Phillip Verheyden's guest appearances

Phillip Verheyden

The eStore Coaching Podcast - Build. Market. Grow. | The 3 Pillars of an Online Business

Pat Flynn

AJ Wilcox

Patrick Rauland

Stuart McKeown

Ben Sailer

Craig Fox

Michale Laluna

Asim Khan

Anthony Bottoli

Evan Streusand

Michael Fensterstock

Elysia Tsai

Brendan Dubbles

Noah Dentzel

John Antonelli

OwlTail

What is the current state of e-commerce sales tax? Currently, online retailers are required to collect sales tax from customers in their own state. In addition, Nexus, which is defined as having a significant physical presence in a state, determines whether an online retailer is also required to collect sales tax from out-of-state customers. For example, online retailers must collect sales tax from out-of-state customers if the retailer has a physical presence within that customer’s state, which includes a temporary or permanent presence of property or people working in that state.

What is the current state of e-commerce sales tax? Currently, online retailers are required to collect sales tax from customers in their own state. In addition, <a href="http://www.websitemagazine.com/content/blogs/posts/archive/2013/03/11/e-commerce-sales-taxes-in-focus.aspx" rel="nofollow" target="_blank">Nexus</a>, which is defined as having a significant physical presence in a state, determines whether an online retailer is also required to collect sales tax from out-of-state customers. For example, online retailers must collect sales tax from out-of-state customers if the retailer has a physical presence within that customer’s state, which includes a temporary or permanent presence of property or people working in that state.

Day21 Ecommerce Taxes with Phillip Verheyden from Broadleaf

When it comes to payment gateway options, there are plenty to choose from.  One of the original companies whom I worked with offered both a merchant account and a payment gateway – wasAuthorize.net.  The newer options include Stripe where they offer a flexible integration solution, loaded with features like monthly billing, coupon options, trials and unlimited subscription options. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor. – Wikipedia A merchant account is a bank account that enables your business to accept card payments. You must have a merchant account in order to be able to accept credit cards. Most companies bundle the two services (payment gateway and merchant account) together but they can also be bought separately.

When it comes to payment gateway options, there are plenty to choose from.  One of the original companies whom I worked with offered both a merchant account and a payment gateway – was<a href="http://estorecoaching.com/authorize" rel="nofollow" target="_blank">Authorize.net.</a>  The newer options include <a href="http://www.estorecoaching.com/go/stripe" rel="nofollow" target="_blank">Stripe</a> where they offer a flexible integration solution, loaded with features like monthly billing, coupon options, trials and unlimited subscription options. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways protect credit card details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor. – Wikipedia A merchant account is a bank account that enables your business to accept card payments. You must have a merchant account in order to be able to accept credit cards. Most companies bundle the two services (payment gateway and merchant account) together but they can also be bought separately.

Day20 of 30 Ecommerce Payment Gateway with Phillip Verheyden from Broadleaf