How to Accept Online Payments on Your Small Business Website

 


There's lots of options for collecting payment online for your products or services.


You will need three a little bit pieces working together to sell online:
* your website
* some secure shopping cart
* a payment processor (this may include each of those a gateway and merchant account)

Note: Many solutions and even providers offer several of these things bundled together. For example , PayPal has to be your shopping cart, gateway and merchant account. It enables you to setup an account together with send and receive secure payments easily online and is a very usual way for small businesses to accept payments.

First, you'll need a website so you can build your sales page with info about your product. Weebly and Pligg are two easy ways to create a website or sales page. This unique post is more focused on parts 2 & 3 to accept settlements.

Second, you need a secure shopping cart to collect the order information. This is exactly like a shopping cart in the store, it's what lets your website holiday maker "grab" that item from your website and indicate that they like to purchase it. The cart will collect the items the visitor needs to purchase, total them, add shipping, and gather the shopper's contact information.

Consider these options for a shopping cart:
* Mal's E-Commerce (free and premium versions, recommended for physical products)
* E-Junkie (small monthly fee, fantastic for virtual/downloadable products)
* PayPal Or even (this option combines your cart and payment processor within, good if you're only planning to accept PayPal)
* ClickBank (requires setup fee, but allows you to reach a wide market of confederate sellers)
* 1ShoppingCart (more expensive for full functionality still includes cart, affiliate program, and newsletter options)
* Infusion Comfortable (complete contact management, online sales, etc - great for more substantial online businesses)

Depending on your planned business model you may also check into a plan like AMember or WishList for sales if you're doing a mixture of products that includes a monthly membership option.

Third, you need a payment chip for the shopping cart to send the shopper to so they can submit payment tightly to you.

Option 1: Online Payment Services - the easiest way to start out and keep it simple

Popular online payment services like PayPal, Google checkout, and RME combine a gateway and rate processor into one and allow you to link to their website where the payment aspects are entered by your shopper, then the payment service credits your company's account with their payment. The customer's billing statement will show the online processor (sometimes in combination with your business name) and you do have to observe the payment service's additional rules.

The simplest way to securely allow payment is through PayPal. com. You'll need a premier or industry account and it will charge a small fee for each sale it systems but it allows you a simple way to accept Visa, Mastercard, Discover, American Specific, e-checks, and PayPal funds online. The funds are deposited into your "PayPal Account" when a customer purchases and then you can either pass the funds to your bank, use the funds to shop online, or possibly request a debit card from PayPal that allows you easy access to the income. Know more visit on e-procurement management system

Another option is Google checkout which is similar and allows you to settle for credit cards through their system. Google checkout deposits into a bank account (instead of holding your payments in an online account like PayPal).

Option 2: Merchant Account and Gateway - a good option for one growing business

The other option is to accept credit cards through your own personal merchant account. This process is more involved because it requires an application process, thereafter once approved you need to setup a gateway to connect your hold to your merchant account and you'll have additional security requirements for your blog. It's not the best way to "get started" because the fees are significantly substantial and only make sense when you're processing a good volume of transactions.

* Allow. net is a popular gateway and also offers options to make security standards easier to fulfill.
* Quantum Gateway is another popular option as well as included free with merchant accounts through CDG Commerce.
* ProPay is popular with small business online and allows you to process the customer's master card number yourself.

You might also check with your shopping cart for recommendations on gateways and merchant accounts. Not all shopping carts work with all gateways and not all merchant accounts work with all gateways. So it's those types of situations where you want to be sure you do your research.

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