Introduction:One of the major concerns any website owner will have is the provision of online payment method or options. It is significantly because of the security issues associated with payments that customers usually face. Nowadays, there are tens and hundreds of payment options available. But, as an internet entrepreneur, you will want to think of including the ones that are most reliable and user-friendly.
Here are some ways to get online payment option for your website –
Credit cards are in! – As an online entrepreneur, if you are willing to include one and only one payment method, then credit card payment processing tops the list. You can always include them for customers who are intending to purchase any product or service from your website. You can set up Credit cards such as Discover, American Express, Visa, and MasterCard by getting an account of Internet Merchant. Although, Paypal makes an exception as the website owner will have no need of setting up the merchant account.
Debit Cards – An interesting stat reveals that in every two Canadians, one prefers to do online transactions through debit cards. Not to mention, there are millions of customers using debit cards for online shopping. It was almost a decade ago when there were more than 3 Billion Direct Payment transactions in Canada which was worth more than $148 Billion. Apart from credit card processing, every year, the usage of Debit Cards is increasing considerably.
Paypal – In other words, you can say one of the most preferred payment options is Paypal. It obviously comes with an advantage of “no requirement of setting up merchant account”. Paypal accepts payments from MasterCard, Visa, American Express, and Discover. It also accepts the payments initiated via bank transfers. Other benefits that come along by using Paypal are zero cancellation charges, setup charges, or monthly charges. With every order the user does via Paypal, the user will have to pay 30 cents and 1.9 to 2.9 percent of the total transaction amount.
Offline payment methods – You can always come across a scenario where the buyers are just not comfortable or they are not feeling secure about proceeding with any online financial transaction. This is when you need to reassure them of providing an option where they can pay from the method they prefer, possibly offline. It helps in bagging sales and giving the customers a reason to rely on you. Adding toll free number along with the form for proceeding with the order is not a bad idea. Customers will fill the form for ordering a product and pay offline via cash or cheque.
Did you check Flint? -Small businessmen prefer using Flint. Flint allows the customer to prefer credit card processing. The seller will have the capability to scan the buyer’s credit card number instead of using tablet or smartphone for plugging in the card reader. With a couple of steps following the scan, the payment successfully completes. With Flint, buyers can purchase product and services by paying in the form of cash or cheque. Flint also offers the intriguing feature of sending coupons as well as invoices to all its customers.
It is beyond a doubt that your business will experience tremendous success if the buyers have a bag of payment options to choose from. Less number of options is directly proportional to lessened and compromise in potential sales. Provide your customers with as many suitable and secure payment options as you can. Apart from the options mentioned above, there are other methods as well including ProPay, 2Checkout, Authorize.net, Sellfy, Google Wallet, Clear Payment Solutions, Shopify, etc.Read More...
© 2018 eOnline24.com . All rights reserved.
Welcome to the eonline24.com - eonline24 is an website portal providing latest news globally.
We pleasure ourselves with bringing you great and fresh quality content on technology, entertainment,
business, marketing tips, latest gadget, startup news and much more. Are you in to know the latest news,
new update, live news, current news gossips, photos and more, then don’t hold back!