Believe it or not, you can’t simply create a webpage and magically take credit card payments when you want somebody to join your one time or recurring membership site. You must work with an additional service which will take credit card payments for you and inform your membership software that you need to let somebody to your site. But which one in the event you use? It seems like you will find hundreds and there are new payment processors popping up everyday so what type should you use?
I favor to use PayPal for simple payments, ClickBank for affiliate payments and 1ShoppingCart if I wanted to possess a merchant account. Let’s speak about each one of the three.
In my opinion, PayPal is among the easiest payment processors to use simply because you don’t have to go through plenty of hoops just to obtain established. You need to develop a PayPal account that individuals can click a control button and either compensate you through their PayPal account or enter within their bank card details. PayPal processes the transaction and puts the money in your account. Then it’s your choice to discover how to receive money if you want to get compensated coming from a check or direct deposit nevertheless the money undergoes PayPal.
You do not actually have to make a merchant account, they actually do it for you personally. You can produce a repayment schedule on a moments notice and you also are not restricted as to what kind of things you sell. For instance, once you create a merchant account you have to establish what sort of business you may have.
If you want to use a seminar business, you need to say inside your processing account that you are currently a seminar offline business. Then if you want to take payments for e-books, you know what? You should create a different merchant account – kind of inconvenient, right? Though with PayPal, you just take payments.
The sole flaw with PayPal is because they do not possess an affiliate marketer program. With this, I use ClickBank. ClickBank includes a built in affiliate program so if you sell something using the ClickBank payment processor, anybody else can sign as an online affiliate, refer people and obtain paid a commission. The great thing about ClickBank is that they get paid and they also pay out affiliates before you even get paid so that they deal with all the tax concerns that is completely out of your hair.
The only real downside of ClickBank is they are extremely generous using their refund policy. Therefore, I usually take some payments on ClickBank, solely those when I want to get some affiliate sales.
In case your membership business really takes off and you need to have lower fees, more controls and advanced features like one-click upsells or email lead tagging i recommend 1ShoppingCart. 1ShoppingCart is excellent simply because they combine an autoresponder with a shopping cart application so that you can run basically your whole business in one central location.
That’s the payment processor you should use for the membership site. Just starting off, use PayPal for your membership site. If you wish to come with an affiliate marketing program then produce a ClickBank account as well and in the oajgwd should your business really takes off, utilize the 1ShoppingCart service.