How To Accept Payments Online?
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:-
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.
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 program for you. You would pay higher fees for the process. Remember that they are also helping you to sell your product, recruit affiliates etc.
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!
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.
