Accept Payments Online - Without A Merchant Account!
January 31, 2008
People just starting their online business often run into a snag - how to accept payments without a merchant account. Perhaps they can’t get an account, or are worried that they will be refused due to a spotty credit history. This can be the hardest part about setting up an online business.
Good news! There are ways of accepting credit card payments without having a merchant account. I’ll share two of those methods with you.
There is another way that makes getting a merchant account easy for people who think they can’t get one because of credit reasons, or whatever. It’s not guaranteed, but it does work for about 99% of people setting up their businesses.
Here are three solutions to your payment problems:
Clickbank. For a small sign-up fee (about $50, I think), you can accept payments for your digitally-delivered products using any major credit cards, or even e-checks. You don’t handle the transaction, or even the payment. Clickbank does it all, takes a percentage and just sends you a check. How’s that for convenient? Some people think that Clickbank’s fees are a little high, but if you consider all the services they provide: taking the payment, handling refunds, handling your affiliate program, sending you checks, sending your affiliate’s checks, doing all the bookkeepingI think it’s a fair trade.
PayPal. Studies prove that having PayPal on your sales page can boost conversions. Offer this as a payment option, and you will make more sales. Just like Clickbank, PayPal will handle the entire transaction for you. Your customers can use any major credit card, even e-checks, and they don’t need a separate PayPal account.
PowerPay. If you don’t want to use a work-around, like Clickbank or PayPal, and still think you would like to have a merchant account, but you have some spots on your credit record or you’ve been turned down in the past, I recommend you check out PowerPay. Judd Smith and the people at PowerPay are very experienced with online marketers and they are a lot more helpful at getting your merchant account set up. Here is their website: http://ipowerpay.com - The best Merchant Account for online Marketers.
Take the worry out of setting up your merchant account. Try one of these simple solutions, and get ready to collect payments, fast!
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