounts. We recommend Free Shopping Carts Software for your shopping cart software needs.

An important component of any ecommerce website is to have a secure website. This is done by purchasing a Secure Certificate Software offered by many hosting or domain registrars. You may have noticed the small lock sign that will appear on the bottom of your browser when you shop from a secure site. Another indication of a secure site is the URL address that starts with "https://" instead of "http://." We recommend GoDaddy for purchasing discount secure certificates.

eBay-owned online payment company, PayPal, is the biggest E-commerce processor. They have surpassed 100 million accounts across 55 markets worldwide. The growth reflects the rapid expansion of PayPal's network across the global Internet, including the eBay marketplaces, and online merchants across the Internet.

Jeff Jordan, President of PayPal commented on the news, ''This milestone is a tremendous achievement for PayPal. We've spent the last seven years building a very safe, easy and convenient way to pay online. Our customers prefer to use PayPal because privacy is built right into the service - they can shop online without sharing their financial information with sellers.''

PayPal is popular with not only with online buyers, but also with merchants. Shoppers prefer PayPal to send money, because it is fast and easy to use, and their financial information is protected and never shared with merchants or recipients. PayPal is also used by millions of online merchants, including leading e-commerce sites around the world. With PayPal, merchants can sell their goods to the millions of proven online shoppers that prefer PayPal, often seeing an incremental sales lift after adding PayPal to their sites.

The PayPal service was founded in 1999, ending that year with 12,000 accounts and $235,000 in total payment volume. In 2005, PayPal processed more than $27 billion in total payment volume and exceeded $1 billion in revenue. The company has localized services in 14 countries and supports payments in seven currencies - U.S. Dollars, Canadian Dollars, Australian Dollars, Euros, Pounds Sterling, Japanese Yen and Chinese Yuan.

 

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