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Tag Archives: credit-card
How to Find Your Side Hustle
The post How to Find Your Side Hustle appeared first on HostGator Blog . Did you know that over 44 million Americans already have a side hustle, according to CNN Money? Something that’s also worth mentioning? 36% of those side hustles are bringing in at least $500 extra dollars a month. Owning and operating your own independent business, apart from your full-time job, is a great way to hone your skills, make some extra cash, and build a business that could end up replacing your full-time income. 5 Steps to Finding Your Side Hustle With a multitude of side hustle opportunities out there, how do you decide which one is perfect for you? Here is a checklist to help you get started. 1. Find your why You’ve heard the idea of “finding your why” from thought leaders like Tony Robbins and Simon Sinek. If not, the basic idea is once you know why you are doing something, it’s possible to accomplish your goals. Here is a relatable example. It’s January 1st and you are going to get in shape this year. After all, that’s what people resolve to do, right? You go to the gym every day until January 12th. Then, your interest and motivation start to stagger, until you find you haven’t been to the gym in weeks, and finally, you don’t really care. If this is you, you’re not alone. Only 8% of people actually accomplish their New Year’s Resolutions, according to research by the University of Scranton. The reason? It’s safe to say it’s because these goal setters don’t have a defined why, or an underlying motivating reason to keep going when the going gets tough. Starting a side hustle may be one of your greatest desires, but to be successful, it’s important to determine your ultimate why. Is it because you want to pay off consumer debt that is eating at you every day? Do you want to transition from your full-time job to doing what you really love? Do you want extra cash for luxury vacations instead of staying in yucky hostels? Dig deep to determine whatever deeply motivates you, write it on a big poster board, and mount it on your wall. When things get hard, look at your poster and you will remember exactly why you made this goal of starting a side business in the first place. 2. Find your element Now that you know why you want to start a side hustle, it’s time to find some feasible options of what you might do. There are several options for a side business, but not all of them are for you. Some side hustles may bring in more money, but if you have zero interest, then it’s not a good fit. Similarly, you may be interested in a certain type of business, but if you lack talent, it also might not be a smart way to spend your extra time in a day. In the book Finding Your Element: How to Discover Your Talents and Passions and Transform Your Life by Ken Robbins, he talks about the magic space that is your element. In short, your element is the place where your passions and your talents meet. To find the perfect side hustle, you need to find your element. Do this by brainstorming all of your talents and all of your passions. When you find a job that caters to both your talents and your passions, you’ve found your element. For example, you may love jewelry, but if you don’t have an artistic eye, an Etsy custom jewelry shop is not your element. However, let’s say you could spend all day writing, you know a ton about content marketing and everyone tells you how much they enjoy your articles. There you have it. Freelance writing or blogging might be your element, and a good starting point for finding your perfect side hustle. 3. Evaluate how much time you have Another factor in finding the right side hustle is to get a realistic hold on how much extra time you actually have. Everyone has 24 hours a day, but not everyone has the same responsibilities and priorities. How much time you have will provide valuable insight into what type of business you can start. The best way to find out how much time you have is to spend a week or two tracking your schedule. Here are some questions to consider when tracking your schedule: When do you wake up? Could you wake up earlier? How much time in the morning do you need to dedicate to your physical health, mental health, and family? Do you have any down time during the day? How are you currently spending that time? What time do you get off work? How long does it take you to get home? When do you settle down for the evening and start engaging in “me time?” How do you spend your “me time?” Are you spending any time on activities that don’t bring you joy or invigorate you (hello…Netflix browsing)? What time do you go to bed? Could you push bed time one hour later? Once you know how much time you have, it will be easier to pick a side hustle that works within your schedule. 4. Do your research up front The last thing you want to do is pick a side hustle, register your business, get started and then find out months down the road there is a better option for you. Before getting started, take the time to learn about every side hustle option that is available. Start out by reading blogs about different types of side hustles and using Google for additional research. There are also several side hustle resources that will provide insight into what side hustles are out there. Here are 3 favorites to help you get started: Side Hustle School – Side Hustle School provides daily podcast, in-person workshops, and a book to help you develop a successful side hustle. Side Hustle Nation – Side Hustle Nation is a podcast and blog filled with advice on hustle business ideas, how to get started, and how to build your business. Ryan Robinson – Ryan Robinson is the king of side hustle advice. He offers excellent guidance, resources, and tips. Once you have a good idea of what side hustle businesses are out there, you’ll be able to make the right choice from the get-go. 5. Research income potential This step brings the process full circle. In other words, it brings you back to your why. If your ultimate why is to pay off $2000 of credit card debt, you can opt for a side hustle that is more enjoyable but pays less (e.g. dog walking, rideshare driving, etc.). If your ultimate why is to replace your full-time income, then you need a side hustle that brings in more money (e.g. affiliate marketing, freelance design, blogging, etc.) The resources listed above will not only help you understand what side hustle options are available, but also how much you can make with each side hustle, and how you can maximize your earning potential with strategy. Finding Your Side Hustle When starting a side hustle, remember the most important piece of advice: to get customers, you need to tap into the online search world by putting up a solid website. Check out Gator Builder , our intuitive website builder, to get started. Find the post on the HostGator Blog Continue reading
Posted in HostGator, Hosting, VodaHost
Tagged business, credit-card, element, hostgator, mental-health, ultimate, vodahost, web hosting
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Streamline Your Online Donation Process with These 9 Steps
The post Streamline Your Online Donation Process with These 9 Steps appeared first on HostGator Blog . Fundraising for your nonprofit group, school, or personal cause is usually more productive when it’s super-easy for people to donate. But online fundraising faces some of the same challenges as online retail. People often start a transaction, then quit because they get frustrated or distracted. As many as 60% of the people who go to a donation page abandon the process before they complete their online donation. That’s not great, but the best practices that reduce retail cart abandonment can cut donor abandonment, too. Here’s how to make your online donation process easier to complete. 9 Steps to Hassle-Free Online Donations Google’s Retail UX Playbook makes recommendations for eCommerce checkout that you can adapt to streamline your online donation process, too. 1. Make it easy for visitors to stay on the donation page. “Limit exit points” in the payment process, like links to social media accounts and related content, so you don’t lose potential donors to distractions. 2. Show donors how far along they are in the donation process. Have you ever started an online donation, then immediately wondered how long it’s going to take you to get it done, and maybe bailed out because you’re not sure you have time to complete it before your Uber arrives/baby wakes up/boss starts the meeting? It’s not just you (or me). People like to know what they’re getting into, even when what they’re getting into is a relatively short online payment process. Google recommends using a progress bar on the page if the conversion flow has more than 2 steps. 3. Remind your potential donors of why they’re entering their data. Your donation checkout pages should include your fundraising goal, so people are more likely to see the process through to the end. The example above, from the ASPCA, includes three clear reminders of why this person is donating: in the header, in the touching puppy photo, and in the paragraph on the side. By donating, they can be a lifesaver to animals. 4. Interruptions happen, but you can make it easy for donors to finish later. Your checkout page should let people complete their donation on another device, either by emailing themselves a link or saving their data for to come back to on your site. These first four steps focus on what should and should not be part of your online donation process. The next four steps focus on how your online donation form can move people through the process to complete their donation. 5. Make sure that your online donation form only includes required fields. We’re talking about the fields that are required to verify donors’ identity and payment information. The longer your form is, and the more information prospective donors must enter, the more likely they are to abandon it. 6. Give users instant feedback as they fill out the donation form. Inline validation prevents the frustrating experience of filling out a form completely and then seeing it rejected because of a data entry error. Set up your form to show a check mark when fields like email addresses, credit card numbers, billing zip codes are entered properly, and your visitors won’t have to scroll back up the page to fix errors. In the example below, from the Red Cross, correctly completed fields receive a green checkmark, while incomplete fields get highlighted in red with a X. 7. Enable autofill for your form fields. The less information people must enter by hand, the more likely they are to complete your donation form. That’s especially true if they’re visiting your site on a mobile phone. 8. Make your donation form mobile-friendly. Your donation form’s fields for card numbers, phone numbers, CVVs, and zip codes should use a numeric keypad. Is there anything more frustrating than trying to enter a credit card number on a typewriter-style keyboard? Especially on your phone? After you set up your form, preview it on several different browsers and devices—especially mobile browsers. When your form is live, it’s a good idea to run A/B tests to see which format delivers the highest conversion rate. 9. Say thank you! Finally, there’s one more thing your donation process should do. Always thank your donors immediately after they contribute. It’s a good idea to follow up again later via email with a progress report or results on your fundraiser. Hold On to Your Donor Data Even if you’re only fundraising for one project right now, hold on to your list of donors (and keep that data secure). Besides sending thank-you notes and project updates, you may want to reach out to those contributors if you have other fundraising projects in the future. And if you’re raising money for a nonprofit organization or political campaign, you’ll need good donor records to comply with reporting rules. Just make sure you abide by GDPR and request their permission to be contacted in the future. A donation plugin like the ones we’ll look at next can help you store and manage your donor information. Donation Plugins for Your WordPress Website The fastest and easiest way to start taking donations is to install a donation plugin on your WordPress site. Here are a few of the most popular WordPress plugins for nonprofits . 1. Give Give lets you customize your donation forms, accept one-time and recurring donations, and accept donations in honor of or in memory of someone. Give’s dashboard helps manage your donor information for receipts, tax reporting, and more. The basic plugin is free. Add-ons for upgraded features, credit-card processing, and branded payment gateways like Stripe and PayPal are available as monthly bundle subscriptions or individually. 2. Seamless Donations Seamless Donations offers a quick setup to link donations to your PayPal account. Seamless also lets donors choose between one-time and recurring contributions. You can buy premium extensions to add functions like custom donation levels, enhanced thank-you notices for donors, and a widget pack that lets you display recent donations, total donations, and other data on your site. 3. Charitable Charitable integrates with WordPress and has a free theme of its own that you can apply to your site. The free basic plugin lets you direct contributions to your PayPal account, and it allows you to set up multiple fundraising campaigns. Premium packages add more payment gateways, email marketing integrations, and more. Ready to Set Up Your Fundraising Website? Get started today with HostGator’s shared hosting plan that keeps your costs low and includes a free SSL certificate to protect your donors’ personal information. Find the post on the HostGator Blog Continue reading
Posted in HostGator, Hosting, VodaHost
Tagged credit-card, donation, donor, form, fundraising, future, hostgator, hosting, online-donation, social-media, web hosting
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What Is Domain Name Privacy?
The post What Is Domain Name Privacy? appeared first on HostGator Blog . Maintaining your privacy is harder today than it’s ever been. Keeping your personal information safe from strangers is a constant challenge, one you have to be vigilant about. If you own a website though, there’s a good chance your information is out there where anyone can find it – unless you’ve chosen to invest in domain name privacy . What is Domain Name Privacy? Once you’ve finally found the right domain name and verified that the domain name is available , you’ll quickly see that registering it requires providing your contact information to the company you buy it from. They’re then required to pass that information along to the ICANN WHOIS directory, which publishes it for all the world to see. Domain privacy is an add-on service offered by many domain registration companies that keeps your personal information private, while keeping you in compliance with the law. What is the ICANN WHOIS Directory? ICANN (The Internet Corporation for Assigned Names and Numbers) is the nonprofit organization tasked with managing the domain name system of the larger internet. That includes generating new top-level domains and operating root name servers. But the task they’re most known for is running the WHOIS directory. The WHOIS directory keeps a record of every active website domain and who runs it. ICANN doesn’t manage it entirely on their own, they work with a number of registrants that earn ICANN accreditation in order to offer domain registration services. When you register a domain , you don’t go directly through ICANN, you do so with one of these services. They then provide the required information to ICANN, which adds it to the directory. Each domain name entry in the WHOIS directory includes a: Mailing address Phone number Email address This is the contact information for the website’s owner, or whoever runs the site. For a big company like Amazon that has a company headquarters and can provide email addresses that don’t reveal anyone’s personal information, supplying this information is no big deal. But if you’re an individual starting a website for yourself or run a small business without a physical location, providing personal details like this can be risky. Why The Directory is Required The WHOIS directory exists to make sure there’s a clear record of who owns each website on the web. That’s important for cases where a website owner veers into illegal or abusive territory. Without a record of how to find offenders, authorities would have no way to hold them accountable and minimize harm. Specifically, the WHOIS directory comes into play when: Law enforcement agencies need help tracking down suspects in crimes committed online, or where key evidence is found online. Businesses or lawyers seek to identify people guilty of stealing or misusing intellectual property, such as plagiarists or people who use images they don’t have the rights for. Internet companies want to limit the power of people guilty of spam or other nuisances or malicious behavior online. While those are good and practical reasons for a directory like this to exist, a number of people and businesses turn to it for other, less useful purposes. Reasons People Use the Directory When your contact information is widely available on the web, it inevitably gets into the hands a few types of people: Those looking to buy your domain name. If you want a domain name that’s not available, the WHOIS database is one of the first places to try to find the person who owns the domain. . This is a pretty harmless use of the directory. Even if you’re not interested in selling your domain name, it’s not that obnoxious to hear from people asking. Those looking to sell you something. Individuals and businesses that sell various online services often play a numbers game when cold contacting possible prospects. When they can find your information in the directory, they know you have a website and may potentially need what they offer. With the info available in WHOIS, they can call, text, and email. Even if their offers are legitimate, getting a barrage of contact from service providers is something most people wouldn’t welcome. Those looking to scam you. Scammers need a way to contact you before they can convince you to wire over that money you don’t actually owe or provide your credit card information for the product they’ll never send. The WHOIS directory is as good a place as any for them to find that information. And it’s easy to scrape for information, so they can get a lot of contact info all at once without much effort. Whenever contact information becomes accessible, it opens you up to spammers looking for any way to get their foot in the door to start selling to or scamming you. While it may also put you within reach for some legitimate business contacts, the ratio of good contacts to unnecessary or bad ones isn’t usually in your favor. How to Keep Your Information Out of the Public Directory While you’re required to provide your information when you buy the domain, it’s not required that the information be easily accessible on the wide web. And before you think you can just provide fake contact information to solve the problem, that’s not actually a workable solution. For one thing, you need your domain registration company to be able to contact you for all domain name management issues, such as renewal reminders. For another, you’ll be on the wrong side of the law, and if there’s an issue or dispute down the line, ICANN can cancel your domain name or hand it over to someone else. Technically, you do have the option to create a new email address and invest in a P.O. box to provide legitimate information that isn’t your primary personal contact information. The issue there is you risk missing out on important communication about your domain name if you forget to check it regularly. But you have a better option. You can remove your contact information from the WHOIS directory without running afoul of the law by using a domain name privacy service. Instead of seeing your contact information when they search for you, people will see a record where most of the information is redacted for privacy reasons. Although they’ll still see an email address they can contact about any issues. You won’t be hidden from the law or able to plagiarize with impunity. People will be able to contact the email address provided here—usually one associated with your domain registration company—who can then contact you about any important information that arises. 3 Reasons Domain Privacy is Worth It If you go through life trying to be careful who you provide your personal information to, you don’t want the simple act of starting a website to mean that all your personal contact information is out there for anyone to see. For many website owners, domain name privacy is worth it for three main reasons. 1. Protect your personal information. How comfortable are you with the idea of random strangers knowing your address and phone number? Even if it’s a business address and phone number, rather than a personal one, that’s still probably where you spend a lot of your time each day. The possibility that anybody could figure out where to find you with a simple internet search is disconcerting for many people. In addition to the general discomfort you might feel, there’s the very real risk of identity theft. Every piece of information about you that becomes easily accessible to thieves puts you a little more at risk of identity theft. With high-level businesses showing up in the news for data breaches with increasing frequency, there’s only so much you can do to fully protect yourself, but every little step you can take to make your personal information harder to find reduces your risk. 2. Reduce spam. We are all inundated with spam in so many areas of life. Phone calls from strange numbers. Emails from unknown sources shilling products you’d never buy. You’re probably going to deal with some spam no matter what, but when your email address and phone number are easily accessible in a directory, you’re just making it easier for them. Domain privacy offers you protection from spammers having one more place to find you. 3. Avoid scammers. If there’s anything worse than spammers it’s scammers. Internet and phone scams are common and it’s another area where the more people know about you, the more likely you are to be targeted. And the more information scammers have, the more convincing they can be. If they see your domain registration is about to expire, they can pose as your domain registration company and try to get you to pay them rather than your actual company. Or they could go the other way and attempt domain hijacking by posing as you to your domain registration company to try to convince them to hand over the keys to your domain. That last part is hard to pull off, since companies have put procedures into place to make it domain hijacking very difficult, but having access to your personal information along with details about your domain registration makes pulling off these kinds of scams that much easier. 3 Downsides to Investing in Domain Name Privacy The reasons to invest in domain name privacy are pretty compelling, but it’s always good to consider all sides of a decision. There are a few downsides to going with domain name privacy as well. 1. It costs money. Domain name privacy typically means paying an additional fee on top of your domain registration. And it’s not something you pay for once and you’re done, you’ll be paying each year again at renewal time. For some website owners, the cost may be a big enough sticking point to opt not to invest in domain name privacy. 2. It may not offer full protection. Unfortunately, not all domain registrars are reputable and there have been cases of companies selling the information that customers paid them to keep private. Shielding the information from the WHOIS directory is one thing, but if you want to keep your contact information really safe, then you still need to be careful who you buy domain name privacy from. Make sure it’s a well respected company with a solid reputation for taking care of their customers. 3. It means less transparency. When potential customers want to confirm the legitimacy of your business, the ability to confirm who you are and where you’re located tells them you’re real. Most customers aren’t going straight to the WHOIS directory for that information, and you can probably provide good information on your website and in your marketing to demonstrate your legitimacy. But allowing the directory to publish your information is one more way to exhibit transparency to your customers. For most businesses, the benefits of domain name privacy will outweigh the downsides, but there may be some cases where keeping your information public in the directory is worth it. What Does Domain Privacy Cost? The cost of adding domain name privacy to your plan varies for different providers, in most cases, it’s pretty affordable. Typically private WHOIS registration costs fall somewhere in the range of $10 to $40 a year. HostGator customers can get it for $14.95 a year. The good news is that paying for domain privacy is usually simple, as long as you go with the same company you use for domain registration and web hosting. You can automate the process and pay for it all once a year through the same account. How to Get Domain Name Privacy with HostGator If you’re ready to add one more level of privacy to your life and website, then investing in domain privacy is pretty simple. Check with your web hosting company to see if they offer it as an add-on service. If you use HostGator, all you have to do is use launchpad to enable WHOIS privacy. Follow the instructions below: Log into your Customer Portal. Click on the domain name you want to enable privacy for in order to open the Domain Overview section of the portal. Look for the word “Privacy.” You’ll see a red X next to it, indicating you haven’t bought it yet. Click on the word “Change” next to the X. Click on the option to select Private on the next page that comes up, and click “Save.” You’ll probably still get the occasional spam phone calls or emails—we all do—but by investing in domain name privacy, you won’t get as many and you’ll keep you private information safe from strangers. For more information on how to manage domains or transfer domain names , please contact HostGator today. Find the post on the HostGator Blog Continue reading
Posted in HostGator, Hosting, VodaHost
Tagged business, credit-card, directory, domain, hosting, investing, marketing, news, personal, small-business, web hosting
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8 Best Apps to Process Credit Cards on Your Website
The post 8 Best Apps to Process Credit Cards on Your Website appeared first on HostGator Blog . The internet makes it easier than ever to start a business or reach a larger clientele for the business you already have. But one of the most basic things you need in order to make money online is a way to accept payments on your website. In this article we review the top apps for processing credit card payments on your website, and walk you through how to choose the right app for your site. What You Need in a Payment Processing App No matter what type of business you’re in—or even if you’re just a blogger ready to accept donations— to accept payments through your website, you need to make sure of two things: 1. It’s secure. If people are going to give you their sensitive financial information, it’s your responsibility to make sure that doing so doesn’t put them at risk. You have to take the proper precautions to make sure you can accept payments securely. That means investing in basic security measures like an SSL certificate and security software , and using a reliable program for processing payments. Some hosting providers offer security packages that cover most of your bases, and picking the right credit card processing app will cover the rest. 2. It’s easy. Convenience is key when selling online. People aren’t going to take the time to write a check and put it in the mail or provide their bank account information for a transfer. In short, you have to accept credit cards. All of the best online payment processing apps make this possible and keep it convenient for your customers. 8 Top Credit Card Processing Apps for Websites Luckily, there’s a whole industry of products designed specifically to enable websites to safely and easily accept online payments. Here are eight of your top choices. 1. Flint Flint was specifically developed with small businesses in mind, so it’s easy to use and affordable. They promise security measures that are in compliance with PCI standards. And you can easily get it setup on your website within minutes, without having to use any coding. Their Pro plan costs $99.99 a year and allows for unlimited online sales. 2. Flagship Merchant Services Flagship ’s online payment product enables processing f or all major credit cards, as well as bank transfers. As with other payment processing apps, they offer a secure and convenient transaction process. They also have features to make recurring billing easier for repeat and subscription customers, and can be set up to sync with Quickbooks to easily import your sales details into the accounting software. They offer a number of pricing models that businesses can choose based on what works best for the way you do business. 3. Stripe S tripe ’s payment processing app allows you to accept both credit cards and wallets (like Google Pay and Apple Pay). They have a UI toolkit that lets you build your own checkout form. And they use an encryption process for security that’s in compliance with all the highest industry standards. They price per credit card transaction, with each sale costing 30 cents, plus 2.9% of the total charge. 4. Braintree Braintree allows you to accept payments via credit cards, PayPal, Venmo and wallets. They offer both a drop-in UI you can use to easily set up your checkout process, or a custom UI that allows you to tailor the details. They offer Level 1 PCI compliance for security, as well as additional features you can use for fraud protection. And they have features that make it easy to save billing info for repeat customers to make check out easier. They charge a per transaction fee of 30 cents, plus 2.9% of the total purchase. 5. 2Checkout 2Checkout ’s shopping cart product is easy to get set up and provides both an inline cart you can use that’s designed to be intuitive, and a gallery of different templates you can work from if you want a different cart design. All of their cart options are responsive, so you can count on them to work seamlessly on mobile as well as desktop. They accept payments from all the major credit cards, Paypal, Apple Pay, and bank transfers, and can process payments from all over the world. Their fees start at 3.5%, plus 35 cents for each sale. 6. PayPal Payments Pro The familiar brand for all types of online payments and money transfers also provides a product for accepting eCommerce payments through a website. PayPal Payments Pro allows you to accept payments using credit cards or PayPal accounts. They offer a customizable API, if you want to create a particular checkout experience, and provide the option of financing, which can be useful for businesses selling big ticket items. They charge $30 per month, plus 30 cents and 2.9% for each transaction. 7. Authorize Authorize promises advanced fraud protection using a number of filters (velocity, IP, shipping, and transaction) to help you avoid scammers. They process all major credit cards, Apple Pay, PayPal, and Visa checkout. And they make recurring and repeat payments easier for customers. Getting set up is as simple as copying and pasting some html code into your site. The app costs $25 monthly, as well as 2.9% and 30 cents per charge. 8. Payline Payline promises PCI compliance for data security, as well as fraud protection features. They allow you to accept all major credit card options, as well as ACH transfers. They also offer free subscription billing features and integration with over 175 online shopping cart products. They charge a $10 monthly fee, as well as a 20 cent per transaction fee, and 2.3% for all credit card charges. Get Paid Quickly and Easily The last thing you want is to make your customers feel like they’re jumping through hoops to give you their money. These payment processing apps make the purchasing process on your website quick and painless, so you get a higher conversion rate and more profits. Find the post on the HostGator Blog Continue reading
Posted in HostGator, Hosting, php, VodaHost
Tagged accounting, api, article, cards, conversion, credit-card, hostgator, hosting, paypal, php, responsibility, sales
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Top 10 Online Payment Methods for eCommerce Sites
The post Top 10 Online Payment Methods for eCommerce Sites appeared first on HostGator Blog . There are a few main features that every eCommerce website must have to do business. Perhaps the most essential of them all is a way to get paid. If you can’t take online payments, then the main goal of your business—making money—is impossible. In the competitive online marketplace, having one way to accept payments is required, but having multiple could put you at an advantage. eCommerce businesses have a number online payment methods to consider, each promising to provide an intuitive and secure checkout experience. To make sure you’re providing the best payment methods to your visitors (and capturing as many sales as possible), here’s the main information you need to know about online payment methods and the top options available. What are Online Payment Gateways? Online payment gateways are the eCommerce services that process payment information for websites. Online payment gateways offer two main benefits to eCommerce businesses: 1.They make the checkout process fast and easy. Have you ever started to make a purchase only to realize that the process of buying the item took too long and required more work than you were willing to do? The average rate of shopping cart abandonment —people who expressed a clear intent to buy and then didn’t—is around 70%. If your checkout process puts barriers in the way of making a purchase, the likelihood that you’ll lose sales because of it is high. A good online payment gateway makes the process simple and intuitive so you capture most of those sales rather than losing them. 2. They provide encryption to keep your customer’s information secure. The threat of identity theft means that every online transaction a customer makes requires trust. You have to make sure that the sensitive information they provide you is protected from hackers around the web that seek to steal credit card information from vulnerable sites. Since online payment gateways specialize in processing financial information, they have the proper encryption and safety features to keep your customers’ information safe. Why Offer Multiple Online Payment Methods? While it’s possible to get by with one safe and easy online payment method, many customers are starting to have the expectation of using their favorite payment methods on sites across the web. With the growing popularity of services like PayPal, Square, and Apple Pay, customers are increasingly able to checkout on a variety of websites without having to spend time adding all their payment and address information for each purchase. Instead they only have to log into an account they use regularly, and in many cases may not even have to do that if their device remembers it. That creates a more seamless and convenient experience for them— especially on mobile, where a growing number of online purchases are taking place. The more your visitors come to expect this kind of convenience, the less likely they are to bother with a website that makes them do more work. Is It Really Worth the Time and Effort to Add New Payment Options? Bayard found that 19% of shoppers who have abandoned a cart said they didn’t trust the site with their card information. And another 8% directly said there weren’t enough payment options. So, let’s do some quick math: for the average eCommerce store, 70 out of every 100 shoppers who add an item to their cart will bail. And anywhere from 8-19% of those will do so because they’re not satisfied with the current online payment methods you offer. By adding additional online payment options, you could convert up to 13 (that’s 19%) of those 70 shoppers. And if you add the payment methods your target audience prefers, you could convert another 5 or so (the 8% who want other options). Earning up to 18 more conversions per 100 potential shoppers seems like a worthwhile use of your time. Let’s look at some methods to consider. 10 Online Payment Methods to Consider The online payment services on the market all aim to offer easy and secure ways to pay. Each has different reasons to consider using them. 1. Paypal Paypal is one of the biggest and most familiar of all the online payment options. The site has over 254 million users . That’s a lot of people who would have an easier time making a purchase on your website if you let them check out with Paypal. The service boasts that it’s currently used by over 17 million businesses and that customers who use PayPal to check out convert at 82% higher rates than with other payment options. That’s a pretty compelling reason to use PayPal. Luckily, adding a PayPal button to your checkout process is pretty simple (although you may need to work with a developer if you don’t use an eCommerce solution). Expect to pay 30 cents plus 2.9% for each purchase processed through PayPal. 2. Amazon Pay Paypal may be popular, but Amazon is undisputedly one of the most popular sites across the whole web, and one that almost all your customers will have accounts with already. Adding Amazon Pay to your store can make it easier for Amazon customers to shop with you without having to key in their payment data in your checkout. You’ll reduce barriers to purchase for hundreds of millions of customers, while also offering a payment option that the company promises has proven fraud protection. Amazon’s payment method works well on mobile devices, offering a seamless experience where it matters most. Setting up an Amazon Pay button your website with their Express Integration option can take a matter of minutes. Or you can use their API, which takes a little longer, but allows you to customize the experience to better fit in with your website. As with PayPal, the cost of using Amazon Pay is 30 cents plus 2.9% for each purchase. 3. Google Pay If anyone can compete with PayPal and Amazon for market share, it’s Google. The company now offers their own online payment method, Google Pay . Google says hundreds of millions their users already have card information saved to their Google accounts, which means providing a Google Pay option offers added convenience for a significant number of people. As with the other options, they promise an intuitive process—on desktop and mobile—and top-notch security through encryption. Google Pay also lets retailers set up loyalty programs, digital gift cards, and deals for customers so everyone can skip the paper and plastic cards. And Google Pay works with PayPal and Visa Checkout for added reach. Notably, they don’t charge you anything for using the service. It’s free for both you and your customers. 4. A meric an Express American Express might not have the market share that our first three online payment gateways do, but it has something just as valuable: consumer trust. While American Express is not as ubiquitous as some its credit card competitors, it has one of the highest satisfaction rates in the industry and tends to target a higher-income consumer than other credit card companies. As such, the people who would find an American Express checkout option attractive are likely to be some of the top visitors you’d want to attract. They promise fraud protection, 24/7 customer support, and the flexibility to work with a number of payment processors and consider different add-on features. And they can accept over 120 currencies, so if you’re interested in attracting international customers, that’s a big benefit. The catch, as you might expect, is that the option costs more than most of your other choices. Prices for American Express’s gateway start at $20 a month for up to 100 transactions, but go up for additional transactions. And they have a setup fee on top of that number which starts at $99. If you think you’ll have enough high-value customers likely to see a benefit in using the AmEx gateway to check out, the cost may be worth it though. 5. Apple Pay For people who use Apple devices—and that’s more than 64% of people in the U.S. — Apple Pay works as a mobile wallet when they’re out and about, and a one-click payment option on websites that accept it. For mobile users, customers can even check out with Apple Pay by using their touch identification—it doesn’t get much easier than that. Apple Pay uses tokenization to keep credit card information secure, meaning that once a user provides their credit card information to the service, the device communicates with the issuing bank to create a randomly generated number (or token) to represent that card. That obscures the information from hackers, keeping consumers’ financial data safe while working quickly. You can set your website up to accept Apple Pay by using their API, as long as you already use one of the compatible platforms or payment providers . Like Google, Apple’s payment gateway is completely free for both merchants and customers. 6. Stripe Stripe provides an feature-rich payment processing platform that makes it easy to accept payments from a range of sources (credit cards, digital wallets, ACH transfers, and different currencies). They also provide a number of options for the checkout process. If you have limited coding skills, you can add their embedded checkout to your site with one simple line of Javascript, or you can create a more unique payment form with their custom UI toolkit. Where some of the options we’ve looked at so far are primarily useful as an add-on checkout option, Stripe provides a good basis for other online payment methods to be added onto. As with some of the other options, Stripe costs 30 cents plus 2.9% for domestic credit card processing, and .8% for ACH payments. 7. Square While Square is mostly associated with in-person point-of-sale (POS) payment processing, the company also offers eCommerce options. They have an online payment API that accepts many of the payment methods we’ve included here (Google Pay, Apple Pay, Masterclass), as well as credit card payments. In addition to payment processing, they offer an easy checkout solution that allows customers to set up profiles at the same time that they provide their payment information. Like many of the other solutions, Square charges 2.9% plus $.30 per payment. 8. Visa Checkout Like the payment gateway from American Express, Visa Checkout makes it extra easy for all Visa cardholders to check out on your website without having to fill in all their payment information. There are over 2 million people enrolled in Visa Checkout, so you’d be making the checkout process easier for a significant portion of your audience. That convenience clearly makes a difference, since Visa’s data shows that offering Visa Checkout can increase conversions by 42%. The payment option includes advanced security features and easy setup options. 9. Masterpass Mastercard’s Masterpass payment option is similar to those offered by American Express and Visa. It makes it easy for any Mastercard holders to quickly and easily check out from your website. And it provides the kind of advanced security in the payment process you’d expect from a credit card company—including user verification, tokenization, issuer authentication, and fraud monitoring. Mastercard doesn’t charge any fees to either you or the customer. And the company has developers available to help you get set up . 10. 2Checkout 2Checkout is a global payment processing solution that accepts payments from across the world in a number of different currencies. They provide a customizable checkout that you can design and add to your website, extensive fraud protection, and a responsive design that ensures customers can easily check out across devices. They offer an API that makes adding the processing solution to your website fairly simple, while also providing the flexibility to customize it as needed. The company charges 2.9% plus 30 cents per transaction, with extra fees for foreign customers. Choosing Your eCommerce Payment Gateway As you can see, when it comes to getting paid, you have options. But it’s less a matter of finding the right one, and more a matter of determining just how many different online payment methods you want to make available to your customers. If adding more options to your checkout process makes buying products from you faster and more convenient, you’re likely to see an increase in sales as a result—so the question may really be, can you afford not to add more payment options? Find the post on the HostGator Blog Continue reading