E-commerce Transaction

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E-Commerce is a process of performing your online business through your website usually to sell your product eg. Computer products or to provide services eg. SEO, Hosting. Usually the payment is received through Credit Card termed as Merchant Account that allow you accept payment automatically to you account. You don’t need to involve here. This is the smarter way to extent you business and get International Reorganization.
A business providing merchant account establishment and transaction processing payment related services. It may also provide e-commerce software and handle such things as digital delivery, Payment verification.

[stymiee]

If you really wanted to be helpful you could have linked to the wikipedia article for merchant accounts and ecommerce.