To increase sales on your website, you must accept credit cards. To process credit cards, you could apply for a merchant account through your bank or other financial institution.
Sometimes, though, you would be further ahead to use the services of a credit card processor. This is especially true when you are first starting out and have more limited resources. In this way, you may process credit card transactions without the high front-end costs and requirements of a merchant account.
Here, then, are just a few ways of accepting credit cards without a merchant account. I personally use all of these vendors and can recommend them wholeheartedly.
1. Clickbank
If your product is downloadable (such as electronic books or software), you might consider ClickBank.com . For a $49.95 initial fee, you can process credit cards and on-line cheques for $1.00 per transaction plus 7.5% of sales.
You receive additional exposure through free listing on their website and through the search facilities of other websites, such as CBMall.com.
As an added bonus, you have your own built-in affiliate program. You decide what commission (from 1% to 75%) you would like to pay your affiliates.
2. PayPal
PayPal.com has no initial fees. For just 2.9% of sales and $ .30 per transaction (and sometimes less), you can receive money from anyone.
Also, you can pay others by credit card or chequing account without supplying your personal credit information to the payee. PayPal can be used to collect money from your auctions, website sales, or even from friends or clients.
3. PaySystems
In the original edition of this article, I recommended PaySystems.com (also known as MyPaySystems.com). This is what I wrote about them:
"PaySystems.com can handle either intangible (downloadable) or tangible (shippable) products. For an initial fee of $49.00, you can accept all major credit cards as well as online checks. Fees are just 3.95% of sales and $1.00 per transaction. Alternatively, you may pay 5.5% of sales and $ .35 per transaction."
"For this, you receive shopping cart, integration with third-party affiliate programs (such as ClixGalore.com), fraud screening, multi-currency transactions, toll-free support, marketing tools, and more."
Unfortunately, PaySystems.com has discontinued their "Internet Billing Account" for those outside the United States.
4. 2CheckOut
2CheckOut.com can handle both intangible and tangible products. For an initial fee of $49.00, you can accept all major credit cards as well as online checks. Fees are just 5.5% of sales and $0.45 per transaction.
For this, you receive shopping cart, fraud detection, integration with third-party affiliate programs, multi-currency transactions, free on-line support, and more.
Incidentally, 2CheckOut.com has the same policy as ClickBank.com does with regard to sales taxes. Both companies take the position that you are selling your product to them and that they resell it to the final consumer. Thus, they claim that you are not subject to sales taxes on those sales.
About the author:
J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years. To learn more about accepting credit cards and other profitable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/creditcards.html
Circulated by http://www.article-emporium.com
<
< Previous article |
Next article >
Related sites on Credit cards:
|
>> The Key To Increasing Your Customer Base: Accept Credit Cards
>> Tips for businesses that accept credit cards
>> 1st Steps To A Merchant Account
>> A Seller's Dash For Cash
>> An introduction to point of sale software
>> Applying For A Credit Card With No Credit History ? Tips You Need to Know
>> Boosting your business with a merchant account
>> Business Plan Basics
>> Chase Credit companies can help you with almost anything you need financially
>> Consumer AdviceWhat is identity theft?
>> Contactless Payments: Where's Debit and who will benefit
>> Credit Card Processing: Legally Beat the System by Passing Processing Fees to Customers
>> Do You Need Bad Credit Help
>> Don't Get Hacked - Best Practices For Protecting Your Business
>> Find The Best Merchant Account
>> Free Credit Card Merchant Account
>> Get A Credit Card Merchant Account
>> Get The Best Credit Card Merchant Account
>> Home Equity Loans ... Wise or Unwise?
>> How To Avoid Being A Victim Of Ebay Buyer?s Fraud.
|
