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Monday, 7 April 2008

3. PayPal Sales Revenue

3. PayPal Sales Revenue
Sell something! Perhaps we're stating the obvious, but only a very small percentage of the world's websites are built to do e-commerce. In other words, most internet sites are not created for the purpose of collecting customer payments via debit cards or debit cards. Remember, we're talking about people making money payments to you, through secure credit card and/or debit card transactions, and we are not involved in the payment transfer. Here at QuickontheNet.com, we're independent, so the good news is that you can use any card payment service provider, including:
PayPal
Google Checkout
WorldPay
Nochex
Roman Cart
HSBC
Etc In summary, this is an opportunity for you to take online payments for products and services sold directly through your business website. OK, we've highlighted PayPal, but there are other options to consider. You will tend to find that there are certain advantages and disadvantages associated with each provider. But there is a common thread running through each service provider; and that is that they all take slice of the action. In other words, they all take a small percentage of the money you make online. In terms of percentages, there is very little to choose between each solution provider. As you compare, you will find that the cost difference in charges/fees is not that significant, however, the range of e-commerce features offered by each provider is significant, and that is probably going to be a key factor when you choose a payment page solution for your site. QuickontheNet.com already contains a wealth of information about each company, so click around to discover more about the pros and cons with each solution. At a glance, as you create your own comparison, you will want to consider the following key points:
PayPalIt's FREE to set up and integrate with your website, so that makes it particularly attractive for startup businesses, who wish to minimise their startup costs. PayPal offers a fully-featured shopping cart (shopping basket) solution. As a business owner, you will be interested to know that you can apply your own design and creative branding to the payment buttons and the payment page itself. So, you can make it all blend in with your logo design and corporate colours. If you are a charity organisation or a revenue-generating business, PayPal will allow you to create an e-business solution to take subscriptions, donations, and single or recurring payments. The choice is yours. This e-commerce payment service is available in the United States, the UK, Canada, Australia, New Zealand, India and Singapore. In fact, with more than 100 million accounts in 190 countries and regions around the world, PayPal offers a fast, affordable and convenient online payment service for businesses of all sizes. Are you ready to get started and make money online from your customers? Sign-up and open your own PayPal account. During the registration process at PayPal, you will need to sign-up for a Business Account or Premier Account (not a Personal Account).
Google CheckoutAgain, it's FREE to set up and integrate with your website. If you simply want to add 'Buy Now' buttons to your website with the minimum amount of fuss, look no further than Google Checkout. When it comes to Check out versus PayPal, we particularly like the fact that Google offers different price options using a drop-down menu, within each individual button. That is pretty nifty and it means that you can have a single checkout button for different price selections and that is really handy for customer order tracking. It's simple for both you and your shoppers (customers/clients). What's more, Checkout offers a unique invoice payment service for business people. If you're trading, you can use the service to send an invoice to your clients to request online money payment. The invoices you email to your buyers will contain a personalised message from you regarding the requested payment. The invoices will also contain a 'Pay now through Google Checkout' button. When buyers click this button in the email, they'll be brought to Google Checkout, where they can complete the payment process.
WorldPayA truly global service, we like WorldPay for its handling of single payments and/or recurring payments e.g. weekly, monthly, or yearly. It is not free to set up, but it is particularly popular with very large corporations and Small and Medium Enterprises or SMEs. In other words, middle-sized businesses. WorldPay comes with a range of tools to help you fight fraud and manage fraudulent transactions and its Customer Management System, or CMS is second to none.

1 comments:

Anonymous said...

Small Business owners are largely forgotten. That’s why I only focus on them. I have experience several members of my family file bankruptcy due to small business failures. I also I suffered through 2 destroyed businesses due to failure however, in my failings I have learned some of the secrets to success. (Who can say they know it all?)


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