If you're just starting out and
you are short on
money and would like to start excepting credit
card from your website for a small one time fee,
then you can use the
following 2 processing companies without a merchant
account:
ClickBank will except credit cards for you
without a merchants account, it also has a built in
affiliate program - they pay your affiliates for
you.
- Setup Fee: $49.00
- Discount Rate: 7.5%
- Transaction Fee: $1.00
2CheckOut will except credit cards for you without
a merchants account.
- Setup Fee: $49.00
- 5.5%
of Transaction Amount
- Per
Transaction:
$0.45
Eventually, you will want to
get your own merchant account because you will pay a
lot less in transaction fees and it looks more
professional.
Here are a few things to
consider:
- There is a minimum
discount fee of around $25.00. So, at 2.5%
(for easy math), you would have to make
$1,000 per month to get that rate. Plus, you
will pay around 30 cents per transaction.
- If you start an affiliate
program with ClickBank , you can't transfer
your affiliates to a new program. In other
words, you can't get your own merchant
account and use a different affiliate
tracking system.
- Having your own merchant
account gives you the ability to customize
your order pages and integrate with any
software you want (i.e. affiliate tracking,
digital delivery, etc.).
- Integrating an ecommerce
system with your merchant account takes some
technical skill. At the very least, you will
need some HTML experience to add order links,
affiliate tracking code, etc.
If you're ready to get your own
merchant account or just want to *do it right* from
the start, then there are three companies I
recommend:
Total
Merchant Services -
24/7 customer service, easy signup, good rates.
- Setup Fee: $199.00
- Discount Rate: 2.29%
- Transaction Fee:
$0.30
- Gateway Fee: $10/mo.
- Statement Fee: $15/mo.
Charge
Merchant Services -
24/7 customer service, easy signup, good rates.
- Setup Fee: $195.00
- Discount Rate: 2.35%
- Transaction Fee:
$0.30
- Gateway Fee: $15/mo.
- Statement Fee: $10/mo.
E-Commerce
Exchange - 24/7
customer service, easy signup, good rates.
- Setup Fee: $195.00
- Discount Rate: 2.35%
- Transaction Fee:
$0.30
- Gateway Fee: $15/mo.
- Statement Fee: $10/mo.
