One of the most important components of eCommerce operations is a shopping cart. This is a virtual tool that is used by customers to add items while shopping an online store. A cart also allows shoppers to remove items or change the total quantity that is being purchased.
However, there are a lot of technical aspects associated with installing and managing a shopping cart for an online store. For example, special shopping cart software has to be installed onto the web hosting company that hosts an online store.
Some website development companies may charge hefty fees for shopping cart services. Fortunately, cheap shopping cart options still exist in today’s competitive virtual retail world.
There are companies that can save eCommerce merchants a lot of money on annual fees associated with hosting and operating shopping cart features. For example, some eCommerce development sites do not charge any extra fees for special features like SSL certificates, which must be properly configured on a server and web host.
Additionally, it may be necessary to set up entire databases that are linked to information processed by online shopping carts. Merchants can view data and reports on the total amount of sales and other important factors.
Extra layers of security are always appreciated on online stores that want to attract loyal customers. For example, some sites may prompt shoppers to create a user name and password in order to checkout and pay for the purchase. Credit card resolution services also provide some reassurance to online customers.
Due to credit card fraud, there is a concern that some purchases may not get fully processed. Webmasters of online stores may lose a lot of money due to disputes by victims of ID theft and credit or debit card abuse.
Recurrent billing is another important feature of a modern shopping carts for online stores. Sometimes, people want to renew their subscriptions for online services each month. Effective shopping carts also make it easy for members to cancel their subscription at any time.
A merchant account should also be properly configured to receive funds that are coming from online shopping carts. Third party companies that process payments might charge commission fees before the money is transferred into the accounts of the online shop webmasters.
Sales tax management is also a key component of a sophisticated shopping cart system that is designed to handle customers from all over the world.