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Accepting Payments Online

Accepting Payments Online

Accepting Payments Online

If you were to Google for billing card companies, you'd find out that there are thousands of places out there. Most of these companies have set up a merchant account for their own companies, but added the right to accept payments for other companies. So any person with a merchant account, who pays the extra fees to accept other company's payments, can sell their services online.

As with anything else, online or offline, be sure you know who you are doing business with. Be advised that I have only dealt with CCNow and PayPal. The other companies I talk about I have not used myself, but they are popular on the Internet. Still check them out well to be sure they offer the services you need.

Of course, you could always set up your own merchant account, but unless you are doing a lot of sales, I wouldn't suggest going this route. When you set up a merchant account you have to pay a set-up fee, annual fee and a fee per transaction. They will also charge a fee if you want a credit card machine. You have to sell a lot of items that are making you a lot of money, to make this profitable. A company may also require you to sign up with Verisign to ensure your site's security. If you live in an area with a Sam's Club, I would suggest checking them out. They have the lowest fees of any merchant account company that I have been able to find. Costco also has good prices.

When you are looking for a billing company, you need to check out several things. ?Do they take credit cards? ?Which credit cards do they take? ?Do they take checks? ?Will they accept payments from people in other countries? ?Do they charge a set-up fee? ?What do they charge per transaction? ?Do they charge a monthly or annual fee? ?Do they require that you sell a minimum amount each month? ?If you don't sell the minimum amount they require, what fee will they charge you?

Besides a billing company you may also need to consider getting a shopping cart for your site. If you are selling only one item on your site, you won't need a shopping cart. But if you're like me, and selling several items, then you will want a shopping cart. Without a shopping cart, a person can only buy one item at a time. They would have to complete the entire transaction for one item. Then go back to your site and start all over again for the next item. It makes it very difficult, which means that you will lose a lot of sales. With a shopping cart, people can select as many items as they want and the shopping cart will keep track of everything. Then when they're ready to pay for all the items, it's just one simple transaction. Keeping things as simple as possible for the client is one of the keys to success on the Internet.
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Accepting Payments Online Seattle