“The possibilties are tremendous,” said Mishoe Lav, chairman of Banking for Dear Grabau LLC, “so we’re lining up payment processors in anticipation of huge sales volume”
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Additionally, it should be noted that senior citizens in the older demographic range, who are typically big online shopping cart product customers offline, are slowly edging towards greater credit card use online. “Older folks are skeptical of making purchases online, fearing identity theft or unscrupulous retailers,” said online shopping cart market analyst Rochel Turrigiano, “but when they see others buying things with no problems, they quickly opt to try it the newfangled way online.” As the internet continues to build and advance, more and more retailers are demanding viable payment solutions for selling their online shopping cart wares online. Payment online is not as easy as it looks: security, credit checks, and balance inquiries have to be made in seconds, so that the merchant can be assured they will get their money, and the customer can be assured they will get their online shopping cart purchase. “Younger folks are practically born with credit cards nowadays,” said Betty Tabeling, a payment solution market engineer with the Martnez Wauford Firm and Partnership, “and are also practically built into the internet. It’s second nature to them, unlike those in older demographics who have more money to purchase online shopping cart items, but choose to do offline.” “I love shopping for online shopping cart stuff online,” stated Kenner Alcott University student Nilsa Oshita, “because I have a student credit card that allows me to make internet purchases. Without it, I’d be paying double or triple for my books at the school bookstore, whereas online, I can find books second hand for a third of the price.” Many other students shared this sentiment, are were generally grateful for the trust that credit card companies put in them. “We’ve slowly moved away from check processing to credit card sales,” said salesperson Fiona Vergeer, who works on the staff of Padgett Kettman and Charleen Varron LTD, “mostly because check processing takes days, and credit cards are almost instant. Further, if the check bounces, and we’ve sold a online shopping cart product, it can take a month to track down the delinquent account holder and get our money back. With credit cards, its up to the respective bank to come up with the money.” Indeed, the days of sending checks in the mail may be over, especially as internet sales of online shopping cart related products continue to boom. Further information regarding new payment processing methods for the online shopping cart industry can be found at www.Leff Spier.com, an international authority on internet commerce. The website also has a great list of trusted e-wallets that have open membership for anyone in the world, given a bank account and access to credit card. “I’m excited to be starting up this new e-wallet,” said Simone Cuthill, CEO of Simone Cuthill LLC, “because we’ve noted a huge demand for online shopping cart transactions online. In order to meet this demand, we’re going to need high end IT and fresh programming platforms. With these two elements teamed together, we believe we can provide payment solutions for online shopping cart companies and many others.” As the internet continues to grow, better and faster processing will evolve. Stiteler Riecke, author of the blockbuster book “E-Business by 2014″ believes that eventually there will be a form of “i-cash” that freely flows between customers and merchants online. Stated Stiteler Riecke, “Movement towards a personal cash card NOT credit card, is starting to begin. When that day arrives, payment processing for those looking to buy online shopping cart stuff will be extremely easy, reliable, and very fast.” Angelica Dugo, Vice President of Customer Relations for mega-company Marlo Cabon INC recently stated that payment solutions are needed more and more as customers flock to the internet to make purchases online. “Essentially, we want fast processing, but also very secure processing. Customer confidence is extremely important in the online shopping cart industry, and we aim to be one of the top businesses in this market. In order to do that, business transactions must be clean,” added Asst VP Mcmanaway Budine. The company also plans to bolster offline payment solutions as well.




