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Originally Posted by andynov123
Correct me if I'm wrong but you can create Apache FastCGI applications developed using C++ that are payment transacation systems correct?
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You can create any type of application you want.
Quote:
Originally Posted by andynov123
And if so how secure would this be compared to using something like Paypal?
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It's no more or less secure, they are two completely different things. Your application is still going to have to connect to a merchant to process your orders. If you go the Paypal route you have the option of either handling the payment on Paypal's site or signing up for a merchant account and you can use their API to handle the payment processing.
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Originally Posted by andynov123
Does this mean I can run the system from my computer and not pay a monthly fee to use a server? If I'm wrong then how much would a monthly fee be usually?
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In theory you could run the server from your computer, but that is a very bad idea for a lot of reasons. You can get shared hosting for pretty cheap(as low as a few dollars a month), but to have complete control of the server you would need to rent either a VPS(~$40/month but varies depending on your features) or dedicated server(~$100/month at minimum; usually more).