You have researched your niche, developed the product, written the sales copy and put up the website. Now, the big question, how are you going to accept payment?
Well, the great thing is, that if you are selling information products like eBooks or software, or some form of electronically downloadable product, processing money online and then providing your customer with the product for them to download can be setup very easily.
As with so many things on the internet, there are many ways for you to achieve the same result, but here are 3 easy ways to accept money online. They may not be the cheapest, but many people use them to make large amounts of money online, so give them a try and see whether these could be a good solution for the information products you are going to be selling off your website.
1. Clickbank.com - you may be familiar with this option, but basically, creating an account with clickbank.com will allow you to process money online from your website, using their services. They will be able to process payments via VISA, MasterCard and PayPal and will also allow your customer to see what the value of their purchase is in their own currency.
They will process the payment for you and hold it in your clickbank.com account for payment into your bank account or via cheque (see Clickbank.com for more details on terms and conditions). Once you have setup an account, you can setup your products in the products section, making sure that you provide clickbank.com with your product download or thank you page. Simply copy and paste the thank you website address or download page into the field when requested.
Clickbank.com will then provide you a purchase now link for the product that you have just created, which you then have your web master add to all the "order now" buttons or graphics on your website. This is a very straight forward website link, which would look something like this product#.yourclickbankid.pay.clickbank.net
You can test the link and money processing of your product is going to work, by setting the product you want to test to test mode in clickbank.com. The other great thing about Clickbank.com, is that you can at any time login to your online account and change the prices of products that you are selling. You can also have multiple clickbank.com accounts for various products you sell.
Your customers account if they use MasterCard of VISA for they payment, will display "Clickbank.com" on their bank statement. Remember too, that people can also pay via PayPal into your Clickbank.com account, so you get the best of both worlds so to speak.
Remember, that the advantage of clickbank.com is that you can also set this up for affiliates using clickbank.com to sell your products and services on your behalf. So you can have an army of people selling your product, with all the money from their sales and the payment to you and the affiliates being entirely managed by clickbank.com. Pretty neat for selling information products online.
2. PayPal for processing: PayPal is possibly one of the biggest and most used online payment processing services on the internet today. It is easy to setup and works in the same way as clickbank.com as far as accepting money via various payment methods and then holding this money until you are ready to transfer it to a linked bank account that you nominate. PayPal allows you to accept more payment options, including MasterCard, VISA, Discover.
Simply setup an account, if you don't have one already. You will need to verify your bank account linked to the PayPal account, to make sure that they are paying the money that is going to be owed to you, into the right account.
When you are ready to setup your products in PayPal, login and then go to the Merchant Services area. Create your product and the price you are selling it. Remember, again you want to make sure you include the thank you or download website address for your product, so that your customers' are sent there once the payment is accepted.
You will be given different types of PayPal payment buttons, that will show you how your buy now button will appear on your website. Once you have selected the button you are going to use, you can proceed.
The great thing is that PayPal will give you the exact HTML or website code to add to your website, that will display the "Buy Now" button that you selected, so there is no need for you to design this. Do this yourself or get your web master to add this code. The link to add this to your customers shopping cart is also already in the code as well. Really simple and straight forward, all you have to do is watch the money come in, and then transfer it out of PayPal once the balance has reached a certain level.
The advantage of PayPal and Clickbank.com is that the customer's financial details are never shared with you, so the security of using such big and recognised online processing systems provides some reassurance to the customer.
3. Setup your own online merchant facility: Setting up your own merchant facility with your bank and arranging a payment gateway to process online payments is another option. This is generally more costly up front than the above options, but basically your costs per transaction can be greatly reduced.
If you are going to go with this option, you will need to contact your bank to arrange a Merchant ID. You will need a payment processing gateway, of which there are many. Make sure the one you select will work with your selected bank's systems. Remember to check what currencies you will be able to process.
To make it easy and simple to sell information products, I would recommend online shopping cart systems like 1shoppingcart.com. This will allow you to setup and accept payments for information products, but more importantly provide your customer with the thank you or download website address once the transaction is complete, automating your online business.
Personally, I use a combination of the all 3 of these services as it really depends on what I am doing, the product that I am selling and the price point. These are just 3 options, but I would certainly recommend, that if you are just looking for a quick and easy solution for accepting online payments and something that can be pretty much automated, I would go with PayPal or Clickbank.com.
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Article Source:click here
Saturday, September 12, 2009
Understanding Integrated Payment Solutions
Integrated payment systems are those that allow you to safely accept many different forms of payment, either on location or online. These systems are a great asset to any sized business. They provide convenience to your customers while protecting you from the loss associated with inadvertently accepting checks, debit or credit cards from accounts that have been compromised.
Credit And Debit Cards
Integrated payment solutions allow your business to safely accept credit, debit and check cards from your customers either in person or through the internet. On location, you will be provided with a machine that you can physically run the cards through. The magnetic strip on the back of the cards gives all the account information to the system where is is processed rapidly and accurately. If the account has been compromised or there is not enough of a balance to cover the charge, the card will be declined.
The system works the same way online, except that the account number is manually entered by the customer. This information is then processed in the same way. Whichever way the information is entered into the system, the fact that the account can be checked almost instantly protects your business from financial loss and may protect your potential customers from suffering a loss through the use of a stolen or hacked account.
Checks
Checks are not as easy to verify as cards are, and because of this, many businesses will not accept them. However, integrated payment solutions does make it possible for you to quickly and easily verify that the account exists and that it is currently in good standing. This will not protect you from forged checks or those that may bounce, but it does at least keep you from accepting checks that are little more than worthless slips of paper. Some system even have the ability to treat a check like a debit cards and remove the funds from the users account the same day.
Increase Your Profits
Using integrated payment solutions not only saves your business from losses, but it can help you to increase the number and value of the sales you get. We live in a world where very few people carry large amounts of cash. Having the ability to safely accept other forms of payment will not only generate more customers, but it may make them spend more as well.
If a customer is only carrying $100 in cash and you do not accept alternate payments, then your customer is limited in how much they can spend. However, if they can whip out their credit card or wrote you a check, they may be encourage to make that impulse sale. Impulse sales can make the difference between a season spent in the red and one where your business sits comfortably in the black.
If you run a small business, take the time to look into integrated payment solutions, especially if you do any part of your business online. Having one of these systems working for you can give your business the edge it needs to rise above the huge number of options available to the customer in the internet age.
Online payments processing company offers merchant account online statements and reports. With value added merchant account services, we provide 24/7 access to daily card transaction data and monthly consolidated statements to better manage your internal information requirements.
Article Source:Integrated payment systems are those that allow you to safely accept many different forms of payment, either on location or online. These systems are a great asset to any sized business. They provide convenience to your customers while protecting you from the loss associated with inadvertently accepting checks, debit or credit cards from accounts that have been compromised.
Credit And Debit Cards
Integrated payment solutions allow your business to safely accept credit, debit and check cards from your customers either in person or through the internet. On location, you will be provided with a machine that you can physically run the cards through. The magnetic strip on the back of the cards gives all the account information to the system where is is processed rapidly and accurately. If the account has been compromised or there is not enough of a balance to cover the charge, the card will be declined.
The system works the same way online, except that the account number is manually entered by the customer. This information is then processed in the same way. Whichever way the information is entered into the system, the fact that the account can be checked almost instantly protects your business from financial loss and may protect your potential customers from suffering a loss through the use of a stolen or hacked account.
Checks
Checks are not as easy to verify as cards are, and because of this, many businesses will not accept them. However, integrated payment solutions does make it possible for you to quickly and easily verify that the account exists and that it is currently in good standing. This will not protect you from forged checks or those that may bounce, but it does at least keep you from accepting checks that are little more than worthless slips of paper. Some system even have the ability to treat a check like a debit cards and remove the funds from the users account the same day.
Increase Your Profits
Using integrated payment solutions not only saves your business from losses, but it can help you to increase the number and value of the sales you get. We live in a world where very few people carry large amounts of cash. Having the ability to safely accept other forms of payment will not only generate more customers, but it may make them spend more as well.
If a customer is only carrying $100 in cash and you do not accept alternate payments, then your customer is limited in how much they can spend. However, if they can whip out their credit card or wrote you a check, they may be encourage to make that impulse sale. Impulse sales can make the difference between a season spent in the red and one where your business sits comfortably in the black.
If you run a small business, take the time to look into integrated payment solutions, especially if you do any part of your business online. Having one of these systems working for you can give your business the edge it needs to rise above the huge number of options available to the customer in the internet age.
Online payments processing company offers merchant account online statements and reports. With value added merchant account services, we provide 24/7 access to daily card transaction data and monthly consolidated statements to better manage your internal information requirements.
Article Source:view it here http://EzineArticles.com/?expert=Amy_Nutt
Credit And Debit Cards
Integrated payment solutions allow your business to safely accept credit, debit and check cards from your customers either in person or through the internet. On location, you will be provided with a machine that you can physically run the cards through. The magnetic strip on the back of the cards gives all the account information to the system where is is processed rapidly and accurately. If the account has been compromised or there is not enough of a balance to cover the charge, the card will be declined.
The system works the same way online, except that the account number is manually entered by the customer. This information is then processed in the same way. Whichever way the information is entered into the system, the fact that the account can be checked almost instantly protects your business from financial loss and may protect your potential customers from suffering a loss through the use of a stolen or hacked account.
Checks
Checks are not as easy to verify as cards are, and because of this, many businesses will not accept them. However, integrated payment solutions does make it possible for you to quickly and easily verify that the account exists and that it is currently in good standing. This will not protect you from forged checks or those that may bounce, but it does at least keep you from accepting checks that are little more than worthless slips of paper. Some system even have the ability to treat a check like a debit cards and remove the funds from the users account the same day.
Increase Your Profits
Using integrated payment solutions not only saves your business from losses, but it can help you to increase the number and value of the sales you get. We live in a world where very few people carry large amounts of cash. Having the ability to safely accept other forms of payment will not only generate more customers, but it may make them spend more as well.
If a customer is only carrying $100 in cash and you do not accept alternate payments, then your customer is limited in how much they can spend. However, if they can whip out their credit card or wrote you a check, they may be encourage to make that impulse sale. Impulse sales can make the difference between a season spent in the red and one where your business sits comfortably in the black.
If you run a small business, take the time to look into integrated payment solutions, especially if you do any part of your business online. Having one of these systems working for you can give your business the edge it needs to rise above the huge number of options available to the customer in the internet age.
Online payments processing company offers merchant account online statements and reports. With value added merchant account services, we provide 24/7 access to daily card transaction data and monthly consolidated statements to better manage your internal information requirements.
Article Source:Integrated payment systems are those that allow you to safely accept many different forms of payment, either on location or online. These systems are a great asset to any sized business. They provide convenience to your customers while protecting you from the loss associated with inadvertently accepting checks, debit or credit cards from accounts that have been compromised.
Credit And Debit Cards
Integrated payment solutions allow your business to safely accept credit, debit and check cards from your customers either in person or through the internet. On location, you will be provided with a machine that you can physically run the cards through. The magnetic strip on the back of the cards gives all the account information to the system where is is processed rapidly and accurately. If the account has been compromised or there is not enough of a balance to cover the charge, the card will be declined.
The system works the same way online, except that the account number is manually entered by the customer. This information is then processed in the same way. Whichever way the information is entered into the system, the fact that the account can be checked almost instantly protects your business from financial loss and may protect your potential customers from suffering a loss through the use of a stolen or hacked account.
Checks
Checks are not as easy to verify as cards are, and because of this, many businesses will not accept them. However, integrated payment solutions does make it possible for you to quickly and easily verify that the account exists and that it is currently in good standing. This will not protect you from forged checks or those that may bounce, but it does at least keep you from accepting checks that are little more than worthless slips of paper. Some system even have the ability to treat a check like a debit cards and remove the funds from the users account the same day.
Increase Your Profits
Using integrated payment solutions not only saves your business from losses, but it can help you to increase the number and value of the sales you get. We live in a world where very few people carry large amounts of cash. Having the ability to safely accept other forms of payment will not only generate more customers, but it may make them spend more as well.
If a customer is only carrying $100 in cash and you do not accept alternate payments, then your customer is limited in how much they can spend. However, if they can whip out their credit card or wrote you a check, they may be encourage to make that impulse sale. Impulse sales can make the difference between a season spent in the red and one where your business sits comfortably in the black.
If you run a small business, take the time to look into integrated payment solutions, especially if you do any part of your business online. Having one of these systems working for you can give your business the edge it needs to rise above the huge number of options available to the customer in the internet age.
Online payments processing company offers merchant account online statements and reports. With value added merchant account services, we provide 24/7 access to daily card transaction data and monthly consolidated statements to better manage your internal information requirements.
Article Source:view it here http://EzineArticles.com/?expert=Amy_Nutt
Saturday, August 29, 2009
Payment Processing Benefits
Gaining popularity with time, payment processing is becoming an increasingly important service that e-commerce businesses require. With a merchant account it is easy to get payment processing, but only if your merchant account provider is offering it.
Generally there are two kinds of payment processing available, these being manual and real-time processing. Real-time processing is more reliable and secure and offers lucrative ways for e-commerce businesses to prosper. It not only saves time but also offers hassle free solutions for your processing needs. With reduced risks and greater protection, real-time payment processing offers major benefits for processing online transactions. With real-time processing options you are able to accept and reject orders hence reducing the fraudulent cases greatly.
Why Payment Processing Options for your Business
To operate a successful online business means providing your customers with various payment processing options. Customers look for convenience and fast payment processing options when they visit some website to buy any goods or services. Payment processing is an important factor for a successful business, online or offline, it is extremely crucial for making significant sales. Not being able to accept credit cards or being able to offer other payment options can hurt your business despite your well built website or online business.
Choosing a trusted merchant account provider will help you to gain a reliable processor which in turn will help you with your various payment processing ventures. A flexible and secure payment processing service is the best solution for your business as it will help you increase the reliability and cost-effectiveness of accepting a variety of payments and electronic checks. It not only enhances your quality of service and increases potential customers but also provides your customers the flexibility and freedom for shopping online.
Payment processing allows you to easily track and manage various payment types and the automated systems make it a hassle free solution for all your business needs. A dependable merchant account provider will also offer you recurring billing, automated payment system and online reporting along with various other benefits. These features offer you added convenience for your business and customer alike, allowing you to provide your customers with a reliable payment service.
Online payment processing offers not just a quick but also a convenient way for the users to pay for your services and products by using credit or debit cards etc. Helping you reach a larger audience, payment processing depends on the number of transactions performed by your business. For online businesses, real-time processing is the best option especially if your business processes high volume sales. It helps reduce the risk of potential fraud and eliminates all manual needs for payment.
Merchant Accounts with Real-time Payment Processing options with Instabill.com
Article Source: Check it out here
Generally there are two kinds of payment processing available, these being manual and real-time processing. Real-time processing is more reliable and secure and offers lucrative ways for e-commerce businesses to prosper. It not only saves time but also offers hassle free solutions for your processing needs. With reduced risks and greater protection, real-time payment processing offers major benefits for processing online transactions. With real-time processing options you are able to accept and reject orders hence reducing the fraudulent cases greatly.
Why Payment Processing Options for your Business
To operate a successful online business means providing your customers with various payment processing options. Customers look for convenience and fast payment processing options when they visit some website to buy any goods or services. Payment processing is an important factor for a successful business, online or offline, it is extremely crucial for making significant sales. Not being able to accept credit cards or being able to offer other payment options can hurt your business despite your well built website or online business.
Choosing a trusted merchant account provider will help you to gain a reliable processor which in turn will help you with your various payment processing ventures. A flexible and secure payment processing service is the best solution for your business as it will help you increase the reliability and cost-effectiveness of accepting a variety of payments and electronic checks. It not only enhances your quality of service and increases potential customers but also provides your customers the flexibility and freedom for shopping online.
Payment processing allows you to easily track and manage various payment types and the automated systems make it a hassle free solution for all your business needs. A dependable merchant account provider will also offer you recurring billing, automated payment system and online reporting along with various other benefits. These features offer you added convenience for your business and customer alike, allowing you to provide your customers with a reliable payment service.
Online payment processing offers not just a quick but also a convenient way for the users to pay for your services and products by using credit or debit cards etc. Helping you reach a larger audience, payment processing depends on the number of transactions performed by your business. For online businesses, real-time processing is the best option especially if your business processes high volume sales. It helps reduce the risk of potential fraud and eliminates all manual needs for payment.
Merchant Accounts with Real-time Payment Processing options with Instabill.com
Article Source: Check it out here
Increase Sales with Payment Solutions
Take a second and imagine your shopping on a website, find the product you've been looking for, and as you go to the order form to purchase it, you find out that the company doesn't accept payment online. Instead, you must mail a check. If you were like me, you would probably click off the site and search for another company that offers the same products and *does* accept payment online, whether it is by credit card or online check. It doesn't take a super, intelligent person to realize that it is inconvenient, time consuming, and adds on lag time till you get your purchase when you must sit down, write out a check, and mail it. That is why it is extremely important that you offer some type of online payment solution for your e-business.
Accepting credit cards is the most well known way to accept payment on the Internet. Almost everyone has a credit card and by accepting his or hers, it makes customers' ordering process much more convenient and time saving, not to mention it encourages them to purchase from you. Accepting credit cards has become a necessity to the survival of e-businesses.
In order to accept credit cards, you're going to need a merchant account. To obtain one, just do a search on your favorite search engine. You will be provided with a list of many different merchant account providers to choose from. Merchant services contract with several merchant-processing banks that will actually accept and process your business transactions.
For each transaction the bank processes, you will be charged a discount rate, or percentage, of the face value of the amount charged, along with a per transaction fee (usually ranging from $0.20 to $0.30). When you perform your transaction, and receive an authorization number, the charged amount is immediately wire-transferred out of your customers' credit card account into your merchant account. The merchant bank will then discount, or deduct, the percentage rate and per transaction fee, and wire-transfer the balance of the charge into the business checking account of your choice. At the end of the month, you will receive a statement, for your records, so that you can balance your account.
There are three ways to perform transactions:
1. Terminals/Hardware
2. Point of Sale Software
3. Real-Time (Automatic Online Transactions)
Since this article is focusing solely on online payment solutions for your e-business, I will focus on real-time. How real-time works is when your customer is finished shopping and is ready to pay, they simply go to the secure order form page where they type in their credit card information. In a few seconds, a message appears on their screen, showing whether their card was accepted or declined. A few days later, the money will appear in your business checking account. With real-time, you will be provided with an online database containing all of your credit card transactions so you can balance your account at the end of the month.
There's a second, and probably more unfamiliar way, to accept payment online, and that is accepting checks by email. Until recently, service bureaus have been responsible for check drafting, but now any business can do it. Federal banking regulations and the Uniform Commercial Code permit this process.
How it works is: a customer submits his checking account information and authorization to draft their account; then the merchant takes the information and enters it into a check printing program on their computer. From that point, the merchant can print it on special check paper (available from the software provider) and take the check "draft" to their bank and deposit it as if the check was mailed directly to them. Not only can a merchant accept checks by email with the program; they can also accept them by phone and fax capabilities, also. This is a great alternate solution to credit cards as you will find some customers who aren't interested in putting their credit card information on your site. If your interested in this type of payment solution many merchant account providers can help you get this solution along with a merchant account for credit card acceptance.
In summary, I would highly recommend obtaining a merchant account for your business. As the Internet continues to grow, more businesses come online and more people decide to make purchases on the Web, it will become essential that your business accept payment online (especially credit cards) in order to survive in today's business world.
I hope this helps in your future marketing decisions.
David Bell # 1 Internet Marketing Agency -Online Advertising Agency Advertising research and development center.
Article Source:
Check it out here
Accepting credit cards is the most well known way to accept payment on the Internet. Almost everyone has a credit card and by accepting his or hers, it makes customers' ordering process much more convenient and time saving, not to mention it encourages them to purchase from you. Accepting credit cards has become a necessity to the survival of e-businesses.
In order to accept credit cards, you're going to need a merchant account. To obtain one, just do a search on your favorite search engine. You will be provided with a list of many different merchant account providers to choose from. Merchant services contract with several merchant-processing banks that will actually accept and process your business transactions.
For each transaction the bank processes, you will be charged a discount rate, or percentage, of the face value of the amount charged, along with a per transaction fee (usually ranging from $0.20 to $0.30). When you perform your transaction, and receive an authorization number, the charged amount is immediately wire-transferred out of your customers' credit card account into your merchant account. The merchant bank will then discount, or deduct, the percentage rate and per transaction fee, and wire-transfer the balance of the charge into the business checking account of your choice. At the end of the month, you will receive a statement, for your records, so that you can balance your account.
There are three ways to perform transactions:
1. Terminals/Hardware
2. Point of Sale Software
3. Real-Time (Automatic Online Transactions)
Since this article is focusing solely on online payment solutions for your e-business, I will focus on real-time. How real-time works is when your customer is finished shopping and is ready to pay, they simply go to the secure order form page where they type in their credit card information. In a few seconds, a message appears on their screen, showing whether their card was accepted or declined. A few days later, the money will appear in your business checking account. With real-time, you will be provided with an online database containing all of your credit card transactions so you can balance your account at the end of the month.
There's a second, and probably more unfamiliar way, to accept payment online, and that is accepting checks by email. Until recently, service bureaus have been responsible for check drafting, but now any business can do it. Federal banking regulations and the Uniform Commercial Code permit this process.
How it works is: a customer submits his checking account information and authorization to draft their account; then the merchant takes the information and enters it into a check printing program on their computer. From that point, the merchant can print it on special check paper (available from the software provider) and take the check "draft" to their bank and deposit it as if the check was mailed directly to them. Not only can a merchant accept checks by email with the program; they can also accept them by phone and fax capabilities, also. This is a great alternate solution to credit cards as you will find some customers who aren't interested in putting their credit card information on your site. If your interested in this type of payment solution many merchant account providers can help you get this solution along with a merchant account for credit card acceptance.
In summary, I would highly recommend obtaining a merchant account for your business. As the Internet continues to grow, more businesses come online and more people decide to make purchases on the Web, it will become essential that your business accept payment online (especially credit cards) in order to survive in today's business world.
I hope this helps in your future marketing decisions.
David Bell # 1 Internet Marketing Agency -Online Advertising Agency Advertising research and development center.
Article Source:
Check it out here
Saturday, August 22, 2009
online payment solution
Are you finding it difficult to make purchases online? Ofcourse online payment has been the biggest problems of many people. If you are one of them I have a good news for you.This goodnews is that you can conveniently make purchases online with this reliable payment solution.Check it out here
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