Options for online Payment processors

If you’re planning on offering products and services for sale on your website, take some time to consider how you’d like to be paid.

The first two options to consider are whether it’s important to you for your customers to complete the payment process on your website or be taken away to another website to complete the payment.

One Site Payment Processing

Advantages:

  • Keeping customers on your website for the checkout process creates a more polished process.

Requirements:

  • SSL License to encrypt credit card data
  • Account with a payment processing company (see below)

Off Site Payment Processing

Advantages:

  • An SSL License isn’t required as the checkout process is done on another website using their security.

Requirements:

  • Account with a payment processing company that provides the checkout process.

Payment Processing Options

PayPal:

  • SSL License is not required.
  • Offers free signup for personal or business use.
  • Transaction fees: 30 cents each and 2.9%.

Stripe:

  • Offers free signup for personal or business use.
    Transaction fees: 30 cents each and 2.9%.