Payment Solutions for Online Stores
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Late last year, my friends and I were thinking of putting an online store for an airsoft community. It was all set(the store, the goods, etc) until we realized we needed Visa and Mastercard Payment Solutions. At first, we wanted to use GCash and SmartMoney but it’s not really widely used and most airsoft enthusiasts are professionals with credit cards.
Finding an Internet Credit Card Processor is crucial for online stores especially if you are in the Philippines. Paypal has just started to provide full service in the country and the penetration is still very low. That could have been a very good candidate. Another candidate was a local online payment processing company but their charges are too high. With very little markup, profits will only go to payment of charges.
So for now, we are doing it the hard way. That is, the client will deposit the payment in a bank, email the bank receipt to us and then we’ll send the goods to them. Pretty jurassic, huh! But it works since the volume is not that much. Hopefully, we’ll find an online merchant solution that will suit us best. Actually, you can Click Here for Merchant Accounts. That’s one of my prospects right now.