There are many ways to sell products online with or without a website, including physical products and downloadable types. In addition, there are many ways to accept payment; Visa, MasterCard, American Express, PayPal, and Bitcoin.
If you have a website and you are going to be selling products there are a few types of processors you can use.
My favorite is PayPal Payments Pro. First, you will have to have a PayPal account and you will have to apply ($30 application fee). My credit was terrible and they accepted me, so I’m not sure about their internal process. If you do not get approved, you can still accept payments with PayPal through PayPal Payments Standard (See difference between them both at This Webpage).
After a successful application of Payments Pro, they will instruct you to select a 3rd party, so you can directly have buttons on your website. This way, the customer can complete the entire checking process on your website without leaving.
My favorite partner of PayPal to use is E-junkie. The reason why I like them is that they allow a website owner to sell digital and tangible goods, but the best part is that they charge only a flat fee every month no matter how many transactions you complete. Most of the other companies charge a percentage (%) and sometimes a flat fee with every transaction. That may not sound like a lot of money but after time it adds up. Plus, E-junkie charges a very fair fee based on how many products you have in their store.
The best way to sell products without a website is on Amazon.com. This is the number 1 seller and especially if your product is the lowest price, you will make sales.
You can even try it out if you like as their individual account allows for up to 40 products at a rate of $0.99 per transaction. If you want to go all the way immediately, you can sign-up as a professional at $39.99 per month plus selling fees.
There are also a number of other niche type websites for selling products such as;
The following credit cards represent the largest portion of worldwide transactions;
As you can see, the major cards to accept on a website are MasterCard and Visa. Although in my experience, if you sell anything that is business related, you will see a lot of American Express transactions. Furthermore, those who spend on the company’s dime don’t necessarily care about the price and I find them to be the easiest conversions.
With Paypal Payments Pro, you can accept Visa, MasterCard, and after going through your profile once you have completed the setup process, you can click an extra measure to process American Express.
In addition, processing PayPal transactions represents about 15% of all my transactions. Therefore you need to have PayPal on your site.
I do not just have it on my site. This is what my buttons look like when you want to checkout;
See how the button is not in a drop-down, but rather right in line with the option to checkout via credit card? Plus, customers know that with PayPal they can dispute a transaction that they find defective or if it wasn’t shipped/delivered. Typically, if a site has PayPal as an option, customers know that they can trust the site.
I do not currently process bitcoin on any of my websites, so I cannot tell you with any confidence how successful it may or may not be. Personally, I think that it is a fad, but if you are seeking to add a button on your site that accepts it, you can find a list of all the bitcoin merchants at this web page.
Mainly, I do not like BitCoin due to it’s price fluctuation (See Chart over the last year), but there are only more and more websites that are accepting it.