You’ve found your market, created your product, written your sales copy, and launched your website. The million-dollar question is, how will you be taking payments?
The good news is that it’s not hard to set up a system for accepting payments online and then send customers links to download information products like eBooks, software, or other electronic downloadable products.
There are many ways to accomplish the same goal online, but here are three simple ways to accept payments online. Although they aren’t the most affordable option, many individuals have found success with them, so you might want to test them out to see if they’re a suitable fit for the information items you plan to sell online.
To accept payments from your site, you can sign up for an account with a third-party payment processor like Clickbank.com (you may already be familiar with this option). They’ll accept major credit cards and online payment systems like PayPal and show your consumer the total order cost in their native currency.
You can have the funds deposited directly into your bank account or by check (for more information, see Clickbank.com). They will handle the payment processing for you. After creating an account, you can add things to sell by configuring them in the products section and sending a download or thank-you page to clickbank.com. When prompted, paste the URL for the download or thank you page you were taken to.
After creating a product on Clickbank.com, you can have your webmaster add a buy now link to any “order now” buttons or graphics on your site. A simple example of such a web address might look like this product#.yourclickbankid.pay.clickbank.net.
You may ensure that your product’s link and payment processing will run well by switching it to “test mode” on clickbank.com. The second fantastic thing about Clickbank.com is that you can modify the cost of the products you sell anytime by logging into your online account. You can sell a wide variety of things from different clickbank.com accounts.
When your clients make a purchase, their credit card company will show “Clickbank.com” if they used MasterCard or VISA. Remember that you may accept credit card and PayPal payments through your Clickbank.com account, giving you the best of both worlds.
Don’t forget that you can also use clickbank.com’s affiliate program to have other people sell your products and services for you. The entire process of collecting payment from customers, processing orders, and dispersing commissions to you and your affiliates can be handled by clickbank.com. That’s quite cool for online sales of knowledge products.
Second, you can utilize PayPal to accept payments, as it is perhaps the largest and most popular online payment processing provider. It’s simple to set up and operates similarly to clickbank.com in that it allows you to collect payments through various channels and stores those funds until you’re ready to move them to the bank account of your choice. Using PayPal, you may expand your payment acceptance to include MasterCard, VISA, and Discover.
If you don’t have an account, create one now. To ensure that the funds you owe are deposited into the correct version, you must confirm the bank information associated with your PayPal account.
Head to the Merchant Services tab after logging in to begin configuring your PayPal store. Make your product and decide how much you’ll charge for it. Always provide the download or thank you page URL so customers can get the product immediately after processing payment.
You can see how your buy now button will look on your website thanks to the various PayPal payment button examples provided. You can move forward once you’ve decided which option to employ.
You can skip the hassle of designing a “Buy Now” button altogether since PayPal will provide you with the precise HTML or website code to insert into your site to show the button you choose. You can either add this code yourself or have your webmaster do it. There is a link in the code for customers to add this to their shopping basket. Easy as pie, all you have to do is wait for the money to accumulate in PayPal and then withdraw it once it reaches a particular threshold.
Customers feel more at ease with their purchase, knowing their financial information is safe when using well-known and trusted online processing services like PayPal and Clickbank.com.
Third, you can set up your online merchant facility by working out a payment gateway and merchant account details with your bank. While this may be more expensive overall, it can significantly reduce transaction costs.
If you decide to take this route, you must speak with your bank about setting up a Merchant ID. There are numerous options for payment processing gateways. Check to see if the one you choose is compatible with the systems used by the bank of your choice. Verify which currencies your business can accept.
Online shopping cart solutions, such as 1shoppingcart.com, make selling digital products like ebooks and audiobooks quick and easy. You can automate your online business by setting up a payment system, accepting payments for digital products, and then immediately sending the buyer a link to a thank-you page or download page.
I mix all three depending on the situation, the service I need, the product I’m selling, and the available budget. These are just three possibilities, but if you’re looking for a simple and easily automated approach to collect online payments, I’d suggest either PayPal or Clickbank.com.
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