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A reserve fee is withheld to cover and charge backs you may have. If you have no charge backs within a period of time, your reserve will be refunded to you. Each company has their own guidelines in regard to reserves.
The following websites will process credit cards for you:
iBill (Highly Recommended) http://www.ibill.com
This outstanding company is a complete ecommerce solution that will enable you to process transactions through your website via credit card (Visa, MasterCard, American Express, Discover, and JCB), online checks, or through their telephone billing service (900 toll phone number). There are no setup fees. They charge 12% -- 15% per transaction fee for credit card and check purchases and 20% -- 30% per transaction fee for phone purchases. Non-US merchants are welcome.
PayPal (Highly Recommended) https://www.paypal.com
Another outstanding company that enables any business or consumer with an email address to securely, conveniently, and cost-effectively send and receive payments online. You can sell with PayPal through an online auction, on your own website, or as part of an online marketplace. There are no setup fees. They charge 2.9% + 30¢ per transaction.
ClickBank (Highly Recommended) http://www.clickbank.com
ClickBank is another outstanding company that will enable you to accept Visa, MasterCard, American Express, Discover, Eurocard, Visa-Debit, MasterCard-Debit and Novus cards. No merchant account is required.
They charge a one-time $49.95 activation fee, and a $1 + 7.5% fee per sale. There are no monthly fees. The great thing about this company is that over 60,000 affiliates can choose to sell your products for you. ClickBank enables any web seller to automatically pay sales commissions to affiliates. They will bill your customers, pay you, and pay your affiliates a commission. In other words, they'll run your entire affiliate program for you. In addition, their services are available for non-US merchants.
ClickBank is intended to be used for electronic merchandise only. If you ship a physical product, you may want to consider using iBill to process your orders.
If you're just starting out, you may want to use one of
third party credit card processors, as this is
easiest route. Each company provides you with step by step instructions to assist you in getting your website set up to accept credit cards. The great thing about third party credit card processors is that they handle everything for you. You don't have to hassle with processing your credit card payments or charge backs, as everything is taken care of for you.
In order to be successful on
Internet, you must accept credit cards. In addition, you must make
ordering process as simple as possible. With today's technology, even
smallest homebased business can now accept credit credits almost instantly. Visit one of
websites mentioned above and get your website set up today. Your success depends on it.
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Shelley Lowery is the author of Ebook Starter - A complete ebook design kit. Subscribe to Etips, for a wealth of quality information to assist you in Web Design, Internet Marketing & Ecommerce. All new subscribers receive a free copy of the highly acclaimed ebook, "Killer Internet Marketing Strategies." http://www.web-source.net/cgi-bin/t.cgi?l=bl1