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So you have a website and now you
need e-commerce services also known as online merchant accounts to accept credit cards and bank checks for your
orders. If you presently have a banking account. Consult with your bank about adding an online merchant account.
Usually bank rates are lower than other online merchant accounts. However if you are not doing $5,000 a month or
more in online orders. The monthly and other fees they charge may be to your disadvantage.
If you expect your sales to be less
than $5,000 per month. You may want to consider alternate online merchant account services companies such as Storm
Pay, Pay Pal and others that can help you to accept credit cards online. I like Pay Pal especially now that they
are owned by E-Bay. There are no set-up charges or monthly fees. You can also tie you account to a money market
that pays (though it is not insured) and you get cash back on your purchase made using your pay pal account. All
you need is a credit card or bank account to get started.
After acquiring your merchant account,
you will also need a shopping cart to fulfill your orders. Almost every e-commerce merchant account provides a
shopping cart. However designing one to your websites specifications may be tricky and time consuming.
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