Guides on How to Accept Credit Card Payment Online

Accepting credit card payments through your site is an absolute essential part of conducting business on the web. If you are not accepting online credit card payments and processing orders online, you are losing an enormous quantity of business.

Research has proven, with the rapid development of the Internet, you can improve your online sales as much as 400% by simply accepting card payments. Additionally, by providing a combination of payment options, you are able to enhance your sales even more. Nowadays, noticeably, the payment options are the online payment platforms (also called third party payment processors) such as PayPal, RegNow, ClickBank and many others. And they are very popular and has already used by tens of thousands of vendors. But if you want to sell your products on their payment platforms, firstly you have to set up some HTML codes.

Set Up Credit Card HTML Code

Once you have applied with one more several such payment platforms and have been approved and paid the setup costs, you are able to immediately begin receiving credit card payment online. Subsequently, you will be supplied with special coding to set up the HTML of the order page.

As a vendor, you know that when your customer clicks the order link; they will be taken to the processor’s secure server to process their purchase. Once their order has been processed, then they will be directed to a webpage in your website that you simply specify. This site might be a download page, or perhaps a “complete your order” page which you can use to gather your customers information including name, email address, country and so on. After this, direct them to your download page.

At the same time, when your customer places a purchase, you’ll instantly get an email notification telling you that you have got a purchase. Your account will be instantly credited, minus the organization fee, and you’ll be paid based on the payment schedule. And this is the whole process how to receive payments.

Frankly speaking, each payment platform has its own pages related to the codes setup. And you will see many, especially for PayPal which has hundreds of such pages. So here I advise you to try another way – Sale Management X that is wonderful digital delivery software.

The advantages of Sale Management X

It can help you build your products on various payment platforms (PayPal, RegNow, ClickBank and others if you want). Except for the HTML code setup, it also has many other outstanding features.

It shows you how to manage sales effectively. With it, you do not need to sit at computer day and night just for waiting for notification that tells you to send serial numbers to your customers. Now this tool can generate and send the Serial Number automatically and timely, or automatically send users to returned Thank-you page including information saying thank you and serial number, which will significantly boost your work efficiency and simultaneously win good credibility. In addition, you can check your sales via registration email, order receipt and so on. It is really convenient.

The Need of Virtual Terminal Payment Solutions

Terminal payment hardware has long been an important part of running a storefront. As anyone who has set one up knows, the time demands can be excessive, and the upfront costs can be significant. However, there is a new technology that promises to change this: virtual terminal payment systems. Here are a few of the advantages of this new technology.

Better Hardware Support

While computers have improved dramatically over the years, the processing power and RAM necessary to process payments has increased little. As a result, older computers work just fine for interfacing with virtual payment gateways, and there is no longer a pressing need for specialized hardware. In addition, the hardware used for some of these platforms is inexpensive and supports a wide range of commodity-priced hardware.

Better Portability

Thanks to smartphones and tablets, accepting payments while away from a primary storefront is now far simpler. By using a specialized card-reader or other item, portable devices can now be used for processing payments, and the affordability of these devices makes payment processing more portable than ever before. This allows businesses to accept payments regardless of where they are located.

Easier Application Process

One of the primary annoyances of dealing with traditional payment processing technology is dealing with credit card processor applications. Their requirements can be high, and many businesses simply lack the sales volume necessary to apply. In addition, many of these providers also make it difficult to install new hardware. Virtual terminal payment solutions greatly ease this burden and make the application process simple.

Greater Flexibility

Businesses grow and change constantly, and this change requires them to have to change how they accept payments. In addition, changing to a new fee schedule can be difficult for businesses that find their sales types to change. By switching to virtual terminal payment solutions, businesses can switch to different plans seamlessly, and this flexibility can allow businesses to save a considerable amount of money. Making the move can result in paying a smaller amount for payment processing.

Better Support

Most virtual terminal solutions target small business owners and individuals who may not have the money necessary to spend much on consulting fees. Fortunately, virtual terminal processing providers tend to offer significantly better documentation and support. These companies focus on making their systems easy to implement, and those that are simple to use will attract more users. This competition helps to provide better support.

Running a business is never easy, and managers and owners must be able to handle a wide range of tasks. Fortunately, new technology can simplify elements of running a business, and those virtual payment processing providers are allowing owners and managers to spend their time on more important elements of their businesses.

The Benefits of Using a Payment Processor

Using a payment processor can be highly beneficial for its convenience, efficiency and swift delivery; however there are other reasons why it is useful for companies.

Firstly, payment processing must be accurate, on-time and reliable; by using a payment processor, you can rest easy that this will happen, without having to take the responsibility of ensuring it does.

By choosing a trusted provider, you can usually procure a flexible yet reliable service, which will give your customers the freedom of choosing whichever payment method they choose. This will ultimately increase sales and help with customer retention; as well as widening your audience base.

However payment processors don’t just offer the service in hand – they also provide comprehensive online reporting, automated payment services and recurring billing options. This makes the process as efficient as possible and allows you to measure the value and quality of the service you are receiving.

The security offered by payment processing provides return on investment in itself, as it helps to mitigate the risk of fraud, and helps customers to feel more confident in parting with their money online. Consumers can sometimes be hesitant to pay for items online, worrying that their payment will end up floating around in space; in fact, it is much safer than paying by post as it can easily be tracked.

Lastly, the administrative burden is lifted from your company’s shoulders, and the application procedure to set up an account with a payment processor is very easy. Unlike other procedures, this process does not usually require companies to release confidential business information – including data pertaining to trading history, clients, suppliers and turnover.

Where charges for these services were previously high, they are becoming much more competitive as demand grows, so there is no reason not to consider enlisting the services of a payment processor.