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Tuesday, July 31, 2012

Lesson #4 - Accepting Payments

 You want to make your transactions comfortable so that you client is satisfied without putting yourself through a loop to get paid. The following payment methods work best.

Checks/Money Orders – You can have your client mail in a check or money order and once it clears you can send them your proposal which will be covered in part 4.

This generally takes longer for you to get paid but still worth the effort. Credit Cards – If you have a merchant account then this is going to be your best bet when accepting payments. If you don’t have a merchant account, it is highly suggested that you get one. The monthly fees and charges vary, so be sure to do
your research.

1ShoppingCart – www.1shoppingcart.com If you’re going to be accepting credit cards and your in this business for the long haul I suggest using 1ShoppingCart as your merchant and credit card processor.

They have easy integration so it’s easy for you to add payment links to your sites.

First Data – www.firstdata.com I have a First Data account, they are good for taking orders over the phone because once you login in they have the order form there for you. Integrating First Data is a tougher process.

PayPal Payments PRO – www.paypal.com PayPal PRO is different from a regular PayPal because it is setup to where you clients/customers can enter their credit card information without having a PayPal account.

PayPal Standard

MY TOP RECOMMENDATION is PayPal because it is fairly simple to use and you can still have business owners pay you using their credit cards. Sign up for PayPal and once you login, look for the merchant tab to create your order links. You are instantly approved for a PayPal as long as you can verify your information.

On top of that you can receive a PayPal debit card 60 days after having your account so that you can use your card anywhere. This means you don’t have to wait on money to transfer you can go right up to an ATM to pull money out or use it make purchases.

Final Words

Ensure that your clients know when and how much their payments are so that there is no confusion. Nothing is worse than bad communication.

Regards,
Off Line Products
http://offlineproducts.com



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