Setting Up a Merchant Account
The first way is the easiest and it really is a bit like cheating. Instead of setting up your own merchant account, you can go through a popular online payment service like PayPal, Ebid, or Moneybookers. These services accept credit card payments from your customer and provide a variety of other services. The downside is that your clients will need to have an account with the payment service that you choose, which can present problems for those who don't feel comfortable with this sort of payment method.
In general, PayPal is the most widely accept payment service and they offer a range of merchant tools, including a full shopping cart that can be used on your site, with any product or price that you choose. Before deciding which service to go with, you need to do some research and make sure that your customers will be likely to use them. There are literally dozens of different online payment services, so you will have a wide range of options. Most of these services charge a percentage of the transaction and may have further fees that you should be aware of, so check this before deciding on one.
The second method of setting up a merchant account is to go through a merchant account banking service. These are also available online, or you can talk to your bank about setting one up that can be used online. The majority of ecommerce owners go with online services, since they are already optimized for website transactions and are easily accessible.
A real merchant account (not a PayPal or Moneybookers account) will cost you a fee to set it up. This can range anywhere from $50 to hundreds of dollars, depending on the service provider. These accounts will also charge a fee each time a credit card is processed, which is standard in the business world. However, the advantages of having a merchant account outweigh the costs in many cases.
With a valid merchant account, you will be able to accept credit cards right on your website, which is a big advantage to many ecommerce websites. Also, many service providers will charge lower processing fees than real world banks and you have 24 hour, instant access to your transaction information.
So, yes, you can begin your ecommerce venture without an online merchant account, but if you plan to do any big business, you will need to get one. Merchant accounts are essential to ecommerce and any other type of online business.
Related Tags: writing, internet, ecommerce, ebooks, online marketing, writing ebooks, internet sales, publishing ebooks
Michael D. Copper Your Online Business Coach http://www.course-internet-marketing.com
I've been involved with online and offline business since 1990, my expertise is in marketing and sales, and now offering an online business coaching program associated with David Vallieres. The name of the online course is "Think and Succeed Training Program," in other words; if you want to make money online, or desire to succeed in a full time online business, then we are here to help you think it through to a successful venture. If you want to succeed in your online business then consider our course, to receive more informatin go our web site. http://www.course-internet-marketing.com/
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Planning A Childs Party
Birthdays are an exciting time for children, each year they want bigger and better parties so it is - Online Diwali Gifts Shopping Experience
India is a country of festivals. India is truly secular country and enjoys each and every festival e - E-commerce To Engine Wealth!
It is a fabulous experience to have technology at your side to leverage its advantage to boost the b - Diwali Is Celebrated Wholeheartedly Over Five Days
The Five days of Diwali is celebrated over five days in most of North India. All the days except Diw - Create Online Store With Ebay Integration - Get It Ready In A Minute
There are ecommerce websites operational with their 'Create Online Store' feature to help users get - Methods To Make Extra Income Working Online
With the current economic situation and problems many people are looking for ways to earn extra mone - Earn Extra Money Online Anytime, Anywhere!
Has the economy got you down to the point of no return? You have looked everywhere for a part-time j - New Credit Card Validation Service - Issuer Identification Number (iin) Database Lookup
Issuer identification number (IIN) - The first six digits of the credit card number are known as the - 5 Tips To A User Friendly Ecommerce Web Design
Design of a website plays an important role to attract more number of visitors to it. An eye catchin - Find Out On When To Offer Your Gadget And Get Your Money's Worthy Of
Let's face it , all gadgets can become outmoded within just a year or 2. A brand new version will be
Most viewed articles in this category:
- 3rd Party Merchant Accounts: Tips To Avoid Costly Chargebacks For Merchants And Buyers
Accepting credit cards online can be the most important decisions you can make to make money from - Gateway to India - a New Way
Internet craze seems to be catching on in India . From a low internet user base of about 1.4million - Accepting Credit Cards - Is It Necessary For Your Small Business?
This almost seems as if it is a rhetorical question nowadays. Customers all seem to use their credit - Important Internet Marketing Tips
There are 10 tips that are helping you to lead your site high: 1: Insulate yourself against t - What Makes Adsense Work
What does make Adsense work - there are as many ideas as there are theories. Some maintain i - I'm Going to Use Oscommerce - Now What?
When you decide to go with osCommerce for your e-commerce site, you can simply take their stock layo - Some Tips On International Business Marketing
Are you planning of economically expanding outside the borders of your native land? Are you thrilled - Why You Need An Ecommerce Merchant Account
You must obtain an ecommerce merchant account in order for your web site to be able to take payment - Monetize Blog - Learn the 4 Methods to Make Money From your Blog
There are many ways to make money on the internet, one of that is to monetize blog. Your blog is wha - Modeling Success
I am on a lot of mailing lists, and like to keep track of what's happening in the Internet M
