1. Ensure gateway compatibility: If you’ve already implemented a shopping cart package, ensure that the payment gateway service of your ecommerce merchant account is compatible.

2. Increase profits: It’s tough to compete without accepting credit cards; when you do so online, expect sales to increase by an astounding 50 to 400%!

3. Beware of fees: Typical processing fees for merchant accounts include per transaction fee, batch closing fee, monthly statement fee, and chargeback fee; ask about others.

4. Watch for scams: Many payment-processing companies can appear to be extremely large on the Internet, when they’re really just big advertisers and high-pressure salespeople.

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Article by Nakagava Ltd., creator of PiggyBob™, the first truly user friendly personal finance software and time manager. PiggyBob™ is an extremely convenient tool to help you keep track of your income and expenses, plus a very useful printable calendar to record all important events in your life. All the data you record in PiggyBob™ can be handily visualized in graphs.

This entry was posted on Thursday, November 9th, 2006 at 2:46 pm and is filed under Home business. You can leave a response, or trackback from your own site.