As a vendor, especially a newbie vendor, have you encountered such two problems: how to sell and how to accept payment? If you do business online and sell software or other items, offering clients the most convenient way to pay for their purchases is the key. However, obviously, the payment methods are diversified. Well, today we mainly concentrate on credit card payment online which is a preferred payment method for most online clients.
Why Use Credit Card Payment Online?
1. Fast and convenient: credit card transaction is processed within seconds once your customer enters the details on your checkout page. Unlike other payments, the funds are deposited instantly to vendor account.
2. International clients: credit card payment is tremendously convenient if your customers are overseas. So it is advisable that you should accept credit card payment so as not to lose potential clients.
Methods of Accepting Credit Card Payment
There are two ways you can adopt when accepting credit card payment online on your site.
1. Your Own Credit Card Merchant Account. It needs a bank that will enable you to open an account. For this, it has different requirements in different countries and regions.
2. A Third party Merchant. Actually there are numerous payment platforms such as PayPal, RegNow, ClickBank and many others, which are also called "payment gateways".
Third party merchant is generally simple to use when you do not know how much you can make from your products. Also if you want to test the water to see how things are, this may be a great way to begin. Besides, if you utilize a trustworthy third party merchant, your visitors might be more willing to purchase your goods online given that they trust that merchant.
How a Third Party Merchant Works?
Here just takes the PayPal for example:
1. Open a PayPal account if you don't have one.
2. Build Products on PayPal.
3. Set up Thank-you page on your website. So clients would immediately know their orders are successful.
4. Receive payment notification email. When the client pays, you'll receive an email notification telling you that the client's funds are now available in your account.
5. Manually generate and then send serial numbers or download links to your clients.
2. Build Products on PayPal.
3. Set up Thank-you page on your website. So clients would immediately know their orders are successful.
4. Receive payment notification email. When the client pays, you'll receive an email notification telling you that the client's funds are now available in your account.
5. Manually generate and then send serial numbers or download links to your clients.
The process seems very simple, doesn’t it? Actually during the transaction, you should concentrate on the IPN scripts which are crucial for the reception of order information and any error will lead to incorrect information. Moreover, demands for PHP knowledge make it difficult for vendors who had mastered some PHP knowledge, let alone newbies. Then how to simplify the establishment of credit card payment online? Now Sale Management X, the best choice!
Sale Management X provides you with a handbook, step by step show you the procedure on how to receive credit card payment. Much easier, more convenient!
Additionally, as what I have written before, the Thank-you page and IPN settings are very complicated. However, now with Sale Management X, no worry anymore! At the same time it can automatically generate and send serial numbers or download links to your clients.
Furthermore, the powerful background features can easily make vendors count and check for the sales via customer name, registration email, order receipt, country and order time, etc. no matter daily, monthly or even yearly sales information.
If you are selling things on the Internet, you really have not much choice but to accept credit card payment online. Now Sale Management X automates the whole process for you. You probably don't know what you have missed until you try it out.
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