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There are many different ways to accept credit cards on your web site and it is essential that you do. (Research figures suggest that you could lose up to 90% of your sales if you are unable to accept credit cards)
Option 1 is to apply for Internet merchant account with your bank but this can be costly and many applications are refused for first time businesses. You will more than likely be asked to provide trading histories etc. and if this is your first adventure in business you will not have these. More importantly because your main product is non-tangible, (you'll be selling electronic data and not shippable goods), you may find that many banks will be reluctant to deal with you.
If they do it's likely that they will enforce high set up charges and worse, excessively high commission charges on each order.
Option 2 the easy, low cost alternative, and the route I suggest is a virtual merchant account. There are now many companies that will act on your behalf and collect and process payments for you. You sign up with them and they mail you checks weekly, fortnightly, monthly or when your sales reach a certain value.
These companies provide what is often referred to as a virtual merchant service. I'm sure there are many excellent virtual merchant service providers around but I have been unable to find a better or more reliable service than that offered by ClickBank.
ClickBank works as an online billing solution, it's used by thousands of web businesses that deliver unique products or services over the Internet itself (via web pages, files, or email). You will be doing this yourself when you sell e-books. Here's how it works.
ClickBank enables the real-time sales of your digital goods or services and provides international fraud screening by ccScan®. To save you time and trouble they also handle all customer billing, billing inquiries, bank inquiries and process all of your sales volume. This makes it easy for people to buy your e-books and allows you to concentrate on your web site and your ebooks. I've used this service a long time and never had any problems even better set up is quick and easy.
- File Size:2,492 KB
- License: Private Label Rights
- Category:Ebooks
- Tags:2008 Ebooks Private Label Rights