I would like to welcome Michele Gill from "The Mommy Blogger Directory" here with us, today. She has some terrific tips on making money while blogging. Thanks Michele for taking the time to share with us!
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Look at Some of the Most Affordable Online Payment Systems
If
you want to receive payments on your blog, you will need to sign up
with an online payment processor. As electronic commerce has exploded
in popularity during the last decade, there is no shortage of
companies that allow individuals and small merchants to process
credit card payments on Advantage Processors.
Of course, payment processors are also in the business to make money for themselves. They do this by charging various fees to their users. In most cases, the buyer doesn't pay anything extra. Rather, it is the merchant that assumes all fees related to processing the transaction. One concern that many bloggers have is finding a payment processor that doesn't charge too much.
There are several companies which allow you to receive payments without any sign up or monthly fees. Rather, you pay a small charge every time you receive a payment. Here are some of the most inexpensive online payment processors for bloggers:
Amazon Payments
With Amazon Payments, the fees for receiving payments of under $10 are 5.0% + 0.05 for each transaction. Payments over $10 will cost you 2.9% + $0.30 per transaction. You can easily withdraw your funds straight to your bank account.
Dwolla
While a relative newcomer to the online payments industry, Dwolla is already processing over $1 million in daily transactions. The fees are very low: $0.25 per transaction for purchases over $10 and nothing for transactions under $10. Their only drawback is that they don't allow the buyer to use their credit card. Rather, Dwolla functions as an e-wallet that the customer has to load from their bank account.
Stripe
This company offers a very good payment solution that costs only 2.9% + $0.30 for each successful transaction. What sets stripe apart is that they also provide solutions for web developers to integrate their payment gateway into their sites and applications without requiring any setup or monthly fees.
Of course, payment processors are also in the business to make money for themselves. They do this by charging various fees to their users. In most cases, the buyer doesn't pay anything extra. Rather, it is the merchant that assumes all fees related to processing the transaction. One concern that many bloggers have is finding a payment processor that doesn't charge too much.
There are several companies which allow you to receive payments without any sign up or monthly fees. Rather, you pay a small charge every time you receive a payment. Here are some of the most inexpensive online payment processors for bloggers:
Amazon Payments
With Amazon Payments, the fees for receiving payments of under $10 are 5.0% + 0.05 for each transaction. Payments over $10 will cost you 2.9% + $0.30 per transaction. You can easily withdraw your funds straight to your bank account.
Dwolla
While a relative newcomer to the online payments industry, Dwolla is already processing over $1 million in daily transactions. The fees are very low: $0.25 per transaction for purchases over $10 and nothing for transactions under $10. Their only drawback is that they don't allow the buyer to use their credit card. Rather, Dwolla functions as an e-wallet that the customer has to load from their bank account.
Stripe
This company offers a very good payment solution that costs only 2.9% + $0.30 for each successful transaction. What sets stripe apart is that they also provide solutions for web developers to integrate their payment gateway into their sites and applications without requiring any setup or monthly fees.
