Different payment solutions for different clients
- Author Justin Prince
- Published July 18, 2009
- Word count 553
Each client is unique. Each and every individual that makes use of your website requires a payment solution that suits their distinctive nature of their transaction. The solution is fairly straightforward and simple to explain, so pick and choose the option which would best suit you needs.
Consider the structure of each payment gateway’s fees and pricing. The norm is to charge on a month by month basis. It is also standard to take a percentage of your charges for their own profit. Certain payment gateways provide incentives to spend on their system, such as lowering their prices once a certain payment level has been reached. Personally, I believe that this is a fantastic option and I only wish that more payment gateways provided this nifty solution. The structure of the fees can drastically impact the manner in which you make cold, hard cash so think long and hard regarding your option of a payment gateway.
Examine the length of time it takes for a payment provider to release the debited funds into your personal account. This may strike you as being a trifle redundant, but it remains prudent to know exactly when you will receive your earnings. Also, you need to pay certain companies before a product is shipped etc.
Check with the payment provider which you are considering that they support all available credit cards. Across the world, millions of cards are being swiped. With each deft swipe, the magnetic strip is checked for information that verifies the country of origin and if the machine will accept it. Diners, Visa, Mastercard, American Express and a few other credit cards must be supported by the interface. This is must-have and I would strongly recommend that you look before you leap.
We live in a digital age. The ramifications of our lives without the internet would be awful. Certain lawless individuals have learned how to attack the internet in order to intercept our money. SSL can do away with these threats by providing a complex stopgap that places your information in safe hands and keeps it secure until it reaches the correct destination. With modern web-browsers, the presence of SSL is easily identified by the image of a lock in the corner of the screen, or next to the ‘https://’. The ‘s’ is another way to see that the site you are visiting is secure. The image of the lock varies from browser to browser, but you will realise that you are in a safe zone.
Identify your needs. Do you have facilities such as a merchant account? This is where the bank extents credit approval via your systems. Without it, many payment gateways will not be available to you. There are many payment services, however, that include their own merchant account with their product. For the small business owner or start-up company, this is an excellent way to skip out on unnecessary costs.
The decision rests in your hands. You need to consider the pros and cons of each payment gateway before diving in. It will mostly be an easy one, as the providers are willing and able to assist you in this critical choice. If you pick the correct one you will have struck gold, as a good working relationship with your payment gateway provider should be a lifelong committal.
The correct payment solutions enabled Sharon Webber to build her client base up due to her easy-to-usepayment gateway.
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