Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Thinking Of Taking Money Online? Whats Best For Merchants? PayPal, WorldPay or Something Else? > NetSparsh - Viral Content you Love & Share

Thinking Of Taking Money Online? Whats Best For Merchants? PayPal, WorldPay or Something Else?

It's now easier than ever to take payments on the web. As people selling their wares take pot shots at eCommerce providers in an ever-increasing battle to sabotage their "competitors'" success it gets harder and harder to find an honest unbiased opinion.

So that's what I'm setting out to do in today's article.

You see, as we've enabled 3 different payment methods at www.BookShaker.com I feel I can comment in a far less biased way than people sticking with a single solution.

*** IMPORTANT NOTICE ***

Obviously, these are just my opinions and any solution you choose will have pros and cons. What's best for one company might not be right for another. So take your time to really understand what's involved by asking the provider before committing to a solution.

PayPal - www.PayPal.com

Some people, rightly or wrongly (in my opinion - wrongly) are afraid to pay via PayPal which has given it a bad rep and does lead to a loss of sales for merchants using it if they are unknown to the customer.

Pros:

* It's really easy to get a payment button up and running on your site

* You can use it to securely send payments to others

* Anyone who's ever used eBay will already have an account

* Giving refunds is a doddle

* Great low-cost way of adding secure credit card payments to your site

* They're not greedy with commission or charges

* Multiple currencies supported

Cons:

* Poor perception in the marketplace (in my opinion this is due to people who've paid through the teeth for another solution trying to make it hard on people just starting out)

* This is the biggy - people from many countries (such as South Africa) are unable to get a PayPal account which reduces sales potential if you sell internationally.

Summary:

I've used PayPal a lot in the past and still do. If you are planning on accepting payments from clients that already know you then this is the best and fastest option for enabling the process. You need to check your own biases (ie did you just hear it was bad) and encourage reluctant clients to try it out - it's safe!

WorldPay - www.WorldPay.com

This is seen as THE standard for online stores and eCommerce. Customers trust merchants with WorldPay because they know it costs the store owner a lot more to set up - which goes someway to proving they're a bone-fide company who won't do a runner.

Pros:

* Good customer perception. Adds kudos and helps customers feel safe with you. We noticed a peak in sales pretty much immediately after making WorldPay live on our site.

* International currencies (but at a cost)

* Their checking procedure ties in with Distance Selling laws so when you pass you can be confident you're applying good practice as an online merchant.

* Looks good and can be customised to fit pretty seamlessly into your site's style.

Cons:

* They charge you a small fortune just to get started and then make you wait for a few weeks while they do their bit

* High - bordering on extortionate - charges means they can eat your profit - individual transaction fees mean that tiny payments (I'd say anything sub £4) are also out of the question.

* They pay you your own money 4 weeks in arrears - bad for cashflow of smaller firms and seems to benefit them more than anyone else!

* They MAKE you put their logo (which I personally think is awful) on your site. This, again seems to serve their interests rather than the customer or merchant.

* Integrating with your site is not as easy as PayPal or NoChex (will probably need a techy)

* Every additional currency accepted costs you extra to set up

* They charge you an additional transaction fee on top to protect you against fraud

NoChex - www.NoChex.com

Last time I checked NoChex was only available to UK companies - but if you're providing a service or product to UK customers only then this could be your best bet for a fast, low-cost way to start taking payments.

Pros:

* Easy to set up and add payments

* Customers don't need to register

* They're really generous on the charges front - not greedy at all.

* It's totally secure

Cons:

* Hardly anyone has heard of them which could lead to people being afraid to provide card details

* The payment page is a bit 90s and looks garish

* It's just for UK

Oh and NoChex give you a breakdown to show you just how varied the range of charges can be... http://help.nochex.com

'Dangerous' Debbie Jenkins
debs@debbiejenkins.com

(c) Copyright 2005 www.BookShaker.com

SUMMER CAN BE SLOW FOR BUSINESS
But don't let that get in the way of your success.
This is the ideal time to work on your business
rather than in it. Get 2 F'REE eBooks and prepare
for more success with less effort here...
http://www.leanmarketing.co.uk

I'm wondering if... You Know Other People who should be reading this too? So do us all a favour (they get 2 free books - we get a new subscriber - you get to look good) when you Pass On This link... http://www.leanmarketing.co.uk

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Web Developer - Marketing
Built In Chicago
Sprout Social is looking for an experienced Web Engineer to join the team that creates and maintains our web properties and marketing campaigns. Our Marketing Development team is a small, highly collaborative group that loves to experiment. As a member ...


Android Authority (blog)

7 web development kits for less than the price of 1
Android Authority (blog)
That's the price that The Complete PHP & MySQL Web Development Bundle has been slashed to this week. This combination of seven online training kits and 44 hours of expert instruction is enough to take you from an absolute noob to web dev guru by the ...


TechRadar

Best web development tools of 2018
TechRadar
Traditionally, when we think of web development, we picture some coder typing furiously on a keyboard into the wee hours of the night while slurping coffee, sitting in a dark basement next to the flashing LEDs and whirring hard drives of a stack of ...


TNW

Keep users in the heart of web development with this UI/UX Design training — and name your price
TNW
We all know how important site architecture and usability is to a website's eventual success or failure. While the actual mechanics of site building are usually front and center in web development, it's surprising how seldom a user's feelings about a ...


Learn Website Development Using Your GI Bill … In 14 Weeks!
ClearanceJobs (blog)
To learn full-stack web development in 14 weeks means the program is intense – up to 14-hour days, six days a week. An optional internship program extends the course to 32 weeks and gives the student more real-world coding experience which looks good ...


Junior Web Developer — WoodsCamp
Huddle Today
Collaborate with other Woodscamp technical staff to tackle large scale web development projects. Design and develop internal development tools. Write documentation on technical products and procedures. Write unit tests for new and existing technical ...


mediabistro.com

Web Developer
mediabistro.com
The Web Developer will be responsible for front-end web development of The Arc's existing and new websites. He/she will play a project management role on any complex web development projects that require the support of outsourced designers and ...


Full Stack Web Developer at Valispace
EU-Startups (press release) (blog)
At Valispace we accelerate the path to the future: Do you want to see Mars colonies, underwater data centres and self-flying taxis come to life soon? Valispace is a collaborative engineering software that enables hardware engineers to build the ...


SDTimes.com

Industry Spotlight: Web development tools, frameworks evolve quickly
SDTimes.com
Changes in technology have led to changes in how web applications are created. And that has caused some consternation among web developers. A decade ago, the development choice was to use .NET or Java, which meant WPF or ASP.NET for Microsoft ...

and more »

Neowin

Pay What You Want or beat the average for this Full Stack Web Development Bundle
Neowin
Today's highlighted deal comes via our Online Courses section of the Neowin Deals store, where you can Pay What You Want for the Full Stack Web Development Bundle. The world's best developers are Full Stack developers. Here's 122+ hours of ...

Google News

7 Reasons Why Your Small Business Needs A Web Site

Many small businesses have the misconception that their business can... Read More

5 Essential Traits Of A Home Business Website

So you've decided to start an online work at home... Read More

Ecommerce for Beginners

Like most average persons, I wanted some extra money to... Read More

Get Your Business on the Web

I can't think of any business alive today that couldn't... Read More

Getting One-way Inbound Links: the 5 Major Strategies

With search engines putting a damper on direct reciprocal links,... Read More

The Cost Of A Web Site

Just starting out, you can start with a simple informational... Read More

How Did You Get Here?

When marketing your website, it's important to know which of... Read More

Building Websites with Directory Generator

Directory Generator, a product from Armand Morin and Marc Quarles,... Read More

Top 5 Webmaster Tools You Can Pick Up For Pennies

1. SiteSpinner V2 - On Sale www.deprice.com/sitespinner.htmSiteSpinner is a user-friendly... Read More

Web Content: How Much Should I Pay?

When web content gets discussed on webmaster bulletin boards, the... Read More

A Website Is Not Enough

Your ObjectiveYour small business needs an appealing and professional website... Read More

What and How to choose the Right Keywords for Mega Traffic

Keywords in Search Engine Optimizing and Search Engine Marketing are... Read More

Website For The Company Store

If your company own one or more stores, you might... Read More

Website Globalization

Globalize Your WebsiteThe Internet has unlocked a wide array of... Read More

Sticking To Your Plan

So you have a good idea for a business and... Read More

The Power Of CPanel

cPanel is a control panel for your website and allows... Read More

Why Should Your Business Go O.N.L.I.N.E.

Optimize your time. How much time each day must you... Read More

Study Your Sites Performance Via Hit Tracking

Knowledge is power.And undoubtedly, it is the key to making... Read More

Increase Hits to Help Increase Your Business

In this day and age most businesses consider having their... Read More

How to Get a Better Web Site ROI

Better Web Site ROIHow to increase your business profitability by... Read More

High Quality Website at Low Cost

Although designing a great web site is an important part... Read More

Let Your Customers Redesign Your Website!

When you purchase a new item from a Yahoo! Store,... Read More

Web Site Optimization: How To Speed Up Your Web Site By Minimizing Your GIF and PNG Image Bit-Depth

Are bloated images slowing down your web site and causing... Read More

Top 5 Reasons to Track Your Website Traffic

#5 User Satisfaction: Learn what your visitors and site users... Read More

How To Convert More Sales On Your Website

One of the biggest mistakes that most online retailers make... Read More