Believe it or not, you can’t simply create a webpage and magically take credit card payments when you want somebody to sign up for your one time or recurring membership site. You must make use of an additional service which will take credit card payments for you and tell your membership software you need to let somebody into your site. But which one should you use? It appears like you can find hundreds there are new payment processors popping up everyday so which should you use?
I favor to make use of PayPal for simple payments, ClickBank for affiliate payments and 1ShoppingCart if I wanted to get a merchant account. Let’s speak about all the three.
In my opinion, PayPal is probably the easiest payment processors to utilize simply because you don’t need to go through a lot of hoops just to have established. You really do need to produce a PayPal account that people can click a button and either pay out through their PayPal account or enter inside their charge card details. PayPal processes the transaction and puts the amount of money in your account. Then it’s your choice to discover how to get compensated if you wish to receive money coming from a check or direct deposit but the money experiences PayPal.
You may not actually have to create a merchant account, they actually do it for you. You can develop a repayment plan on a moments notice and also you usually are not restricted as to what kind of things you sell. For instance, when you develop a credit card merchant account you need to establish which kind of business you might have.
If you want to have a seminar business, you must say inside your merchant account that you are currently a seminar offline business. Then if you wish to take payments for e-books, you know what? You should produce a different merchant account – kind of inconvenient, right? But with PayPal, you simply take payments.
The only flaw with PayPal is that they do not possess an affiliate program. For this, I use ClickBank. ClickBank has a built in affiliate marketing program so when you sell something utilizing the ClickBank payment processor, anybody else can sign up as an affiliate, refer people and get paid a commission. The positive aspect of ClickBank is because they get compensated plus they shell out affiliates before you even get paid so they deal with all the current tax issues that is completely out of your hair.
The only real downside of ClickBank is because they are incredibly generous using their refund policy. Therefore, I only take some payments on ClickBank, solely those when I wish to have some affiliate sales.
In case your membership business really takes off and you want to have lower fees, more controls and advanced features like one-click upsells or email lead tagging i recommend 1ShoppingCart. 1ShoppingCart is excellent simply because they combine an autoresponder having a shopping cart application which means you can run basically all of your business from a single central location.
That’s the payment processor you need to use for the membership site. Just starting off, use PayPal to your membership site. If you wish to have an affiliate program then create a ClickBank account as well and in the oajgwd if your business really takes off, use the 1ShoppingCart service.