|
|
| Information |
|
|
Do You Need A Merchant Account?
Deciding when to get your own merchant account for internet sales can be a confusing and expensive venture. If you have a small to medium sized business and only sell a small amount of products then having your own merchant account may not be the answer for you. Some of the costs involved include. Monthly fees. Anywhere between $25-$50 for statements and minimum fees. Per transaction and charges fees. Usually between 2%-3.5 % in fees and .30-.50 per transaction. Gateway fees. $10-$30 per month SSL certificate. Can be as much as $250 Shopping cart fee or software purchase. Monthly can range $20-$70 and software purchase can be as much as $1400. In addition to the cost is the technical aspect of setting up your site to use a shopping cart and real-time processing. Not all gateways, merchant accounts and shopping carts play well together. You must make sure that each can work with each other. Plus be prepared to properly set up your web server to use all this nice technical information the accounts give you. Now, if you are a larger business or do a lot of sales each month perhaps your own merchant account is the answer for you. It can save you money in the long run. But if you are just starting out with an online business, then a third party merchant may be the answer for you. Third party merchants handle all the background details, pay the monthly fees, assume the risks of fraud and charge backs, and handle all the secure shopping your customers will expect when shopping online. While the monthly fees may be a bit higher, there usually isn't a set up charge, gateway fees, SSL charges and shopping cart set up. Depending on the service you choose, they can give you simple HTML code to add to your site or allow you to use "buy buttons" or both. Fees range anywhere from 5% to 13.5%. Some companies charge a set up fee and a per transaction fee. Then there is always Paypal. A useful service for new comers to the online payment arena but it has its drawbacks. With Paypal: Your customer must set up an account with them They can FREEZE your account They can set limits on monthly transactions I suggest you explore all your options and decide what is best for you financially and technically. A little research online can save you money and time in the long run. About The Author Jim Hoffman is the co-founder of Inet Goodies. An internet resource group, focusing on SEO, Hosting, Billing solutions and Traffic.
Latest News:Site: Yahoo! News Search Results for news News Corp exec becomes chief of Germany's Premiere (Reuters via Yahoo! News) News Corp's chief financial officer for Europe and Asia has been named chief executive of German pay television group Premiere, following the resignation of Michael Boernicke, Premiere said on Wednesday. News Corporation to redevelop London Wapping site (Reuters via Yahoo! News) Rupert Murdoch's News Corporation is to redevelop its Wapping site in London, moving all its UK businesses, including News International, Harper Collins, MySpace and Dow Jones, under one roof. UPI NewsTrack Entertainment News (UPI) Chesney nominated for 7 CMAs ... Hoffman: I'm not playing Penguin ... 'RocknRolla' No. 1 at U.K. box office ... Jessica Simpson stops song on 'GMA' ... News from United Press International. Get the latest news in racing (Daily Racing Form) In order to read Daily Racing Form's free daily news stories it is required that you have a DRF.com free membership. If you do not have a DRF.com free membership, please register here . You will NOT need to be logged in to read each day's free news stories. DailyMe: News tailored to your individual tastes (The Christian Science Monitor) Column: Custom news websites come and go, but this one gets it right. Sarah Palin docu wins record ratings for Fox News (Reuters via Yahoo! News) In a week of records surrounding the Republican National Convention, Fox News Channel earned another one with its weekend documentary on vice presidential candidate Sarah Palin. MySpace ad business ahead of target: News Corp (Reuters via Yahoo! News) News Corp's (NWSa.N) MySpace advertising business is operating ahead of expectations and its digital ad business is performing better than the marketplace, the company's chief operating officer said on Tuesday. UPI NewsTrack Health and Science News (UPI) Mars Lander set to run last of experiments ? Protein found to suppress skin cancer ? NASA: Gamma-ray burst was aimed at Earth ? Study: Continuous blood sugar monitor best ... Health/Science news from UPI. News 25's Gina Morss Speaks with Senator Dick Durbin (WEEK-TV Peoria) You probably noticed the price of gas jumped up about a quarter a gallon in the past 24 hours. That's apparently a reaction to Hurricane Ike. Senator Dick Durbin tells News 25 he believes oil companies and the president could do more to keep prices at the pump lower. UPI NewsTrack Quirks in the News (UPI) Peabody Hotel in Memphis declares amnesty ? Night at Hearst Castle up for grabs ? Mother: 6-year-old got stuck in washer ? Couple may keep home thanks to rare coin ? UPI Quirks in the News. Site: news - Google News Gas Supplies To Poland Stable, No New Caps Planned - Operator - CNNMoney.com
MORE RESOURCES: Site: Yahoo! News Search Results for ecommerce Chain Reaction Ecommerce gets $5 million boost (BizJournals) Atlanta-based Chain Reaction Ecommerce Inc.(CRE) has raised $5 million from a local venture capital firm. MyECheck Launched on 25 eCommerce Sites With Online Commerce Group (Marketwire via Yahoo! Finance) MyECheck Inc., an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that is has deployed its service on 25 eCommerce websites owned and operated by Online Commerce Group, LLC. Ecommerce Provider UniteU Achieves PCI Compliance (PRWeb via Yahoo! News) On-demand Ecommerce Platform Protects Consumers and Merchants Demandware Powers Stylish New eCommerce Site for Barneys New York (Business Wire via Yahoo! Finance) WOBURN, Mass.----Demandware, developer of the only enterprise-class, on-demand ecommerce platform, today announced that luxury retailer Barneys New York is now live on the Demandware eCommerce Platform. USA Technologies Launches an eCommerce Site to Sell Their EnergyMiser(TM) Product Line (Business Wire via Yahoo! Finance) MALVERN, Pa.----USA Technologies Inc. , a leading provider of energy management technology designed to reduce the cost and environmental consequence of running everyday devices such as vending machines and coolers, announced today the launch of its eCommerce system for purchasing its EnergyMiser line of products. Corel Streamlines Global Operations to Improve Operational Efficiency and Focus Investment on Growth Opportunities (Centre Daily Times) Corel Corporation (NASDAQ:CREL) (TSX:CRE) today announced it is streamlining its global operations in order to become more operationally efficient and to increase its investment in key growth opportunities, including emerging markets and eCommerce. As part of this effort, the Company will reduce its global workforce by approximately 8% or 90 employees worldwide. Corel Streamlines Global Operations to Improve Operational Efficiency and Focus Investment on Growth Opportunities (Business Wire via Yahoo! Finance) OTTAWA----Corel Corporation today announced it is streamlining its global operations in order to become more operationally efficient and to increase its investment in key growth opportunities, including emerging markets and eCommerce. Putting Your Product Pages to Work (SEO Chat) Visitors to your site s product pages want to achieve certain goals. Make it easy for them and you can increase your sales. Many of the tweaks and changes mentioned in this article owe as much to good web site design as they do to SEO. We ll look at how successful ecommerce companies such as Amazon and Dell pull it off.... Automate Software Builds with Visual Build Pro Easily create an ... UpSellit's Virtual Chat Agent Creates New Sales Opportunities This Holiday Season for Online Retailers (Centre Daily Times) In time for holiday sales, citing a predicted 14.3 percent growth in eCommerce from 2007-2008 (eMarketer, 2008), etailers are turning to UpSellit to prepare for this seasons' spike in opportunity. UpSellit, a virtual chat technology company that provides online solutions for enhanced, intelligent communications, announced today a 15 percent increase in eCommerce clients during the past six ... Kensington Global Private Equity Fund invests in Walden Venture Capital VII, L.P. (CNW Group via Yahoo! Finance) Kensington Capital Partners Limited, Canada's leading independent private equity fund investor, is pleased to announce a commitment of US$2,500,000 by the Kensington Global Private Equity Fund to Walden Venture Capital VII, L.P., a venture capital fund managed by Walden Venture Capital, based in San Francisco, specializing in the digital media, consumer and enterprise services, and eCommerce ... Site: ecommerce - Google News Coremetrics Reports Mixed eCommerce Signals in December - MSNBC
|
|
|
|
RELATED ARTICLES
Selecting The Right Shopping Cart For Your Website Shopping Cart Installation And SetupShopping cart technology has evolved to be a must-have feature for the internet seller. Most e-merchants are aware that shopping carts function to facilitate the purchasing process. The Art of Being Human This isn't the first time I have written about the benefits of inserting a human voice or presence into your online communications. And I make no excuse for writing about this again. Is ClickBanks Popularity Drawing To An End? ClickBank is the Internet's most popular payment processor for online payments but with many rivals appearing on the scene is ClickBank's popularity drawing to an end?ClickBank allows website owners to accept credit and debit card payments online and then deliver the products to their customers instantly. Since August 2005, ClickBank has integrated with PayPal so that people who either do not have a credit or debit card or choose not to use their cards online, can now pay using funds from their PayPal account instead. Writing Web Pages: Get To The Meat Faster Much of my consulting work comprises writing 'Outside Opinion' reports on the sites of large companies and organizations. Sometimes I review just a few pages, sometimes fifty or more. Eleven Things You Must Know About A Drop Shipping Directory And Its Company 1. Balance - You want to find a directory rich in many different categories of products rather than the quantity of products available. When Do You Ask For A Refund? Have you ever asked to have your money refunded after buying something online? Do you do this often? What are the reasons you've asked for refunds? Savvy marketers will try to find out why without making you feel you should not have asked. This would be valuable information to them. How To Start An Internet Business - Content, Content, Content When it comes to e-commerce, the time-tested cliché is, "Content is king." In this case, the cliché is correct. Complementary-Relational Linking and How It Could Save Your Internet Business The concept of linking is that sites with common interestsshould link to drive more traffic to each other's businessesand to increase their "popularity." Search engines, such as Google, give much higher ranking to sites with highpopularity. What Are The Barriers of Implementing E-Commerce Solutions What is electronic commerce?"Electronic commerce is about doing business electronically. It is based on the electronic processing and transmission of data, including text, sound and video. Intranet Portals - Search and Taxonomies Knowledge Management for beginnersKnowledge Management (KM) can be defined simply as the process through which organizations generate value from their intellectual and knowledge-based assets. Knowledge assets are often grouped into two categories:(1) Explicit KnowledgeGenerally, everything and anything that can be documented, archived and codified. Google Catalogs - Old Gashioned Mail Order Meets High Tech Search In addition to Google's Froogle shopping service (still in beta), which features a searchable database of online merchants, Google is also beta-testing their Google Catalog service. Google Catalogs provides a searchable central repository of hundreds of mail-order catalogs. Start doing online business using B2B Portals in Six Steps I registered with a B2B site but what's next?This is a question many first time users of B2B marketplaces ask themselves. A few expect that the registration itself will bring them a number of new customers. Select a Niche Market for Ecommerce Choosing a carefully pinpointed niche market should be one of the first steps that an internet business owner has to take. A very common way of describing a niche market is 'a targeted group of individuals with very specific and similar needs or interests. Ecommerce Comes from Customer Satisfaction Online shopping is convenient, but many companies whose web sites do brisk sales often leave consumers wanting. That's according to ForeSee Results, a research company that studied customer satisfaction among Internet shoppers. Government Buying and Selling on the Internet Global Insight, a leading economic and financial forecasting company, (formerly DRI-WEFA), states that all levels of government (federal, state, and local) should see steady increases in the purchases of goods and services through the year 2009.Vendors willing to make the commitment to sell to government can reap the benefits of this projected government spending. Online Business- What Makes It a Success! Only a few manage to sell everything under the sun over the internet. There are billions of web sites running online business, trying to outdo each other by various means. Selling Online for Newbies If you are interested in selling online, it is quite easy to get started. First of all you must have a product or service to sell. Dont give up on your business! Summer must be when many work at home Mom start to think that their business is a flop and begin to look for a new opportunity. This is fine if your business is truly a flop - but chances are, you just need to take a look at it from a fresh perspective. Choosing An Internet Merchant Account Surf to Google and perform a search on "Internet Merchant Account". The results are staggering (472,000 results!) If you have created a web based business and need to accept credit card payments, your choices are limitless. Turn Your Rusty Junk Into eBay Gold Often times people to stop to realize the income potential of their "junk". And, when they DO decide it might be worth selling, they never give eBay a second thought.
|
| Home | Site Map | Resource Links |
