One of my students asked me “I’ve been using PayPal for my internet business and I feel they are a bit expensive, is there another service you suggest using instead?”
If you are using Paypal shame on you! Even though they process everything for you, I hate to PayPal to run any internet business. PayPal is good for running an eBay business for which it was originally created, but for an internet business they are not only expensive but seriously lacking.
The service that I recommend instead is PowerPay. Now, you need a few things in place in order to use this service, but once you have them set up it is a seamless solution. If you go to www.powerfulpromoter.com/onlinepayments.htm, I outline everything in detail there.
First, to transfer money online to your bank account, you need a shopping cart. A shopping cart makes the order forms, keeps up with the orders, and takes the payment information.
Second, you’re also going to need to get a merchant account. I use is PowerPay.biz . However, just because you have a merchant account does not mean you can receive payments online.
Now, even though you have a shopping cart and a merchant account setup it still doesn’t mean it’s going to work together. So, you need one more thing called an internet gateway. The internet gateway that I use is Authorize.net.
That’s how everything gets connected together. Basically, like I said, the shopping cart makes the order forms, keeps up the orders and takes the payment information. Then the internet gateway receives that information, runs the cards for you and then your merchant account receives the payments, pays you and puts the money into your bank account.
So, you really need four things. You’re going to need the shopping cart (I use KickStartCart). You need Authorize.net, which is an internet gateway. You need a merchant account, and the merchant account I use is PowerPay. The fourth thing you will need is the bank account. I hope you’ve got one of those because that’s directly where they’re going to deposit the money.
If you need to set something like this up and get all the fees waived for your merchant account, then go to powerfulpromoter.com/onlinepayments.htm and you can basically get a free merchant account and a free internet gateway set up fairly quickly. If you are having some credit issues or something you’re afraid will prevent you from getting an account, email me at mbacak@gmail.com.
Just tell me what your issue or problem is and I’ll make a phone call to Judd Smith. Together, we will help you out and make that happen. They can just take it out of underwriting and get you approved a lot quicker. I’ve had somebody with seven foreclosures on their account and I was able to get them an account. Welcome to the good ol’ boy’s network. It’s who I use, as well as other internet marketers like Jim Edwards, Armand Morin and others. Basically, any name out there on the internet that you’ve ever heard of, we’re all using them. So I’d highly urge you to go and to make things happen from there.
Warmest regards,
Matt Bacak
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