How To Take Credit Card Payments From Your Website !!!

hike bill Parliament from radical marketing solutions dot com
and this is video 8 and the beginner's guide to you small business internet
marketing How To Take Credit Card Payments From Your Website !!! how to take your offline business are online
and today I have a very exciting topic to discuss with you
because it's all about the money you've done your keyword research
you've created your website he got traffic to your site
and now you have a prospect on your site he's whipped out their credit card and
they're ready to spend money on your products and services
so now you need a way to accept your prospects
high quality online printing credit card information get that money and tear cap
so let's talk about the two different ways there are to accept credit card
payments online
so the first way to do this is to open your own merchant account and the second
way is to create a third party
merchant account so let's first talk about opening your own merchant account
what a merchant account does what they're in business for is to take the
credit card information from your customer
process it and then deposit those funds
and to your bank account when you open your own merchant account there is an
application process they will run your credit report
and there will be a fee associate it with
the application process but there are couple benefits to having your own
merchant account which are
first it typically the part Rams action and fees
in other words how much they charge you to process
each on transaction on your website is typically
lower than some the other options you have online
and secondly its much more professional to have your own
merchant account so if you have a large site or if you're a
are well known brand or out business it's probably it's smarter idea to have
your own
merchant account so let's talk about how this whole process
actually occurs and how the merchant account arm
mate process the credit card actually get to the point where they're put money
in your bank account
so the first thing you need to know is it starts with age
online shopping cart and shopping cart is the
mechanism that actually takes your customers credit card information
address main things like that and then sends it over
to the payment gateway now with a online payment gateway does
is day actually encrypt the information
and then send that information to your merchant account who processes it
and then deposit some money into your bank account now
for a shopping cart I use one shopping cart
and I've had excellent results with them a lot of people actually do I use for
the sanctions gonna kinda
share this with you so one shopping cart you can create that
in there are it to end up a shopping cart
you can create the out forms encodes and you copy and paste it into your website
and then all the different for her shop on your website
to take the credit card information I use authorize dotnet
as my payment gateway are again I've had excellent results for them a lotta
marketers online
business owners use them and the specialized and
I'm up to paint a gateway for credit card
payments and my merchant account I use power pay there are many different
merchant account out there
just do a google search in a fine I a bunch of them
I use power pay because they have a special division
within their business that focuses solely on
people who sell things online the understand my business and we have a
very good
working relationship and they've been excellent for me so
those are the three resources I want to share with you so now let's talk about
third-party merchant accounts
I'm you probably recognize somebody's businesses like Pay Pal
Google Checkout and CC bill third-party merchant accounts
typically of there are no setup fees so you can
you can get your third-party merchant account set up and ready to go
however the perch and action fees are typically much higher than if you had
your own merchant account so
yes company to outweigh that out also third-party merchants are good for
I'm newer businesses online if you only have a few things
on that you're selling and there's not as much perceived professionalism
when using one of these types if I'll checkout process is
sometimes people don't feel comfortable putting your credit card through
something like pay power Google Checkout
on and there's going to be a little bit more friction from your customers
giving you their payment information using these kinds of brown
arm companies but if you're just new starting out or if you're gonna test out
a new product
on it's very easy to use these guys again
in order to get a a payment button on your site
in order to take the payments on it's going to be a HTML code that you
copy/paste portray on your website
so there you have it those are the two ways that you can accept credit card
information
are mine and if you need any more information
or if you like to learn more about getting your business up and running
on-line
on request a copy my for report put your name and email
in the I open box the top rated this website
free report is the seventh most common and costly mistakes business owners make
when taken their
offline business online and this is Bill Parliament same
now go dominate Google *** ***