Accept Online Payments
by Robyn Harton
It's a must to accept online payments if you're running
a commercial website. Statistics have shown that you can
sell 300% or more on your website if you accept payments
online!
There are two basic ways you can accept payments online:
With your own merchant account, and using a third party
processor.
Your own merchant account: You can apply for this with
your regular bank or through many online services. If
you're going to have your own merchant account, you will
also need your own shopping cart software, SSL secure
server certificate, a payment gateway processor, and usually
your own business checking account.
Third party processor: Many third party processors can
enable you to accept credit cards, and even e-checks online.
You don't need your own merchant account, SSL secure server
certificate or payment gateway processor. Some of the
more popular third party processors also provide you with
a free shopping cart. Some third party processors that
allow you to accept a wide variety of credit cards and
e-checks are: iBill,
PayPal,
and 2Checkout.com.
Whichever route you choose, it's necessary to accept
payments online in order to increase your online sales.
