Web-based transactions are becoming major revenue streams for businesses across all industry sectors. While one in seven Websites garner more than 100 transactions monthly from their Web presence, at three in four sites there are fewer than 50 per month, and for two in five, there are fewer than 10 transactions per month. For businesses that offer products that can be sold and paid for directly online, the Web is rapidly expanding from a marketing vehicle to transaction engine. Backstage transaction processing has always been the weak link in fully automated online transaction processing.
Most online businesses handle incoming forms and card payments manually.
Finally this year we're witnessing dramatic movement toward real-time online order and card processing.