If you are you thinking of selling things on the Internet,
you need to add credit card payment facilities to your
website. Why do you need credit card payment facilities for
your online business? Credit card payment facilities allow
you to secure a sale almost instantly. You would need a
credit card payment facility to close a sale for the
following scenarios:

1. Impulse Buying

   Your visitors will make impulse buying when they're
   convinced about your product after reading your
   sales letter. Credit card payment facilities secure this
   impulse buying immediately. If you don't have online
   credit card payment service available to your
   prospects, you would probably lose a lot of sales.
   
   If you use other slower payment facilities such cheque,
   the additional time for your visitors to complete the
   payment may allow them to have time for second
   thoughts.
    

2. International sales

   You would be able to secure sales for your International
   clients. It is easier and more convenient than receiving
   payment by cheque. One way in which you can accept
   credit cards on your site is through a Third Party
   Merchant.
   
   There are a lot of companies around will accept credit
   cards payments on your behalf in exchange for various
   fees and percentages. Third party merchant is convenient
   to use. The merchant will take care of everything for you.
   You will get a cheque from the merchant at the end of each
   payment date. This is a good way for beginner to start
   accepting credit card payment online.

Below is a list of third Party Merchants that provide the
credit card payment service that you'll need for your online
business. This list is for your reference only and you need
to check out the service carefully before you sign up and
use them at your own risk. Please be aware that the rate and
information may have changed by the time you read this.

Note: All amounts are in U.S. Dollars.

1. CCBill (http://www.ccbill.com)

   Setup Fee	Free
   Transaction Fee	Volumn (Gross $)	Fee
   	$0 - $5000	14.5%
   	$5001 - $12500	13.5%
   	$12501 - $25000	12.5%
   	$25001 - $50000	11.5%
   	$50000+	negotiable

    
2. CCNow (http://www.ccnow.com)

   Setup Fee	Free
   Transaction Fee	9% per transaction (8% per transaction from Nov to Dec)

    
3. Clickbank (http://www.clickbank.com)

   Setup Fee	Free
   Transaction Fee	Standard markup	Referred by Affiliate
   	$1 + 7.5% of the total purchase price	when you pay 33% commission, your markup cost will be $0.67 + 5.0%; When you pay a 66%commission, the markup costs you only $0.34 + 2.5%.

    
4. Digibuy (http://www.digibuy.com)

   Setup Fee	Essential Level: One-time set-up fee is $29.99 for the first product Advanced Level: One-time set-up fee is $199.00 for the first product
   Transaction Fee	13.9% per transaction fee ($3.00 minimum)

    
5. Stormpay (http://www.storm.pay)

   Setup Fee	Free
   Transaction Fee	Non NetIBA Certified: 6.9% plus 69 cents NetIBA Certified accounts: 2.9% plus 39 cents

    
6. PayPal (http://www.paypal.com)

   Setup Fee	Free
   Transaction Fee	Premier/Business Account
   	$0 - $3000	2.9% + $0.30
   	$3001 - $10000	2.5% + $0.30
   	$10001 - $100000	2.2% + $0.30
   	$100000+	1.9% + $0.30

    
7. ProPay (http://www.propay.com)

   Setup Fee	Free
   Annual Fee	Basic: $34.95 Premium: $34.95 Premium Plus: $34.95 Platinum: $299.95
   Transaction Fee	Basic: 3.50% + $0.35 per transaction Premium: 3.25% + $0.35 per transaction Premium 2.99% + $0.30 per transaction Platinum: 2.69% + $0.25 per transaction

    
8. WorldPay (http://www.worldpay.com)

   Setup Fee	One time fee application
   Annual Fee	A recurring, annual charge
   Transaction Fee	Request a quote

You have to have the credit card payment facility service
available for your online business. If you are selling
things, physical products or digital products, on the
Internet, you really have not much choice but to accept
credit cards.

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