Home » Internet

6 Tips to Select the Right Merchant Service Provider to Enhance Your Business Online

Jul 28, 2008
If you are trying to sell products online then as a merchant it is critical that you look for a service provider that has effective tracking, customer support and merchant protection features enabled. Here are 6 tips to select the right merchant services provider to enhance your business online:

Credit card payment acceptance

If you are only accepting PayPal as mode of payment and avoiding credit card payments on your website then you are missing out on a huge chunk of customers. Most customers (close to 60-70%) prefer paying through their credit cards when it comes to online shopping as compared to options like PayPal etc. So if you only have PayPal as your payment option then it is time to look for a merchant service provider that offers a wide variety of payment options like credit card payments, direct deposit into accounts in Worldpay or Authorize.net, Google Checkout etc. This wide range of payment options will help you expand on your customer base and attain more sales online.

Complementary to business type

Ideally, you want your merchant services provider to complement your line of business. If you are into selling digital products like ebooks, software etc. then your merchant services provider should accommodate and have provision for such products as well. Try looking for a merchant services provider that has provision for digital, material as well as subscription based products for maximum product exposure and variety.

Sign up fees: strict no-no

If your prospective merchant service provider is charging you for signing up then you should let it go. It is because there are merchant service providers these days who provide doesn't charge you a cent to signup and start selling your products online. Besides this, you can access many value-added services on such sites to enhance your business online.

Reliability and reputation

You must always do a background check and thorough analysis of your prospective merchant services provider. Always check out the testimonials and customer speak sections, ask around about the company and see if they have efficient and value-added services to complement your business.

Existing affiliate networks

It always helps to signup with a merchant services provider that has a built-in network of affiliates. This way, you do not have to hunt for affiliates to register for your affiliate program. This way you can easily increase your sales with a help of affiliates. You can also choose from various high quality affiliates by analyzing their past performance. This also ensures you only recruit the best affiliates in the industry and get maximum referrals and sales on your site.

Affordability factor

Another important factor to consider is how much fees does the merchant service provider charge you? Do they have a signup fee involved? Do they charge extra fees that do not pertain to the transaction and monthly fees?

Click2sell is a great merchant services provider that has exclusive features like built-in affiliate network, tracking and monitoring systems for measuring performance, flexible and easy customer support, variety of payment processor accounts to expand customer reach, thousands of products to choose from based on digital, material or subscription based and many other features. Whether you wan to sell digital or material product, such service is for you! Happy profiting!
About the Author
Egidijus Andreika is a creator of Click2Sell.EU affiliate programs network. Click2Sell allows you to sell digital products online and run your affiliate program with a built-in affiliate network. Get paid instantly, provide easy payment options for customers, recruit affiliates. Sell downloads online. Visit Click2Sell affiliate network.
Please Rate:
(Average: Not rated)
Views: 191
Print Email Report Share
Article Categories