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Introduction
Around 90% of website sales are made payment online through
credit cards. If you don't accept them, you are missing out 90% of your
customers. However it is essential that you accept credit cards through a
secure server on your site.
The easiest method for accepting payments
online is through a third party payment processor.
With a third party processor, you do not need to
handle any of the payments. It is all done by the
3rd party company, e.g. PayPal, Clickbank.
You pay only when you make sales. The
advantage is very quick set up and very low cost.
Relevant links are provided as follows:-
PayPal
Getting started with PayPal is easy! After signing up for your
PayPal Business account, log in and go to the Merchant Tools tab. From there,
you can create your PayPal Website Payments buttons. Add your new buttons to
your website to start collecting PayPal payments immediately. It is
probably the most economical option for you. To accept payments with PayPal it
costs only 2.2% plus 30cents per sale.
ClickBank -
This is a good option for computer software and
information products e.g. ebooks. The advantage of using clickbank is that they have an army
of affiliates who can sell the information products
for you. ClickBank can handle your affiliate programfor you. You
would pay higher fees for the process. Remember that they are
also helping you to sell your product, recruit affiliates
etc.
StormPay
Send Money - StormPay.com allows buyers to make safe and secure purchases
without worry about their financial information being stolen.Identity theft is
the fastest growing crime worldwide: Using StormPay to send your payments online
guards your information against Identity Theft. The recipients of your payments
only receives your name, email address, amount of purchase, and optional
shipping information.
Receive Money – Increase your sales by accepting payments through
StormPay.com. StormPay allows you to accept all major credit cards, Internet
Checks, Money Orders, Bank Wires, and more!
Set up your own merchant
account
This is more difficult than using a 3rd Party Processor, but it is
probably a better option if you are accepting a large number of payments. For
more information on this go to MERCHANT ACCOUNT
application.
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