Accepting Credit Cards For Your Online Business
Did you know that one of the best ways to increase sales for any online or offline business is to offer your customers the convenience of paying by credit card? As a merchant, you have several options available when it comes to becoming part of the credit card acceptance and processing chain. Here's a quick guide to get you thinking.
If you want your online business to be capable of accepting credit card payments, you must have some type of merchant account. A merchant account allows you to take credit cards as forms of payment in a safe and secure manner.
You apply for a merchant account by filling out an application and signing a fee agreement. Unfortunately, navigating the merchant account maze can be difficult if you do not have financial experience. There are many different companies out there, and they all have a deal to offer. But before you sign up for anything, read the fine print.
The three main fees you need to look for are the set-up fees, the percentage you will pay for each transaction, and the monthly fees. All of these fees need to be taken into consideration. One company may advertise low set up fees, but they may take a higher percentage of the sale or the monthly fees may be considerably higher.
There are two types of merchant accounts, your own personal merchant account or a third party merchant account. A bank will open your own account and although they may have higher initial opening costs, these accounts generally have a lower transaction fee (what you pay them for each transaction).
Deciding which of these two types will work best for you is a personal decision, but if your business is established and thriving, the bank-based merchant account will probably work best.
Third Party Merchant Account Providers
There are a large number of providers out there, all offering what is sure to be the best deal ever. Let's evaluate some of the top providers and see what it is they really offer.
2CheckOut (2CO) offers instant acceptance for new merchants and has a $49 setup fee, no monthly fees, and an average transaction fee. The account offers a built-in shopping cart and accepts one-time or recurring payments. They accept both physical and digital goods merchants.
ClickBank offers a one-time setup fee along with a transaction fee of $1.00 plus 7.5% of the sale price. There is no monthly fee. They will also handle tracking and paying your affiliates automatically. They only accept merchants selling digital goods.
PayPal has no setup fee and a sliding transaction fee, all of them very low, based upon sales volume. They accept both physical and digital goods merchants and have various methods for you to tightly integrate their interface with your site. Subscriptions and one-time payments can be processed.
This is just a general overview of some of your payment options. Before you decide, do some in depth research and find the account that will work best with your company's needs.
Copyright 2005 Gibble LLC
For more information and resources on credit cards, please visit: http://www.consumer-news.net
This platform opens up an innovative solution for crypto micropayments and e-commerce - Cointelegraph
Walmart cutting 1,027 jobs at Fort Worth e-commerce facility The Dallas Morning News
micromobility.com Inc. Announces Expansion into E-commerce and Retail, with First Physical Store Planned Opening in Soho, NYC, Capitalizing on $186.2 Billion Market Opportunity - Yahoo Finance
micromobility.com Inc. Announces Expansion into E-commerce and Retail, with First Physical Store Planned Opening in Soho, NYC, Capitalizing on $186.2 Billion Market Opportunity Yahoo Finance
3 Top E-Commerce Stocks to Buy Right Now The Motley Fool
Walmart laying off hundreds of U.S. workers at five e-commerce fulfillment centers: Reuters - Supermarket News
Walmart laying off hundreds of U.S. workers at five e-commerce fulfillment centers: Reuters Supermarket News
Morgan Stanley says this Latin American e-commerce and payments company is a top pick that could surge nearly 40% - CNBC
Morgan Stanley says this Latin American e-commerce and payments company is a top pick that could surge nearly 40% CNBC
JD.com shares jump after Chinese tech giant proposes to spin off, list units - South China Morning Post
JD.com shares jump after Chinese tech giant proposes to spin off, list units South China Morning Post
Accelerate Growth with Walmart Marketplace Practical Ecommerce
The Future of Ecommerce: How a Product Becomes a Purchase Andreessen Horowitz
12 New Ecommerce Books for Spring 2023 Practical Ecommerce
eCommerce Fraud Protection: Are you secure? Security Boulevard
Top 15 US Ecommerce Companies Forecast Insider Intelligence
The innovation-sparking ecommerce data most distributors ignore Digital Commerce 360
Quick Commerce Grew The Most In 2022; Ahead Of Ecommerce ... BW Businessworld
Ecommerce Product Releases: March 15, 2023 Practical Ecommerce
BuyBuyCart – Tech Ecommerce Startup that caters to B2C and B2B ... Ahmedabad Mirror
Ecommerce upstarts navigate pandemic shopping reset Financial Times
Ecommerce and Digital Marketing Specialist Merck KGaA
Walmart e-commerce fulfillment layoffs top 600 Supply Chain Dive
US Ecommerce by Category Forecast 2023 Insider Intelligence
The rise of ecommerce in the coffee industry Perfect Daily Grind
Facebook's Advantage+ shopping campaigns: Are they worth the ... Search Engine Land
Southeast Asia Retail Ecommerce Forecast 2023 Insider Intelligence
2023 B2B Ecommerce Market Trends Report—Part 1 Digital Commerce 360
Start an E-Commerce Side Hustle on a Budget Entrepreneur
How will DTC change the landscape of ecommerce growth over the ... Supply Chain Dive
Costco ecommerce sales drop despite total sales increase Digital Commerce 360
Daily Research News Online no. 34829 - Funds for eCommerce ... Daily Research News Online
Ecommerce businesses are hiring — and with high salaries Digital Commerce 360
Google Shopping Hacks To Upgrade Your Ecommerce Strategy Search Engine Journal
Ecommerce SEO Trends and Insights for 2023 Entrepreneur
Perspective: Why Online Payments Are The Next Big Thing In Ecommerce Innovation | Crowdfund Insider - Crowdfund Insider
Perspective: Why Online Payments Are The Next Big Thing In Ecommerce Innovation | Crowdfund Insider Crowdfund Insider
Ecommerce return rates rose in retail's longest holiday season yet Insider Intelligence
2023 Consumer Trends Impacting eCommerce Profitability Supermarket News
Behind Paramount’s Ecommerce Push: A Chat With Consumer Products Chief Pam Kaufman - Hollywood Reporter
Behind Paramount’s Ecommerce Push: A Chat With Consumer Products Chief Pam Kaufman Hollywood Reporter
Hot growth at an ecommerce-focused HVAC distributor Digital Commerce 360
Ecommerce, food-delivery firms face new trouble as government eyes related party services ban - The Economic Times
Ecommerce, food-delivery firms face new trouble as government eyes related party services ban The Economic Times
Apple Pay Later Could Upend BNPL Space Practical Ecommerce
Silicon Valley Bank’s collapse hit the ecommerce world. See a list of impacted companies. - Digital Commerce 360
Silicon Valley Bank’s collapse hit the ecommerce world. See a list of impacted companies. Digital Commerce 360
E-commerce negotiators advance work, discuss development and ... WTO Latest News
Vehicle Subscriptions Gaining Traction Practical Ecommerce
Journey Hospitality extends hotel ecommerce... Travolution
T-shirt Seller on Licensing, Drop-shipping, More Practical Ecommerce
Slowdown in E-Commerce Hitting Logistics Companies' Payrolls ... The Wall Street Journal
HUL, ABFRL named ‘digital disruptors’ in top e-commerce categories like grocery, fashion - Business Today
HUL, ABFRL named ‘digital disruptors’ in top e-commerce categories like grocery, fashion Business Today
Seed Funds for eCommerce Returns Data Firm Two Boxes - Daily ... Daily Research News Online
FTP aims to spur e-commerce exports with series of measures Economic Times
Global e-Commerce Logistics Market Report 2022-2027 with Competitive Analysis of the Top 10 Players - Amazon, DHL, Bpost, Ryder, Geodis, Fiege, Wincanton, Pfsweb 3.10 Maersk, GXO, Ceva Logistics - Yahoo Finance
Global e-Commerce Logistics Market Report 2022-2027 with Competitive Analysis of the Top 10 Players - Amazon, DHL, Bpost, Ryder, Geodis, Fiege, Wincanton, Pfsweb 3.10 Maersk, GXO, Ceva Logistics Yahoo Finance
Shopping Cart Abandonment - Discover 5 Things you can do to Lower Cart Abandonment
A common frustration among merchants who sell online via a shopping cart is the percentage of people who abandon their cart and leave the site never to return. This is known as the shopping cart abandonment rate.
Managing Project Risks and Issues
Inherent (or Business) RiskInherent Risk is the risk that exists in the environment around your portal project. It will tend to be unique to your organisation; it's culture and politics.
Delivering Information Products Through Paypal Automatically
Paypal is one of the wonders of the web. Never has it been easier for individuals or small business to receive payments though the web & to be able to accept payment though debit or credit cards without having to own a merchant account.
Expand Your Local Business Through the Internet
To obtain more local customers for your business, consider expanding your local business through the Internet. Here are some ways of doing so.
Online Lead Generation: Can it Work for My Business?
Business-to-business service providers have a wide range of tactics they can deploy to gain new clients or customers. Direct mail; cold calling; TV, radio or print advertising are all ways in which B2B services gain new customers.
Building eCommerce Websites That Work - Part 1
You want to succeed at eCommerce? Welcome to a very big family. Right off, let's be clear - there are lots of ways to do business on the internet.
Is ECommerce Right for Our Business?
If your business features products or services for sale, undoubtedly the topic of eCommerce has come up. What is eCommerce? Literally defined as "the conduct of financial transactions by electronic means," it refers to purchases made over the Internet.
Grow Your Business Using B2B Emarketplace - Part I
If you are a small to medium size company and selling or planning to sell products and services over the Net and still did not try out emarketplaces, you are simply loosing a great opportunity!Research firm eMarketer predicts that worldwide B2B ecommerce revenues will surpass US$ 1.4 trillion by the end of 2003.
How To Sell Your Products Online?
E-commerce is gaining pace! Research firm eMarketer predicts that2003 will see online sales reaching US $58.2 billion excludingtravel.
Google Catalogs - Old Gashioned Mail Order Meets High Tech Search
In addition to Google's Froogle shopping service (still in beta), which features a searchable database of online merchants, Google is also beta-testing their Google Catalog service. Google Catalogs provides a searchable central repository of hundreds of mail-order catalogs.
Selling Online for Newbies
If you are interested in selling online, it is quite easy to get started. First of all you must have a product or service to sell.
eCommerce Software Solutions
All of the long, grueling nights and an unknown number of working weekends spent converting your dream into reality finally paid off-in a big way! Affiliates are signing up every single day and the clicks have really turned into cash. Your success is not limited to a lonely website but several and all of them are helping you move very diverse product lines.
Free Competition Analysis for E-Commerce Startup
For anyone who has completed research regarding e-commerce, there are some common catch phrases that we all come across. 'Competition Analysis' is one of those catch phrases.
Helping Your Visitors: a State of Mind
What does "helping your visitors" mean exactly?It means writing your sites, newsletters and emails in such a way as to help each visitor achieve his or her goal.That may sound like a simple task, but it isn't.
One Point Two Billion
In this surreal world of the internet, anyone, even you, can put your point across to a staggering number of people inevery country on the planet.From political activists to artists and writers, can now findan audience to take notice of them where they could not getmuch attention in their local community.
Accept Credit Cards Online Without a Merchant Account
There are two major ways to accept credit cards on your website. The first and most expensive is to have your own merchant account.
Increasing E-Commerce Website Sales: A Guide for the Online Newbie
Because of this encouraging surge in activity, many individuals are now interested in becoming e-commerce merchants. To profit from your online business, you must first produce a unique website that will intrigue visitors and interest them in your items.
The use of electronic cash as a means of transacting internet business may prove to be an acceptable alternative to credit card payments. It is reported that the withdrawal of major players from the attempt to develop e-cash is a significant setback.
Grow your Business with Emarketplace - Part III
Increase Company ProductivityAfter years of hard work, finally your business started to pick up. You are selling more products then ever! You have lined up a good number of suppliers and buyers.
Developing a Winning e-Commerce Strategy
One bright spot on the economic horizons around the world seems to be continued consumer spending and e-commerce is clearly a part of this, with sales estimated to be in excess of $9.9 billion in the next three months according to ACNielsen.
|home | site map|