What you don’t know can truly hurt your online business.
This has never been more true than when you set out to choose an Internet payment systems.
It’s not so much that making a wrong decision can harm your business irreparably (although, it can); it’s that there is so much information to process before you commit to a payment gateway and merchant account provider.
John Bodine, the vice president of sales and marketing for Authorize.Net, says business owners should choose a provider in much the same way they would any other vendor.
“Get an understanding of who you’re dealing with,” he said.
We did just that and came up with a list of common criteria businesses use to make payment gateway/merchant account decisions:
- Does the payment system require a conventional merchant account?
- What type of fraud protection does the vendor offer?
- Does the vendor make it easy for your business to brand the payment system interface to look like it fits on your website
- Is it possible to integrate the payment system into an existing billing mechanism?
- Can your payment systems provider handle global currency?
For more on deciphering rate structures and how to protect yourself from a bad deal go here.
Photo by ugaldew .
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Can we solve the #1 Business problem people have today? Yes -- and the answer is simple...
Lia Sophia products have become a benchmark in quality and design for other companies...
World's largest co-ed fitness franchise, Anytime Fitness can leverage its tried and true...
PromoSlam has a mission to develop real solutions for individuals and families
Millions of people retire in poverty - but it doesnt have to be this way!
Coaching is a high-margin business where you can utilize your sales and/or business experience.
Jamberry Nails signature product, Jamberry Nail Shields, which are essentially stick-on nail art
Join an exciting opportunity that has the potential for huge monthly revenue.
Mobile commerce, Over 95% of business do not have a mobile app.